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'Aussies need access to super to purchase first home': senator argues


‘Aussies need access to super to purchase first home’: senator argues
By Maja Garaca Djurdjevic
07 April 2021
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1 minute read
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Senator Andrew Bragg is pushing for the adoption of a policy enabling Aussies access to their super for home ownership purposes.
Arguing that “super has damaged home ownership”, Senator Bragg told media that he will continue to push for more young Australians to have access to their super so they can purchase a first home.
“Financially and morally, we must pursue this. The Big Super lobby and their political subsidiary, the Labor Party, are against this and are seeking to smear people who argue in favour of home ownership,” Mr Bragg said. ....

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Senator proposes regulation to shut down superannuation lobby groups to save fees


Senator proposes regulation to shut down superannuation lobby groups to save fees
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Superannuation industry lobby groups could be shut down under new legislation aiming to reduce retirement account fees and improve returns, with Liberal senator Andrew Bragg suggesting regulations could be introduced forcing representative bodies to merge.
The federal government’s Your Future Your Super changes could be used to force consolidation among industry superannuation lobby groups in a bid to cut down on the expenses of the nation’s industry super funds. One feature of the legislation could give the Treasurer the power to block funds from making spending and investment decisions the government does not like. ....

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Attracting investment for venture capital is key to driving recommendations of Financial & Technology Centre Advisory Group Report


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Attracting investment for venture capital is key to driving recommendations of Financial & Technology Centre Advisory Group Report
Atlas Advisors Australia
Australia must create better incentives to attract business and investment from Asia including Hong Kong to help boost our economy and global competitiveness.
This is an important theme of a recent report based on the recommendations of the “Australia as a Financial & Technology Centre Advisory Group” to the Australian Government by Senator Andrew Bragg.
The Australia as a Financial & Technology Centre Advisory Group is a group of leading industry advisors including Atlas Advisors Australia who convened with Senator Bragg in August 2020 to advise on the best path forward for strengthening Australia as an Asia-Pacific business and financial services hub. ....

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