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Showing 1 - 10 of 69 results for "Andrew Bragg"

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... Party appointed a new shadow assistant treasurer and shadow minister for financial services in Luke Howarth, while Andrew Bragg takes on the portfolio of home ownership. Opposition leader Peter Dutton unveiled a shakeup of his frontbench yesterday, delegating ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
Senator Andrew Bragg has called for another Financial System Inquiry (FSI) to address "structural problems" in the twin peaks of financial sector regulation, ASIC and APRA. In his speech to the Financial Services Council (FSC), Bragg argued that "clear ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
Senator Andrew Bragg has slammed industry super funds, accusing them of channelling $40 million to unions and Industry Super Australia (ISA). Scrutinising mandatory disclosures, Bragg pointed out that AustralianSuper, Cbus, HESTA, Hostplus, TWUSUPER ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
Senator Andrew Bragg has called for new reforms aimed at safeguarding retail investors as superannuation funds increase their ownership stakes in Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... draft legislation so real reforms are implemented as soon as possible," Abood said. New South Wales Liberal senator Andrew Bragg noted that the draft bill is missing the "serious recommendations" with Labor not communicating if they intend to legislate ...

Cbus scolded over 'most galling conflict' in super

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
Senator Andrew Bragg has criticised "howling conflicts" between the government and super funds, spotlighting Wayne Swan's dual roles as Labor Party president and Cbus chair. Bragg highlighted newly released Freedom of Information documents that ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... benefits touted in Schedule 5 of the proposed bill, critics have harboured concerns of unintended consequences. Senator Andrew Bragg raised the alarm over how the proposed changes might damage investment levels in Australia. "The proposal is bad for ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
... money to the fund's members as well as the general appropriateness of these payments. In questioning Cole, Senator Andrew Bragg alluded to a specific instance involving a $2.5 million payment form a "relatively small" super fund to the CFMEU. However ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
Crypto regulation in Australia has taken a giant leap, with Senator Andrew Bragg unveiling the Digital Assets (Market Regulation) Bill 2023. The Digital Assets Bill 2023 aims to transform Australia's digital asset landscape by implementing a robust ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... capital raisings, without "significantly changing" the entity's financial position. However, Liberal senator Andrew Bragg said the Bill is a "dangerous" and "underhanded" measure to stop the payment of franked dividends in Australia. "If legislated ...
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