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Bob Katter cold on super reforms as crossbench support wilts


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The government’s chances of passing its signature superannuation reforms through the lower house narrowed further on Tuesday, with crossbench MP Bob Katter revealing he will not vote for the package in its current form.
Mr Katter told
The Australian Financial Review that he would inform Treasurer Josh Frydenberg on Tuesday. “Mate, I just can’t see my way clear to vote for this the way it is.”
Crossbench MP Bob Katter and Senator Jacqui Lambie oppose the directions power in the super legislation.  
Alex Ellinghausen
Mr Katter, who supports the intentions of the bill to do away with duplicate super accounts and push consumers into better-performing funds, is worried by the prospect of individuals being stapled to underperforming superannuation funds. ....

Zali Steggall , Craig Kelly , Kevin Rudd , Rex Patrick , Helen Haines , Pauline Hanson , Jacqui Lambie , Malcolm Roberts , Centre Alliance Stirling Griff , Liberal Party , Centre Alliance , Stirling Griff , Senator Jacqui Lambie , Senator Hanson , One Nation , கிரேக் கெல்லி , கெவின் முரட்டுத்தனம் , ரெக்ஸ் பேட்ரிக் , ஹெலன் ஹைன்ஸ் , பாலீந் ஹான்சன் , ஜாக்குவி ஆட்டுக்குட்டி , மால்கம் ராபர்ட்ஸ் , மையம் கூட்டணி ஸ்டர்லிஂக் கிரிஃப் , தாராளவாத கட்சி , மையம் கூட்டணி , ஸ்டர்லிஂக் கிரிஃப் ,

Former Liberal MP Craig Kelly could sink super reforms


Former Liberal MP Craig Kelly could sink super reforms
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The government’s signature superannuation reform package may struggle to clear the lower house, with renegade former Liberal MP Craig Kelly saying he is unhappy with several aspects of the Your Future, Your Super bill.
Mr Kelly, who quit the Liberal Party in February, told
The Australian Financial Review he thinks “several provisions of the bill are contrary to Liberal party values”, including the directions power giving the Treasurer the ability to ban investments that do not align with the national interest.
The provision, also opposed by Labor, would allow the government “to prohibit certain payments and investments where they are considered to be unsuitable expenditure by trustees in any circumstance.” ....

Zali Steggall , Rex Patrick , Jacqui Lambie , Tony Smith , Helen Haines , Centre Alliance Stirling Griff , Like Mr Kelly , Speaker Tony , Australian Financial Review , Senator Rex Patrick , Stirling Griff , ரெக்ஸ் பேட்ரிக் , ஜாக்குவி ஆட்டுக்குட்டி , டோனி ஸ்மித் , ஹெலன் ஹைன்ஸ் , மையம் கூட்டணி ஸ்டர்லிஂக் கிரிஃப் , பேச்சாளர் டோனி , ஆஸ்திரேலிய நிதி விமர்சனம் , செனட்டர் ரெக்ஸ் பேட்ரிக் , ஸ்டர்லிஂக் கிரிஃப் ,

Bankers press Senate on responsible lending


Bankers press Senate on responsible lending
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The federal government is struggling to win Senate support to dump responsible lending laws, despite reassurance from National Australia Bank chief executive Ross McEwan that the proposed changes will not lead to more risky bank lending.
Bank chief executives have been at Parliament this week meeting senators to discuss the government’s proposed overhaul of credit rules, as well as how banks will deal with home and small business borrowers still hurting from social distancing rules and international border closures.
NAB CEO Ross McEwan says axing responsible lending laws won’t cause a jump in risky bank lending.  ....

United States , Australian Capital Territory , Stephen Jones , Rex Patrick , Josh Frydenberg , Anna Bligh , Chris Kent , Karen Cox , Jacqui Lambie , Malcolm Roberts , Australian Banking Association , Australian Prudential Regulation Authority , Centre Alliance Stirling Griff , Financial Rights Legal Centre , Treasurer Josh , Australian Securities , One Nation , Centre Alliance , Stirling Griff , Nation Senator Malcolm Roberts , Banking Association , ஒன்றுபட்டது மாநிலங்களில் , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , ஸ்டீபன் ஜோன்ஸ் , ரெக்ஸ் பேட்ரிக் , அண்ணா பிலிக் ,