Tony Abbott

Hedge Funds

Pension funds put pressure on G20 tax reform

Pension funds are becoming vocal ahead of the G20 leaders summit next week, reiterating the need for action over tax reform, and encouraging world leaders to consider financial reform that encourages long-term investing. The UK’s Local Authority Pension Fund Forum, which is a collaborative shareholder engagement group of 61 local authority pension funds with combined […]
Opinion

The political shame in delaying rises in SGC for 7 years

There is a global pension underfunding crisis and yet Australians are set to lose $128 billion in savings because the Federal Government has tied up superannuation policy with the repeal of the mining tax. Superannuation policy should not be part of the political system and it’s time the industry did something about it. The Financial […]
Hedge Funds

Indonesia last destination for funds

For his first international trip since becoming prime minister, Tony Abbott has taken 20 business leaders representing sectors such as banking, finance, agriculture and infrastructure to Jakarta, but super funds see better opportunities elsewhere in Asia. Consultants, fund managers and superannuation funds say that the research has not been undertaken on Indonesia and there are […]
Opinion

A letter to Tony Abbott

Dear Prime Minister In January 1999 you gave a highly persuasive speech about the folly of Australia swapping its current constitution for an unproven model. In the speech, which appears in a book entitled Men and Women of Australia, our greatest modern speeches, you recognised that the current constitution had some alarming incongruities, but for […]
Opinion

Funds keep cool in super tax heat

Teenagers are more likely to suffer from depression if they see their parents arguing often. In a Cambridge University research paper published late last year, it was claimed that those who witness frequent arguments and possess a gene making them more sensitive are significantly more likely to become depressed. The findings are important but hardly […]
Policy and Regulation

Abbott clarifies super stance

The federal opposition leader, Tony Abbott, has confirmed his commitment to increase the superannuation guarantee from 9 to 12 per cent in correspondence with Investment Magazine Online. The support of the increase comes in the wake of ambiguity about the opposition’s stance on the matter fuelled by the press department of Minister for Financial Services and […]
Investment Strategy

First Super invites Tony Abbott to board meeting

First Super, the $1.6 billion fund, has invited Tony Abbott to attend its board meeting in March or June to give the leader of the opposition experience of how employer-employee industry superannuation fund boards work. First Super co-chair Alan Stewart says the invitation to the opposition leader came about as a result of Abbott’s criticism […]