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Showing 1 - 10 of 765 results for "Senate"

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... strongly for the ASIC levy to be reduced, along with more transparency on how these costs are arrived at." A report by the Senate Economics References Committee on ASIC's investigation and enforcement released last week called for a review of how the ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
The Senate committee tasked with assessing the capabilities of ASIC says the government should recognise the regulator has "comprehensively failed to fulfil its regulatory remit", calling for a complete overhaul of its structure, powers and how it's ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate Economics Legislation Committee, led by chair senator Jess Walsh, tabled its final report today. The bill, Treasury Laws Amendment ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... conceded people aged over-65 are spending more, having "made bank" on the back of increased interest rates. Appearing at the Senate Economics Legislation Committee this morning, RBA governor Michele Bullock said the nominal data provided to the central ...

The unintended consequences of the four-day work week

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... and heightened stress levels that potentially cause burnout. Last year, Labor and Greens backed a recommendation by the Senate work and care committee to trial a four-day work week at full pay. In 2022, UK fund manager Stellar Asset Management trialled ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
The Senate Economics Committee has handed down its Interim Report into existing and proposed super for housing policies. Chair of the Senate Economics Committee Senator Andrew Bragg said the Inquiry was recalibrated to assess how policy could improve ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... year, but only if it wins the next federal election in 2025. According to Larissa Waters, the leader of the Greens in the senate and spokesperson on women, it's outrageous to make women wait until after the next election. "Labor still haven't come up ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... property prices rise by nearly $75,000 across Australia's five largest capital cities. The analysis from SMC comes as the Senate economics committee prepares for a hearing into consumer experiences and choices in the retirement system, which will ...

New campaign pushes for reproductive leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... Queensland Unions launches a campaign pushing for new entitlements including preventative health leave. It comes as the Senate investigates issues related to menopause and perimenopause. The Queensland Council of Unions has kicked off a campaign calling ...
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