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Showing 1 - 10 of 24 results for "Senate Economics References Committee"

Salary sacrifice loophole bill insufficient: ISA

KRISTI CHENG  |  MONDAY, 19 AUG 2019
... SG Scheme operates largely without the intervention of the ATO". ISA recommended that the Senate Economics References Committee support Schedule 7 of the bill, so long as "all enhanced employer payroll and Superstream systems can run by 1 July 2020 ...

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
... calls from the Productivity Commission, the Australian Institute of Company Directors, the Senate Economics References Committee, the Phoenix Research Team and the Australian Restructuring Insolvency & Turnaround Association to detect, disrupt and deter ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
... proactive practices significantly contributed to the fiscal impact of SG non-payment, the Senate economics references committee said, resulting in the loss of government revenue and increased reliance on the Age Pension. During the five-month long inquiry ...

Labor renews calls for banking Royal Commission

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
Senate Economics References Committee chairman Chris Ketter has justified Labor's calls for a Royal Commission into the banking and financial services sector, citing a flood of angry consumer complaints. In a submission to the Senate Inquiry into Consumer ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
... and pointed out that the ATO had not offered an alternative estimate. The inquiry by the Senate Economics References Committee follows revelations late last year that 2.4 million Australians were being shortchanged by rogue employers who were holding ...

Nationals senator not giving up on life insurance investigation

ALEX BURKE  |  TUESDAY, 12 JUL 2016
... ultimately looks like after a hotly-contested election, he will prioritise continuing the Senate Economics References Committee's life insurance industry investigation. Speaking to Financial Standard, Williams said: "I'm very concerned about life insurance. ...

Narev defends CommInsure record, wrote to five customers

ALEX BURKE  |  THURSDAY, 28 APR 2016
... noting he wrote to five affected customers recently. Referencing CBA's submission to the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, Narev said in the letter that "some of the criticism of the industry, and our life ...

FPA supports "bitter harvest" recommendations

ALEX BURKE  |  FRIDAY, 18 MAR 2016
The Financial Planning Association has come out in support of the Senate Economics References Committee's recommendations for stronger ASIC penalties and redefining the term "general advice". FPA chief executive Dante De Gori said that the FPA "recognises ...

Senate recommends immediate adviser bans following "bitter harvest"

ALEX BURKE  |  TUESDAY, 15 MAR 2016
The Senate Economics References Committee has recommended legislative amendments which would allow ASIC to immediately suspend a financial adviser if "egregious misconduct" is suspected. Released today, the committee's report on the agribusiness managed ...

ACSI calls for better company disclosure

DARREN SNYDER  |  TUESDAY, 25 AUG 2015
... "an unacceptably low base". The comments formed part of ACSI's recent submission to the Senate Economics References Committee inquiry in to foreign bribery. ACSI recommends the government harmonises Australia's legal and enforcement framework for foreign ...
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