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Showing 1 - 10 of 1269 results for "Labor"

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
... criticised Labor's "low ambition" to fixing the housing crisis. "... by grandfathering in wealthy property investor tax perks Labor has once again chosen to put the 1% over the millions of people trying to buy their first home," Waters said. "Backing ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... businesses will get concessions and carve-outs, so we consider that to be a finished piece of work," he said. On Budget night, Labor proposed replacing the 50% CGT discount with inflation-adjusted indexation to take back the CGT discount to the pre-1999 ...

Proposed CGT reforms could upend HNW low advice demand

KARREN VERGARA  |  FRIDAY, 22 MAY 2026
The high-net-worth (HNW) population's vast pool of wealth estimated to be worth a whopping $4.4 trillion, yet only one quarter employ the services of a financial adviser, new research finds, but Labor's proposed tax reforms could change this. ...

Treasury opens CSLR funding, sustainability consultation

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
Treasury has opened its long-awaited consultation on the sustainability of the Compensation Scheme of Last Resort (CSLR) and the best way for the industry to fund it. Minister for financial services Daniel Mulino is seeking options on how the CSLR can ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
When Melinda Kee was sick with COVID-19, she took respite for one week. Kee saw it as an opportunity to tick off some personal administration she'd been meaning to get to, such as changing her pet and health insurance, and electricity and gas providers. ...

Senate report provides fuel for CGT discount tweak

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
... toying with the idea of reducing the discount for some time; it, along with removing negative gearing, was a commitment the Labor party took to the 2019 election. Independent MP Allegra Spender released a whitepaper this month which called for the CGT ...

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
... "Let's face it, because this legislation... is simply a tax. It's just more tax, and that seems to be the solution that Labor has to every single problem." She added that the Coalition tried to make the system "fairer and stronger" when they ...

Chalmers releases retirement phase reforms

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
... quality retirement outcomes after a lifetime of saving, consistent with the objective of superannuation," Chalmers said. "Labor built the superannuation system, and these reforms build on our work making the system stronger, fairer and more sustainab ...

OneVue adviser exits dents Praemium's FUA

KARREN VERGARA  |  MONDAY, 23 FEB 2026
Praemium has lost $827 million in gross outflows mostly related to financial advisers from OneVue exiting after it finalised the acquisition of the platform last December. The group reported a total of $70.5 billion in funds under administration (FUA) ...

Opposition leader unveils fresh shadow cabinet

RIDDHIMA TALWANI  |  WEDNESDAY, 18 FEB 2026
... handling of the issue. Senator Claire Chandler has been appointed as shadow finance minister. "Senator Chandler will hold Labor to account for its budget blowouts and skyrocketing debts," Taylor said. Meantime, former financial services minister Senator ...
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