Browsing: Superannuation | Page 7 (130 items)


Don't shut out banks from super, says industry fund pioneer

A key architect of the industry superannuation movement, Garry Weaven, has challenged the push by unions to ban for-profit retail super funds, following the damning evidence heard by the Hayne Royal Commission.





Industry super Bill stalls as Hayne's gaze comes to REST

The Coalition government bid to force industry superannuation funds to have one-third independent directors appears to have stalled in the wake of damning evidence about retail funds at the Hayne Royal Commission.


Foodora riders employees, says ATO

The Australian Tax Office and Revenue NSW separately formed the view that riders used by Foodora Australia Pty Ltd were employees rather than contractors, according to the voluntary administrators of the now-departed gig economy company.


PC slammed for ignoring women's plight in super review

The Queensland Nurses and Midwives Union has slammed the Productivity Commission's omission of women in its draft report on the efficiency of the superannuation system, insisting it had "plenty of scope" to address a gender gap in which women retire with about half the savings of men.


BHP drawn into big Australian class action

Two landmark class actions allege that a BHP Billiton subsidiary induced two labour hire companies to unlawfully engage hundreds of coal mineworkers as casuals and pay them less than the industry award.


FWC to lose default fund role under PC proposal

The Productivity Commission has recommended severing default super fund allocation from the IR system, in its draft report on the superannuation system that confirms industry funds are "systematically" outperforming retail funds by a wide margin.


Superannuation laggards offered amnesty

The Turnbull Government has introduced legislation granting employers a one-off, 12-month amnesty for historical underpayment of the superannuation guarantee.


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