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Showing 71 - 80 of 139 results for "Labor Government"

NSW to receive $2 billion infrastructure incentive

ALEX BURKE | MONDAY, 9 MAR 2015

... time when the mining investment boom is receding. The first deal under the Initiative was signed with the ACT Labor Government on 19 February 2015." The government expects the Asset Recycling Initative to generate nearly $40 billion in infrastructure ...

Industry furious at financial advice swap

AAP & ALICE URIBE | THURSDAY, 20 NOV 2014

... showed Australians really needed protection from poor financial advice. The laws, introduced by the previous Labor government in 2012, gave consumers a better idea of the commissions they were paying and gave them the option to opt in or out of their ...

PROFILE: Goldman Sachs Asset Management head of fixed income for Asia-Pacific Philip Moffitt

MARK SMITH | THURSDAY, 23 OCT 2014

... Bank in 1986. The futures market had just been established, the superannuation industry was starting up and the Labor government had recently opened up licencing for foreign banks. "It was just dumb luck to be honest," Moffitt remembers. "Just about ...

Govt to amend fund merger tax laws

ALEX DUNNIN | WEDNESDAY, 24 SEP 2014

... up in such mergers are not inadvertently hit with tax penalties. The amendments were proposed by the previous Labor government following concerns that the current law is unclear about how members' account balances should be treated in fund mergers that ...

Bowen supports lump sum status quo

JAMES FERNYHOUGH | THURSDAY, 7 AUG 2014

... Financial Advice Reforms (FoFA) "shambolic, secretive and dismissive of proper processes," and signaled a future Labor government would look to reinstate the original reforms if they are successfully repealed. However, he did not express a strong opinion ...

Super funds have clout to demand transparency

JAMES FERNYHOUGH | FRIDAY, 11 JUL 2014

... funds have also resisted full disclosure, arguing the initial standards proposed by Treasury (under the former Labor government) are too deep to be practicable. But Sicilia said such fears were overblown. "Whatever the disclosure requirements are, we ...

Former Future Fund MD joins Qantas Super

MARK SMITH | THURSDAY, 5 JUN 2014

... Superannuation Fund and chief executive of the Superannuation Trust of Australia. He was also head of the former Labor Government's Super Advisory Committee on SuperStream. "We are delighted to have someone of Paul's calibre joining the board, and are ...

Jeremy Cooper: Rethinking retirement

JAMES FERNYHOUGH | THURSDAY, 29 MAY 2014

... Review, Jeremy Cooper knows Australia's superannuation system as well as anyone. His recommendations led to the Labor government's Stronger Super reforms, which radically changed the way the system operates. Many in the industry, still struggling to ...

Treasury consults on unclaimed monies time window

ALEX DUNNIN | WEDNESDAY, 28 MAY 2014

... this week, Finance minister Senator Mathias Cormann said the current arrangements introduced by the previous Labor government in 2012 shortening the period that triggered the transfer from seven to three years was a major regulatory change that has added ...

Cuts to ASIC and ATO push industry to self-regulation

LAURA MILLAN | WEDNESDAY, 14 MAY 2014

... have to reduce "departmental resourcing" and "bring forward staff reductions that were already planned." The Labor government already considered staff reductions of 4,700 people over the next three years and the current government has confirmed that ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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