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Showing 1 - 10 of 141 results for "Labor government"

Labor moves to kill non-compete clauses in productivity push

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
The Labor government has put forward a draft bill to ban non-compete clauses for employees whose earnings are equal to or less than the high-income threshold, in a bid to promote productivity and competition in the broader economy. The bill also bans ...

Teen workers to miss out on $411m in FY27: SMC

MATTHEW WAI  |  TUESDAY, 4 AUG 2026
... simplify super obligations for employers by giving workers of all ages the same super entitlement, she added. The Labor government has recently pledged its commitment to compulsory super for under-18 workers, which was well-received by the industry including ...

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
... reforms that were introduced by the Coalition had anything to do with tax... Yet that was the first thing that this Labor government did when it came to office," Hume said. Liberal senator for Western Australia Dean Smith echoed Hume's statement, noting ...

Sovereign funds, instos raise $217m for Qld space tech developer

MATTHEW WAI  |  WEDNESDAY, 21 JAN 2026
A group of institutional investors, including various super funds, and the National Reconstruction Fund Corporation (NRFC), Australia's sovereign investor in manufacturing capability, have formed a conglomerate to raise more than $217 million for ...

Unemployment falls, more women enter the workforce

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
... finally coming down - thanks to the collective efforts of working people, their unions and reforms by the federal Labor government," ACTU president Michele O'Neil said. "The level of women in work is now also at its highest level ever, at 63.5%. "Collective ...

Australian Ethical, CEFC pour $30m into climate tech venture

MATTHEW WAI  |  TUESDAY, 17 JUN 2025
... technologies. Despite volatility coming from US President Donald Trump's administration, CTP said the re-elected Labor government has embedded certainty in its policy to provide greater guarantees and long-term focus for the cleantech sector. Globally ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... the Division 296 superannuation tax. The super tax has received mixed opinions since its announcement, but the Labor government has insisted on proceeding with the bill to impose an additional 15% on super balances that exceed $3 million. ASA chief executive ...

Treasury welcomes new leader

MATTHEW WAI  |  WEDNESDAY, 11 JUN 2025
... to COVID-19 and the implementation of JobKeeper, as well as the preparation of the past four budgets under the Labor government. "Jenny is one of Australia's most distinguished and experienced economists and public servants and has served with distinction ...

Coalition names shadow treasurer, financial services minister

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... Coalition back to a position of unity and said the focus is now on Anthony Albanese. Littleproud said holding the Labor government to account is important to democracy, adding that "we've laid the foundation stones of a Coalition that can move forward..." ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
Treasurer Jim Chalmers is remaining steadfast that the Labor government will legislate the 30% tax rate on superannuation balances over $3 million. "We've made that clear that we haven't changed our policy. We announced that policy more than ...
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