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Showing 71 - 80 of 1323 results for "Parliament"

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... for reform and sending a clear message that abuse is not tolerated in any form. We strongly support government and parliament moving to close this legal loophole and protect victims of family violence and financial abuse." The SMSF sector, meanwhile ...

GESB renews administration mandate

JAMIE WILLIAMSON  |  THURSDAY, 5 DEC 2024
... the renewal follows changes to the State Superannuation Act 2000 being passed by both Houses of Western Australia's Parliament that will allow GESB members to continue directing their employer super contributions even after they've left the public se ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... minister for financial services Stephen Jones said. It comes about six months after the first tranche of reforms passed parliament in early July. First and foremost, the next tranche will create a new class of adviser "to provide safe and simple advice ...

WA super law reforms boost GESB

JAMIE WILLIAMSON  |  MONDAY, 2 DEC 2024
... been passed. Changes to the State Superannuation Act 2000 have now been passed by both Houses of Western Australia's Parliament, benefiting the 250,000 current and former public sector workers who have super accounts with GESB. While the implementation ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... date. However, if the federal election is called before May, the inquiry lapses. "The calling of the election is when parliament is suspended and we'll have to recall it. There's a fairly good tradition of inquiries that have been recalled..." ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... "The government does not have the numbers in the upper house, and it doesn't look like they will have the numbers when parliament sits next February," Ali said. "With talk of an early election, maybe March, the government's outstanding agenda will be ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
After a decade in the making, an objective of superannuation has been legislated, with the bill passed in parliament yesterday. Now enshrined in legislation following the passage of the Superannuation (Objective) Bill 2023, the objective of superannuation ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... rationalisation of the best interests duty and removal of the safe harbour steps. This week is the final sitting week for parliament. Abood said: "We're expecting to see the draft legislation [for Tranche 2] imminently. I'll certainly be asking ...

Swan tells Bragg he won't front parliament

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
Cbus chair Wayne Swan has declined an invitation to front the Senate Economics Committee over issues with the fund's recent board appointments and claims handling delays. In a letter to committee chair Senator Andrew Bragg, Swan thanked Bragg for the ...

Chalmers teases superannuation update

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... as part of our Future Made in Australia agenda next week if I can," Chalmers said. "A ministerial statement to the parliament on Wednesday about the progress that Australians have made together when it comes to getting inflation down and wages up and ...