Media Centre

More jobs for Aussies in Fintech sector as Australian government focuses on innovation and technology to create new opportunities and remain competitive globally.

The speaker at the Future of Wealth Management Conference in Melbourne discussed the importance of reform in the superannuation sector, highlighting the need for a consumer-focused approach to improve outcomes for members and retirees. The government aims to address challenges in the industry to ensure better transparency, accountability, and prioritization of member interests.

Senator Andrew Bragg criticises unions and big business for restricting workers' choice of super funds, advocating for greater freedom in selecting super funds to benefit workers. He emphasises the government's commitment to improving the super system for the benefit of workers, not vested interests.

Australian Senator shares his love for Australia and outlines his Menzian liberalism philosophy, advocating for a strong economy, fair society, and promoting markets and enterprise.

Labor's Retiree Tax proposal is facing criticism for being retrospective and targeting self-funded retirees, potentially affecting 900,000 people, including those with modest means in NSW. The policy is also questioned for its revenue-raising effectiveness and exemptions for senior politicians.

Labor's proposed tax increases risk damaging Australia's budget repair progress, potentially leading to deficits, higher debt, and reduced investment and job creation. The effectiveness and feasibility of these tax measures, as well as Labor's historical track record with budget management, raise significant concerns for the country's economic future.

Unions in Australia are amassing significant funds through industry superannuation schemes, with concerns raised about transparency and governance. Reforms are urgently needed to improve superannuation laws and increase competition in the sector.

Menzies' essay "Scrap Iron for Japan" emphasises the timeless principle that Australia's prosperity relies on open trade and exports, highlighting the importance of embracing opportunities and rejecting protectionism. The text underscores the critical role of trade in Australia's economy, advocating for continued competitiveness and strategic engagement in global markets to sustain economic growth.

Proposed superannuation governance reforms stalled, revealing union power and highlighting need for banking royal commission to include super. Calls for independent directors on super fund boards to protect savers' interests against unions and banks.

The text discusses the author's personal experience with marriage and the importance of equality in Australian law, focusing on three key points: addressing real issues of equality, maintaining respectful debate, and ensuring swift action if a "yes" vote is achieved.