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Showing 51 - 60 of 100+ results for "Industry Super Australia"

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
Industry Super Australia says a failure to make the planned increase of the super guarantee to 12% compulsory is a "tax grab" by the government. According to ISA, making the increase to 12% optional will result in the average Australian family paying ...

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
Industry Super Australia (ISA) has significantly ramped up its campaign against the Morrison government's Your Future, Your Super reforms package saying it will only serve to help dud funds. ISA said the reforms package will benefit the big banks and ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The opposition party, Industry Super Australia (ISA) and unions have criticised the Retirement Income Review and say the super guarantee (SG) must rise. Labor leader Anthony Albanese said the government is looking for excuses to break its promises. ...

Treasury expected to release retirement review

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... released to the industry for a consultation. Since its handing down on July 24, Labor MP Stephen Jones, Industry Super Australia (ISA), Association of Superannuation Funds of Australia (ASFA) and Business Council of Australia have panned the delay in ...

Australians drain $35bn from super

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... advantage of the scheme in the first half of the year were very likely to access it again in the second half. Industry Super Australia (ISA) said data in September showed over 600,000 Australians have drained their retirement savings all together. Whilst ...

AustralianSuper dodges advertising scrutiny

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
... expenses. Management and director remuneration amounted to $10 million, while marketing services paid to Industry Super Australia stood at $5.07 million. Additionally, the super fund was not transparent in providing the impact of adverse foreign-exchange ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
Industry Super Australia has hit out at arguments that wages will increase if the planned superannuation guarantee rise is delayed. ISA said the evidence that ditching the SG rise will not help wages can be seen from the last time it was cut in 2014. ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
Industry Super Australia (ISA) has called for the stage two tax cuts to be matched by a change to the Low-Income Superannuation Tax Offset (LISTO) to help boost the retirement savings of women. ISA said this move could help add tens of thousands of ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... practice or what the implications will be for competition, efficiency and incumbents in the sector." Industry Super Australia (ISA) expressed concern the government's "stapling" initiative could see members tied to underperforming funds for life. "Stapling ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... will be "stapled" to member accounts to avoid mushrooming of duplicate accounts. This has been panned by Industry Super Australia in the past, which said it may encourage errant behavior from funds as they look to attract first-time super entrants, and ...