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Showing 1 - 10 of 14 results for "Liberal MP Tim Wilson"

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
The House of Representatives committee looking into common ownership of ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison. Yesterday, Australian Council of Superannuation Investors (ACSI) ...

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 ...

Super, ASIC beneficiaries of advice challenges: Hearing

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... Harrison answered: "Yes, they would definitely be beneficiaries." His response prompted committee chair and Liberal MP Tim Wilson to remark: "It's funny how these things always end up with regulators and super funds winning, isn't it Mr Falinski?" ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... 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 salaries ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... 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 MySuper option ...

What COVID-19 did to super brand

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... to educate the public on why super is needed and why its safety is under attack. While Madigan did name Liberal MP Tim Wilson as someone attacking super, and especially industry super, she said it was essential that the discussion does not become an ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
Industry Super Australia says recent comments by Liberal MP Tim Wilson that "big super" is locking young Aussies out of the housing market are "scary". Wilson said the fact that first home buyers are unable to access their retirement savings to go towards ...

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
... the legislated increase to 12% optional. The story was based off information from an anonymous source, but Liberal MP Tim Wilson took to Twitter to anticipate any backlash the idea might receive. "Just wait for the shrill outrage that workers dare keep ...

Super fund execs accused of quasi-insider trading

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
Liberal MP Tim Wilson has accused executives at super funds of switching options during recent market volatility, in behaviour he likened to insider trading. During questioning of ASIC and APRA at the Standing Committee on Economics, Wilson suggested ...

ME Bank chief resigns

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... of June, McPhee appeared before the Standing Committee on Economics where he faced tough questioning from Liberal MP Tim Wilson over the bank's handling of the adjustment of redraw balances for some mortgage customers. Earlier in the year, Wilson ...
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