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Showing 1 - 10 of 21 results for "Nick Xenophon"

Government superannuation reforms shelved

EMMA RAPAPORT  |  TUESDAY, 5 DEC 2017
... appointment of independent directors to industry fund boards. They were put on hold after Senator Patrick and the Nick Xenophon Team withdrew their support, citing the exclusion of "choice" funds from the legislation. "We hold real concerns about the ...

Superannuation gets another makeover

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
... saying these members have not been considered. Earlier this week, the AIST backed legislation introduced by the Nick Xenophon team which proposed the removal of the $450 monthly income threshold for employer superannuation payments. FSC chief executive ...

Xenophon team introduce unpaid super Bill

KARREN VERGARA  |  MONDAY, 11 SEP 2017
... has been introduced in Parliament. Rebekha Sharkie, federal member for Mayo, South Australia and a member of the Nick Xenophon Team, introduced the Private Member's Bill to the House of Representatives today. Sharkie said it aims to address the shortcomings ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... Representatives yesterday. The Bill, which successfully passed the Senate with the backing of Labor, One Nation, the Nick Xenophon Team, and Senators Lambie, Hinch and Williams, was later defeated in the House of Representatives after Foreign Minister ...

Australian elections just gave uncertainty a top up

BENJAMIN ONG  |  MONDAY, 4 JUL 2016
... old, elitist and out of touch dominant political parties and systems. This is highlighted by wins by independent Nick Xenophon's Team (expected to gain three seats in the Senate and two in the Lower House) and the return of xenophobic Pauline Hanson ...

Governance bill loses Senators' support

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
... crossbench votes to see the proposed legislation pass but Senators Jacqui Lambie, Glenn Lazarus, John Madigan and Nick Xenophon have agreed on a final-minute alternative deal. The final legislative vote is expected later today or later this week. Both ...

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
Senators Jacqui Lambie, Glenn Lazarus, Ricky Muir and Nick Xenophon have called on the government and opposition to back legislation to broaden access to the Pension Loan Scheme (PLS). The PLS, established by the Hawke government in 1983, is a reverse ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory financial advice victim insurance scheme at the Senate Economics References Committee's ...

NAB to take "leading role" in advice remediation

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... victims of poor financial advice. NAB advice client Veronica Coulston was raised as a specific example by Senator Nick Xenophon, who said that she had been "short-changed" by NAB's compensation process. Thorburn said that NAB would be "revisiting" Coulston's ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... trying to find our way. Well, I found my way now," she told reporters in Canberra. Two other senators - independents Nick Xenophon and John Madigan - also backed the move. Senator Xenophon said the government changes were unambiguously bad for consumers ...
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