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Showing 1 - 10 of 75 results for "Budget submission"

Australians lose $13.5bn by delaying retirement switch: HESTA

RIDDHIMA TALWANI  |  TUESDAY, 31 MAR 2026
... on their circumstances, compared to those who delay by four years, the whitepaper found. In its 2026-27 pre-budget submission, HESTA has called for funds to be given the ability to actively prompt members to transition to appropriate specific fund retirement ...

Cbus calls for tax reform on TPD payouts in pre-Budget submission

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
Cbus has used its pre-Budget submission to call for clearer, fairer tax settings on total and permanent disability (TPD) insurance payouts for members under 60 years of age. Cbus said such reforms could save workers and their families thousands of dollars ...

HESTA urges government to modernise Australian retirement system

RIDDHIMA TALWANI  |  MONDAY, 16 FEB 2026
... government to modernise the super system, to better cater to members in the retirement phase. In its 2026-27 pre-budget submission, HESTA called for funds to be given the ability to actively prompt members to transition to appropriate specific fund retirement ...

AustralianSuper calls for reform in pre-Budget submission

ELIZA BAVIN  |  MONDAY, 16 FEB 2026
... Budget, which is set to be delivered in May. AustralianSuper head of corporate affairs Steve McMillan said the pre-Budget submission "focuses on reforms that will enhance the retirement process and deliver better outcomes so more Australians can live ...

Advisers need more support: FAAA submission

ANGELIQUE MINAS  |  THURSDAY, 5 FEB 2026
In a pre-Budget submission, the Financial Advice Association Australia (FAAA) has proposed five key recommendations to increase the number of advisers and cut through regulatory red tape, while supporting consumer protections. The FAAA urged the federal ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
... the upcoming Federal Budget following the collapses of the Shield and First Guardian Master Funds. SMC's pre-budget submission said high-risk products like Shield and First Guardian have shown the need for urgent reforms to prevent such disasters from ...

Chartered accountants should be allowed to provide advice: CA ANZ

MATTHEW WAI  |  MONDAY, 2 FEB 2026
In its pre-budget submission, Chartered Accountants ANZ (CA ANZ) has urged the government to lift additional licensing requirements for chartered accountants to assist in providing retirement advice. The submission highlighted the need to create new ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... aren't penalised simply because super contributions are rising as intended," Walker said. In its 2025-26 pre-budget submission, Cbus argued that raising the LISTO threshold, permanently aligning it with the lowest tax bracket, and increasing the ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... and compliance costs - and likely left at a competitive disadvantage that could drag on returns. In its pre-budget submission, AustralianSuper argued that the current tax system framework is weighing on the industry, creating uncertainty and tilting ...

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
The Senate Economics Committee Inquiry into Wealth Management Companies (CSLR and Dixon Advisory) has been deferred from March 27 to July 28 - pushing back the inquiry by four months. Parliament returned this week, and the Senate approved the deferral ...
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