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Search ResultsShowing 1 - 10 of 100+ results for "Parliament"
Cost of advice soars as red tape grows
ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... of the cost or the complexity of getting that advice. Without the government's focus on this critical issue and the parliament's support, we will resign ourselves to a future in which only the wealthy can afford to access financial advice," De Gori said. ...
Proposed changes ahead for APRA's heatmaps
ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... Helen Rowell said the 'Your Future, Your Super' reforms are aligned with APRA's agenda. "If passed by the parliament, the 'Your Future, Your Super' package will shine a brighter light on fund performance and trustees' expenditure ...
Chief economist update: Winter of Europe's discontent
BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... restaurants in the Paris region on Monday, if numbers continue to rise. Italian Prime Minister Conte said he will ask parliament to extend the country's state of emergency to the end of January, as the government tries to avoid the surge in cases ...
Super fund overhauls performance on red rating
KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... gains where we get them. We've reviewed that and adjusted it slightly, going forward," he explained. Member of Parliament Daniel Mulino asked Mitchell if he thinks the fund is better suited to the "market troubles" the world is facing at the moment. ...
Chief economist update: Prime Minister Suga
BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
Japan has a new prime minister. Yoshihide Suga is his name. Suga will officially be Prime Minister following a parliamentary vote on September 16 after being elected President of the ruling Liberal Democratic Party (LDP) two days earlier. Prime Minister ...
Super funds to face parliamentary grilling
ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
Some of the country's biggest super funds are set to face parliamentary scrutiny tomorrow as part of the House of Representatives Standing Committee on Economics ongoing review. Hostplus, AMP and Cbus are three of the big names set to front the committee ...
Former QSuper chief joins NZ Super Fund board
KANIKA SOOD  |  TUESDAY, 8 SEP 2020
... independently of the NZ Super board. The minister then consults with representative of other political parties in the Parliament before recommending a person to the governor-general, who makes the appointment. Board members are paid NZ$49,000 a year ...
JobKeeper extension passed
ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The government's JobKeeper extension has been passed through parliament, prolonging the payments through till March 2021 and tapering the amount from December 2020. A new split system will replace the flat $1500 fortnightly payment with those who work ...
Banks to be questioned on COVID-19 response
ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... Committee to discuss their response to the COVID-19 pandemic. Committee chair Tim Wilson said the hearings are part of the parliament's role in publicly scrutinising and holding Australia's four major banks to account. "The Economics Committee and I ...
Labor says yes, economists say no to SG rise
ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... destroy what he built. "The parliamentarians are paying themselves 15 .6%, so ordinary working people get 9.5%. The parliament said in legislation you can have 12% over five years and the liberal party is saying that's too good for [the average Australian]," ...
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