Search ResultsShowing 1 - 10 of 100+ results for "Labor"
What's next for income-focused funds
KANIKA SOOD  |  THURSDAY, 9 APR 2020
... distributed about 9% in income last year, buoyed by companies flushing out larger dividends before the federal election where Labor wanted to cut back on franking dividends. "Reality is [funds] won't provide as much income as last year but yields ...
Trillion dollar stimulus debt debated
ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... more than 200,000 JobSeeker claims, for those left unemployed by the crisis, have been finalised over the past two weeks. Labor leader Anthony Albanese said his party would not block the stimulus package but noted that the Treasurer has the power to ...
US faces deepest recession on record
ALLY SELBY  |  FRIDAY, 3 APR 2020
... 6.65 million people filed for unemployment in the US this week, in the highest level of claims received by the country's Labor Department in its history. It brings the total number of people that have filed for unemployment in the US to just shy of 10 ...
Chief economist update: Honey, COVID-19 got me sacked
BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... by comparing the projection against the trend in initial claims back to 1967". This is around a million more than the US Labor Department's official estimate of 3.3 million - released overnight - but still "dwarf every other week in history ... back ...
Early release to bite retirement hard
KANIKA SOOD  |  TUESDAY, 24 MAR 2020
... and the Financial Services Council . However, it has also been panned by others including Industry Super Australia and Labor who have argued dipping into superannuation should not be the first solution but the last resort. ISA's modelling says a ...
FPA advocates for reduced pension minimums
HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... with the retirement income review panel. De Gori's letter calls on the government to mirror the decision of the Rudd Labor government as it dealt with the fallout of the Global Financial Crisis in 2008 to reduce the minimum annual payment amount ...
Sunsuper Labor donations rile Bragg
HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
A Sunsuper donation of $11,000 to the Australian Labor Party has come under intense scrutiny in a Senate committee hearing. Appearing before the Senate Economics Legislation Committee, APRA deputy chair Helen Rowell was grilled by Liberal Senator Andrew ...
SG amnesty bill finally passes
HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... (Recovering Unpaid Superannuation) Bill 2019 yesterday survived a late amendment squabble between the government and the Labor opposition to finally make its way through the parliament. The bill incentivises employers with a history of superannuation ...
Labor stands by super
HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
... system, labelling those questioning the legislated rise in the superannuation guarantee an "unholy coalition". Albanese said Labor's retirement income track record "speaks for itself", but noted the system needed improvement, pointing to difficulties ...
FASEA extension passes
ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... policy team was in Canberra today - and I am pleased to confirm the bill passed the House and this included support from Labor - meaning the bill should hopefully pass through the Senate without any amendments." There was some confusion previously about ...
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