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Showing 1 - 10 of 170 results for "Labor party"

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... Illawarra and the Southern Highlands. In a statement, he expressed "immense gratitude" to his community and members of the Labor Party, "whose values I hold dear." Jones also thanked Prime Minister Anthony Albanese for his support, as well as his family ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... will be shelved when they go into 'caretaker mode'." Ali also said there are fears around the alliance between the Labor party and the Greens, who want even more taxes applied to retirement savings. "My hope is if the Labor party do form minority government ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... legislative piece may be delayed until after the federal election," he said. "And there is every chance the Australian Labor Party may lose, given the government's unpopularity and the fact incumbents worldwide have been punished by their constituents. ...

Morningstar flags governance issues, leadership turnover at Cbus

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... its union representation; however, with the current and former chairs of the board also connected to the Australian Labor Party, increased independence would be welcomed," Morningstar said. "These concerns also extend to the appropriateness of union ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... Health Fund. Battams is also the current chair and managing director of Labor Holdings, an investment vehicle of the Labor Party, and president of the party's Queensland branch. As for super fund experience, he previously spent more than a decade on ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
APRA has imposed additional licence conditions on Cbus and BUSSQ over governance concerns in the wake of the CFMEU scandal. The prudential regulator's additional licence conditions stipulate that Cbus' trustee, United Super, and BUSSQ bring ...

Vision Super chair departs

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... Super's decision to merge with Active Super, a process that has been ongoing since June 2022. A member of the Australian Labor Party, she is stepping away from the fund following being selected to replace Linda White as a Senator for Victoria. White ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... intention, there's a worrying trend where large superannuation entities, purportedly influenced by unions and the Labor Party, misuse funds for non-beneficial purposes such as propaganda campaigns and substantial payments to unions, Bragg said. The BFID ...

Cbus scolded over 'most galling conflict' in super

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... criticised "howling conflicts" between the government and super funds, spotlighting Wayne Swan's dual roles as Labor Party president and Cbus chair. Bragg highlighted newly released Freedom of Information documents that indicated Cbus has been lobbying ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Cost of living pressures and the transition to clean energy took centre stage on federal budget night as the Labor Party unveiled a package of measures in response to mounting economic uncertainties. Federal treasurer Jim Chalmers delivered the 2023-24 ...
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