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Showing 831 - 840 of 844 results for "Senate"

Macquarie welcomes Senate superannuation recommendations

Macquarie Financial Services Group has welcomed the recommendation of the Senate Select Committee on Superannuation on the introduction of growth pensions to the Australian retiree market. Macquarie technical manager David Shirlow said the ball was ...

Coonan calls on Democrats to accept super reform

... Assistant Treasurer Senator Helen Coonan has said the Government remains committed to the superannuation issue, despite the Senate's rejection of the proposed reduction in the superannuation surcharge. "Both the surcharge reduction and the co-contribution ...

Superannuation bill rejected by Labor

... introduce an exclusive tax cut for high income earners were rejected last night as Labor opposed a superannuation bill in the Senate. "This is a blatantly unfair tax cut that will result in substantial benefits flowing exclusively to less than 5 per ...

Sherry accuses Government of "another major super bungle"

... based on the assumption that 80 per cent of backpackers and other temporary residents would claim their super payments, but Senate Estimates Hearings have confirmed this figure has been vastly overstated." "Treasury has refused to reveal the extent of ...

"The time for rhetoric is over": ASFA demands progress on super

... compromise by all parties may be necessary to ensure the reforms are put into practice. "The three major parties in the Senate may need to compromise if the agenda is to move forward," said Philippa Smith, ASFA chief executive. "The time for rhetoric ...

Telstra defends plans to cut 3,000 jobs

Telstra has announced to a Senate budget estimates committee that it plans to slash 3,000 jobs in the next financial year. Stephen Morrison, media relations manager at Telstra, told the Financial Standard that the job cuts will not come at the expense ...

Budget underestimated drought costs by $200 million: official

... the drought to the Government were at least $200 million out, Federal agriculture department official Bob Calder told a Senate estimates committee today. Calder said expected spending on drought assistance had increased to $953 million, but the Budget ...

Crean reaffirms opposition to Telstra sell-off

... Senator Sue Mackay said Telstra intended to cut capital expenditure by $600 million in a plan reportedly revealed during a Senate committee hearing. Crean told reporters that Labor would use the Federal Government's stake in Telstra to improve services. ...

ASFA welcomes Coonan's reassurance on co-contribution

... the forward estimates for the Government's two superannuation initiatives currently stalled in partisan politics in the Senate referred to only one initiative - the reduction in the super surcharge. The other - the co-contribution - was not referred ...

Income tax Budget gets mixed reaction

... government co-contribution to superannuation for low income earners-although both these schemes are currently stalled in the Senate. "Looking at the forward estimates, the co-contribution seems to have been abandoned. This is very worrying. The money ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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