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Showing 1 - 10 of 100+ results for "Liberal"

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... act in unison. Yesterday, Australian Council of Superannuation Investors (ACSI) chief executive Louise Davidson answered Liberal MP Tim Wilson's questions on common ownership. As ACSI provides proxy voting services and research to its super fund ...

Tim Wilson grills NAB on super ownership

ELIZABETH MCARTHUR  |  THURSDAY, 9 SEP 2021
Liberal MP Tim Wilson has grilled National Australia Bank chief executive Ross McEwan on whether super funds have undue influence over Australian banks, as funds own larger portions of the ASX. Wilson asked NAB whether super funds, as shareholders ...

Bragg renews calls for Future Fund to manage super

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
Liberal senator Andrew Bragg has launched a short paper to push for the sovereign wealth fund to manage all superannuation unless a worker opts out. The 20-page widely spaced paper titled Competition for Workers' Superannuation characterises the current ...

New shareholder at Crescent Wealth

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
... left the shareholder register. On the board Shahin joins chair Dianne Yerbury, deputy chair Nicholas Whitlam and former Liberal Party leader John Hewson. "Support from Mr Shahin will provide us with a further boost as we work to provide all Australians ...

IFM blames "unfounded" class action for Tandem worries

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... significant distress, they didn't withdraw their action." However, he refused to be drawn into questions from the Liberal MPs as to whether the case warranted a closer scrutiny of class action legislation. "...I was wondering though, in all of that ...

Super, ASIC beneficiaries of advice challenges: Hearing

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... Appearing before the Standing Committee on Economics on Thursday afternoon, Synchron chair Michael Harrison was asked by Liberal MP Jason Falinski who benefits from Australians being unable to access advice. In response, Harrison said "the biggest beneficiary ...

Hostplus deal doesn't rule out a merger: Maritime

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... billion Maritime Super announced an "asset-pooling partnership" to be in place from May 1. The arrangement was questioned by Liberal senator Andrew Bragg as a "quasi-merger" in a letter to APRA. "All we've done is buy units into the Hostplus pooled ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... sure we are competitive, that we are able to attract, retain and motivate staff," Stewart said. However, committee chair Liberal MP Tim Wilson was not totally satisfied with the explanation. "The bonuses that you're being paid are more than the entire ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... AustralianSuper chief executive Ian Silk and Cbus chief executive Justin Arter appeared before the committee, chaired by Liberal MP Tim Wilson today. The funds both reported record returns for the 2021 financial year, with Cbus returning 19.34% in its ...

Your Future, Your Super passes

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
... Deborah O'Neill passionately opposed the reforms this morning. "How could it be that someone who calls themselves a Liberal could vote for this bill, could bring into this chamber a bill, which contains in it a provision to enable the Australian ...
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