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Showing 51 - 60 of 842 results for "Senate"

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The Financial Advice Association Australia (FAAA) has made a submission to the Senate Economics Committee inquiry into wealth management companies, highlighting financial advisers' concerns around the Compensation Scheme of Last Resort (CSLR). Specifically ...

Dividends to be down in FY25: Equity Trustees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... President Trump is in a hurry and will not be meaningfully slowed down, given Republican majorities in the Congress and Senate," Thompson said. "While positive for near term growth, these initiatives may add to inflationary pressures and result in 'higher ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... public inquiry into the failures of Dixon Advisory, which is under the watch of the Wealth Management Companies to the Senate Economics References Committee, is expected to provide a report by the last sitting day of March 2025. The committee is currently ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... they oppose such legislation," Ali said. Although it passed the lower house in October, the bill has lacked support in the Senate. "The government does not have the numbers in the upper house, and it doesn't look like they will have the numbers when ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Cbus chair Wayne Swan faced the Senate Economics Committee today to answer questions around the super fund's claim handling delays, governance and payments made to the CFMEU. Cbus is facing legal action from the Australian Securities and Investments ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... tops over $3 million when it comes into effect. The proposal, passed the lower house last month, was on its way to the Senate only to be reported that it could be shelved until after the next federal election. "It appears the government has come to the ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... unintended consequences. "It appears the government has come to the realisation that they don't have the support of the Senate cross bench to get this bill through, and they now have other priorities," Burgess said. "This is consistent with our own observations ...

Swan tells Bragg he won't front parliament

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
Cbus chair Wayne Swan has declined an invitation to front the Senate Economics Committee over issues with the fund's recent board appointments and claims handling delays. In a letter to committee chair Senator Andrew Bragg, Swan thanked Bragg for the ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... commission in April 2021 in the immediate aftermath of the GameStop short squeeze. He was confirmed in the role by the US Senate and was to serve a five-year term through to 2026. Before joining, he was professor of the Practice of Global Economics and ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... settled. The nominations were questioned last week by Senator Andrew Bragg when Cbus chief executive Kristian Fok fronted the Senate economics committee. When asked whether he believed the nominations would pass the 'fit and proper persons test' ...