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Showing 1 - 10 of 29 results for "Senate Economics Legislation Committee"

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
The Australian Tax Office announced it will not pursue businesses that took advantage of JobKeeper despite raking in large profits, nor will it ask small businesses to repay $180 million claimed in error. The ATO revealed that over one million businesses ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... is likely to be significant... A profit-to-member fund estimated in a submission to the Senate Economics Legislation Committee that the cost of organising and hosting an electronic annual member meeting for nearly two million members may be up to $5.9 ...

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... week, as superannuation funds await specifics ahead of the proposed July 1 start date. The senate economics legislation committee, chaired by Liberal senator Slade Brockman, was tasked with producing the report on February 18. The due date was set for ...

ATO quizzed on readiness for stapling

KANIKA SOOD  |  FRIDAY, 9 APR 2021
... checks it expects, but maintained its readiness for a July 1 go-live. Appearing before the Senate Economics Legislation Committee yesterday, ATO assistant commissioner Larissa Evans said the manual checks with ATO for an employee's old account would ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... list to be embedded in the pending Your Future Your Super bill. He told yesterday's Senate Economics Legislation Committee discussing the new legislation that members must be protected from being stapled to underperforming funds. He is not confident ...

Mercer calls for delay to super reforms

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
Appearing before the Senate Economics Legislation Committee this morning, Mercer implored the government to consider a delay to the implementation of the super fund stapling mechanism slated to come into effect from July 1. In opening, Mercer senior ...

Sunsuper Labor donations rile Bragg

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
... Party has come under intense scrutiny in a Senate committee hearing. Appearing before the Senate Economics Legislation Committee, APRA deputy chair Helen Rowell was grilled by Liberal Senator Andrew Bragg over the prudential regulator's lack of opinion ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... implement the changes and communicate with members. The reprieve is five months more than the Senate Economics Legislation Committee recommended in its inquiry into the bill, which called for a delay from 1 October 2019 to December 1. Hume said the changes ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
The Senate Economics Legislation Committee has recommended MPs waive the Government's member interests superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF) ...

Super body opposes member interests bill

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
The Government's move to reintroduce its member interests superannuation reforms continues to rile pockets of the super sector. The national advocacy group for women employed in superannuation and financial services, Women in Super (WIS), has condemned ...
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