Coalition

Opinion

How the Coalition can win on superannuation

The only certainty in the discussion on superannuation board standards is that all sides agree there are some poor performing trustee directors out there. If the Coalition can deal with this in a way that does not cause excessive cost or disruption it will look very smart, but it won’t be easy. As conservatives the […]
Opinion

The misguided idealism of Arthur Sinodinos

There are many reasons to applaud the discussion paper issued by Treasury on better governance and transparency in superannuation, but its ownership by someone without an in-depth knowledge of retirement planning is worrying. That Arthur Sinodinos, the minister for financial services and assistant treasurer, also has a background in banking and thus a clear bias […]
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 […]
Unintentional

Catholic by name, catholic by nature

In his seventh year as chair of Catholic Super in Victoria, Peter Bugden can comfortably say he’s witnessed notable growth in the fund. What first began in 1971 as a niche offering to Catholic school employees is now an Australia-wide public offer fund, with around $5 billion under management following a period of growth – […]
Investment Strategy

Election train anathema to finance industry

Prime Minister Julia Gillard says the marathon election campaign which will dominate public life this year is all about delivering certainty, but the length of the campaign risks leaving the financial industry hanging on several key issues. There is no doubt the Labor government has delivered some significant financial reform: there has been Future of […]