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Showing 1 - 10 of 16 results for "Senate report"

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

Senate report provides fuel for CGT discount tweak

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
A Senate inquiry into the operation of the capital gains tax discount concluded the concession does skew ownership away from owner-occupiers and impacts wealth and intergenerational inequality. The Select Committee on the Operation of the Capital Gains ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... superannuation fund boards." Meanwhile, Super Members Council chief executive Misha Schubert also spoke out against the Senate report saying the super lobby group does not support proposals that would "undermine or dismantle" a super system that has ...

Senate report labels PwC breach calculated, deliberate

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
Despite the inquiry continuing, a Senate committee has concluded that PwC deliberately covered up the actions of its staff and the plans to monetise the confidential information at the heart of its tax leaks scandal. A report published by the committee ...

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... spend 12 years less in the full-time workforce than men which has a dramatic impact on their super balance. A 2016 Senate report also exposed that one in three women retire with no super balance at all. On the current inequalities, Brumby concluded ...

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
The senate economic committee's report on Your Future, Your Super reforms has been delayed by a week, as superannuation funds await specifics ahead of the proposed July 1 start date. The senate economics legislation committee, chaired by Liberal senator ...

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
... of up to $500 a year on their super contributions from July next year with the abolition of the LISC. On Friday a Senate report looking into economic security for women in retirement recommended the federal government retain the LISC beyond 2017, and ...

Goldman ordered to pay $100m to NAB

STAFF WRITER  |  TUESDAY, 12 MAY 2015
... invested $80 million in a Goldman collateralised-debt obligation called Hudson Mezzanine Funding 2006-1. A 2011 US Senate report later found that while Goldman was pitching Hudson securities to investors, it was also betting against their value. NAB ...

Government still mulling response on Senate report

LAURA MILLAN AND AAP  |  THURSDAY, 3 JUL 2014
The government will monitor the implementation of Commonwealth Bank's (CBA) Open Advice Review program announced today while it works on its response to the Senate Economics Committee report. Finance Minister Mathias Cormann said that it was "appropriate ...

CBA boss to be grilled on Senate report

AAP  |  THURSDAY, 3 JUL 2014
... its financial advisers. Narev will face a media conference in Sydney at 1045 AEST on Thursday, a week after the Senate report slammed the bank and corporate regulator over their response to claims of fraud and misconduct by some CBA financial planners. ...
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