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Showing 51 - 60 of 264 results for %22House Economics Committee%22

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
At a hearing of the House of Representatives Standing Committee on Economics that was supposed to focus on ME Bank's recent troubles, the super funds performing poorly in terms of early release copped surprise criticism. APRA had advised that early ...

Renewed scrutiny for ME Bank

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Liberal MP Tim Wilson has asked to recall ME Bank to the House of Representatives Standing Committee on Economics after correspondence with ASIC for a hearing later this week. During ME Bank chief executive James McPhee's appearance at the last ...

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... investigation into vertical integration at industry super funds and related conflicts of interest. Wilson, who chairs the House of Representatives' Standing Economics Committee, referenced a report from research and ratings house Lonsec on industry fund ...

ISA questioned over political donations

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... Labor party last year after claiming the lobby group does not make political donations. During an urgent hearing of the House of Representatives standing committee on economics, Dean was questioned by Tim Wilson over whether political donations made ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... about half of their account balance. This is in line with what Industry Super Australia chief executive Bernie Dean told the House of Representatives standing committee on economics about low balance members accessing early release. Dean said ISA research ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... backtrack, the bank's relationship with the 26 industry funds that own it has come under fire. At an urgent hearing of the House of Representatives economics standing committee chair Tim Wilson questioned ME Bank chief executive James McPhee. At ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
Industry Super Australia and ME Bank will front the House of Representatives Standing Committee on Economics on Thursday for an urgent hearing. The call for explanations from the bank and ISA comes following news that ME Bank, which is owned by 26 industry ...

Frontline worker death nominations spike

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... to say thank you for all that frontline workers have done over the past months," Cameron said. The data comes after the House of Representatives Standing Committee on Economics heard the COVID-19 pandemic has driven Australians to ask their life insurers ...

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... consequences, the pandemic is driving Australians to ask their life insurers whether their policies cover them for suicide, the House of Representatives Standing Committee on Economic has heard. Appearing before the House of Representatives Standing ...

Life insurers prepare for grilling

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... videoconference next week. Next week several major life insurance firms and advocacy bodies will face up to the scrutiny of the House of Representatives Standing Committee on Economics, with committee chair Tim Wilson committing to grilling insurers ...