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Showing 71 - 80 of 127 results for "Cormann 15"

Government agrees to 12-month TASA exemption

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
The government has agreed to extend the exemption for financial planners to become registered tax agents under the Tax Agent Services Act (TASA) bill. The current exemption will be extended to June 30, 2014 and there will be a three year transition ...

Coalition opposes TASA changes

LAURA MILLAN  |  MONDAY, 17 JUN 2013
The Coalition has opposed the changes to the Tax Agents Services Act (TASA) bill on the same day that the Parliamentary Joint Committee is due to present the results of its inquiry to the Parliament. "It is completely inappropriate to release this sort ...

FIRST Super questions fairness of Coalition's super board quota policy

JAMES FERNYHOUGH  |  FRIDAY, 14 JUN 2013
FIRST Super chief executive Bill Watson has cast doubt over the legitimacy of the Coalition's policy to impose quotas on industry superannuation fund boards. "As far as I'm aware, for publicly listed companies there's not a requirement that there be ...

Government extends TASA exemption

LAURA MILLAN  |  THURSDAY, 6 JUN 2013
The federal government's Assistant Treasurer David Bradbury has extended the exemption for financial advisers of the Tax Agent Services Act (TASA) bill and has referred the bill to the Parliamentary Joint Committee for an inquiry. After pressure from ...

Govt loses, then wins vote on super legislation

MARK SMITH  |  THURSDAY, 16 MAY 2013
The House of Representatives voted in favour of Opposition amendments designed to ensure at least a third of super fund trustees have to be independent before the government regrouped to rule out the amendment. According to a statement from Opposition ...

No need for more super bureaucracy: Cormann

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
There was no need for more bureaucracy to protect Australian's superannuation savings, shadow minister for Financial Services Mathias Cormann has said in response to the government's announcement of a superannuation charter. Cormann was also critical ...

Opposition and VOFF criticise response to Trio report

LAURA MILLAN  |  MONDAY, 29 APR 2013
The opposition and the Victims of Financial Fraud (VOFF) have criticised the government's response to the reports by the Parliamentary Joint Committee and Richard St. John on the collapse of Trio Capital. Shadow minister for Financial Services and Superannuation ...

Coalition vow to leave SMSFs alone

MARK SMITH  |  FRIDAY, 12 APR 2013
Shadow Assistant Treasurer Mathias Cormann has confirmed that the Coalition would aim to leave self-managed super fund (SMSF) legislation alone if they won the next election. Addressing an audience of SMSF advisers, accountants and auditors at the CPA's ...

Super council won't prevent Labor tax raids

MARK SMITH  |  MONDAY, 8 APR 2013
Shadow Treasurer Joe Hockey has slammed the government's new superannuation proposals saying the new Council of Superannuation Custodians would not bring an end to future tinkering. Details about the independent body are yet to be disclosed, but Treasurer ...

Stop using super as political pawn: Narev

MARK SMITH  |  THURSDAY, 14 FEB 2013
Commonwealth Bank boss Ian Narev has urged politicians from both sides of the aisle not to use superannuation as a political pawn in the run up to the Federal election. "It is absolutely critical that we have a long-term position and certainty in superannuation," ...