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Showing 1 - 10 of 24 results for %22Federal Shadow Treasurer Chris Bowen%22

Don't expect super favouritism: Bowen

HARRISON WORLEY  |  MONDAY, 1 APR 2019
If Labor wins the upcoming Federal Election, don't expect the new Treasurer to go easy on underperforming funds - industry or otherwise. Speaking at an FSC BT Political Series lunch at Doltone House in Sydney last week, Shadow Treasurer Chris Bowen ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
... The Labor Party will look to ban the payment of grandfathered commissions by January 2020 if successful at the upcoming Federal election. Responding to the final report, Shadow Treasurer Chris Bowen said the party has already tabled a bill to end the ...

Labor pledges tougher unpaid super penalties

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... Act, which give employees the power to recoup unpaid superannuation from employers and possibly take the matter to the Federal Court. Opposition Leader Bill Shorten announced the proposals on Twitter, stating the ALP will "make universal superannuation ...

Government names new ASIC chair

ALEX BURKE  |  TUESDAY, 17 OCT 2017
The Federal Government has named the new ASIC chair to succeed Greg Medcraft, this time with Labor's approval. Starting in February, James Shipton will take on the role for a five-year term. Shipton is currently executive director of Harvard Law School's ...

Labor rejects ASIC chair nominee

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
... from O'Sullivan being a Liberal Party member in the Prime Minister's electorate as well as a president of the Wentworth federal electoral conference. "Australia has well-respected economic regulators based on a tradition of non-partisan appointments. ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... contributions caps through the use of limited recourse borrowing arrangements under new Budget measures. Announced in the Federal Budget this week, from 1 July 2017, the outstanding balance of a limited recourse borrowing arrangement (LBRA) will now ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
... superannuation policies right, proving they cannot be trusted with more than $2.1 trillion in assets, according to the Federal Opposition. Shadow Treasurer Chris Bowen and Shadow Revenue and Financial Services Minister Katy Gallagher said in a joint ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... superannuation funds will be banned from direct borrowing under an expanded housing affordability policy unveiled by the Federal Opposition today. Speaking to media this morning, Shadow Treasurer Chris Bowen said the policy will target a $24 billion ...

Access to super for housing is still bad policy

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
... government's plan is being considered as part of a wider housing affordability strategy set to be unveiled in the May federal budget.

Labor blindsides super legislation

DARREN SNYDER  |  WEDNESDAY, 9 NOV 2016
The Federal Government's position on superannuation will be reaffirmed today as three pieces of legislation are introduced to parliament, all despite Labor's attempts to blindside the occasion. The legislation stems from this year's Budget announcements ...
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