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Search ResultsShowing 1 - 10 of 100+ results for "ISA"
Industry super pours $19.5bn into Australian recovery
ALLY SELBY  |  TUESDAY, 30 JUN 2020
... billion over the coming three years in construction and infrastructure projects; in a move that Industry Super Australia (ISA) chair Greg Combet says will help rebuild the Australian economy. The multi-billion capital expenditure was identified by a ...
ISA responds to calls for SG freeze
JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
... scrapped completely. Backbench coalition MPs have called for the legislated increase to the SG to be scrapped or frozen - a move ISA says would see a couple on average wages lose between $150,000 to $200,000 in retirement. "These MPs are out of touch ...
ATO cracks down on ERS misuse
ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... those misusing the Early Release of Superannuation scheme in a move that has been welcomed by the Industry Super Australia (ISA). The ATO said it is beefing up enforcement efforts saying it is prepared to take enforcement action where individuals have ...
ISA plays devil's advocate on SG
HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... increase in mandated savings may be shared between both employers and workers. A piece of internal analysis put together by ISA senior analyst Bruce Bastian shows that the cost of increasing the superannuation guarantee may be borne at least in some ...
Labor calls for end to war on super
HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... pedaled "some of the most radical and baseless super theories going round", in comments provided to Financial Standard by ISA, and also published in the Sydney Morning Herald . "His ideas, which he has been spruiking for many years, would turn super ...
ISA questioned over political donations
ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... Representatives standing committee on economics, Dean was questioned by Tim Wilson over whether political donations made by ISA or its member funds could possibly pass the sole purpose test. Dean was adamant that ISA does not make political donations. ...
Few funds immune to ERS
ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... the House of Representatives standing committee on economics about low balance members accessing early release. Dean said ISA research had found about 5% of early release claims left account balances at $0 and it expects that number to go up as the scheme ...
ME Bank pays industry funds no dividends
ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... the previous hearing of the committee, Wilson had also asked Industry Super Australia chief executive Bernie Dean whether ISA employs Beck. "Tony works very closely with the Australian Banking Association," McPhee said. "I represent ME Bank to the ABA ...
Industry funds revise ERS modelling
HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... question on notice reveals. ASIC was asked by Liberal Senator and Committee chair James Paterson what action it had taken on ISA's decision to use nominal rather than real figures in projecting the impact of the policy on member's retirement balances ...
ISA, ME Bank issued please explain
ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... Representatives Standing Committee on Economics on Thursday for an urgent hearing. The call for explanations from the bank and ISA comes following news that ME Bank, which is owned by 26 industry super funds, had slashed redraw balances on some legacy ...
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