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Showing 61 - 70 of 320 results for %22House of Representatives%22

Senator remains firm on FASEA extension

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... whom don't want the exemption, which applies to many of Australia's 'rich listers', to remain." The bill now sits in the House of Representatives, where the amendment will be considered. Patrick said if the amendment is rejected and the omnibus bill ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... an extra year to complete the FASEA exam and two years to complete the FASEA education requirements was returned to the House of Representatives after an amendment was sought. Despite being introduced to the senate with bipartisan support, an amendment ...

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 ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... Senate. Jones said pressure has been mounting on the government to make the call since Labor introduced the amendments in the House of Representatives in February. "As recently as last week, Senator Jane Hume made the inexplicable last-minute decision ...

Merging super funds guaranteed tax relief

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... the parliament successfully shepherded the government's Treasury Laws Amendment (2020 Measures No.1) bill through both the House of Representatives and the Senate, ensuring the tax relief granted to merging super funds is now permanent, rather than a ...

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 ...