Bill Shorten

Policy and Regulation

AIST and Mercer create super think-tank

The much mooted idea of a government funded policy advice research institute for superannuation has been pre-empted by a partnership between the Australian Institute of Superannuation Trustees and Mercer. Dubbed the AIST-Mercer Super Tracker, the body will publish yearly updates on the relative fairness of tax concessions on superannuation for high and low income earners […]
Investment Strategy

Financial services role split in cabinet reshuffle

The government’s decision to rejig the financial services and superannuation portfolio handled by Bill Shorten has been criticised by the opposition, which claims breaking up the role downgrades its importance. In a recent cabinet reshuffle, Chris Bowen was confirmed as treasurer with David Bradbury named assistant treasurer and, among other portfolios, “minister assisting for financial […]
Opinion

Chris Cuffe on the custodian council

The chair of UniSuper, Chris Cuffe, says Labor’s proposed custodian council should be an experienced, independent group with a long-term focus, the members of which should have no commercial interest in the superannuation industry. Cuffe commended the proposals recently announced by Bill Shorten, minister for superannuation and financial services, but said the concept could be enhanced, […]
Policy and Regulation

Opposition to delay SG rise

The Coalition has said it will delay the increase of the super guarantee from 9 per cent to 12 per cent if it wins the September federal election. “The measured change we announced last night helps us fund income tax cuts and pension increases without a carbon tax, which will leave most people better off […]
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