Media releases

2008

Super Fund Returns and Retirement Incomes Key Issues for Peak Super Advisory Group

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has today held high level discussions with the Superannuation Advisory Group on key issues in superannuation.

Minister Launches Financial Literacy Package for Teachers

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law and Mr Paul Clitheroe, Chairman of the Financial Literacy Advisory Board, today launched a package of support materials an

Fundamental Reform of Australia's Financial Services and Credit Regulation

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has today released the Rudd Government's first major step in reforming Australia's financial services and bringing Aus

Reduced Red Tape for Managed Investment Schemes

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, today welcomed amendments to the Corporations Regulations 2001 to reduce the regulatory compliance burden for

Simple Superannuation Advice a Step Closer

Minister for Superannuation and Corporate Law, Senator the Hon Nick Sherry and the Hon Lindsay Tanner MP, Minister for Finance and Deregulation, today welcomed the release of a

Australian Review of Credit Rating Agencies

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, today announced that he has asked the Treasury, working closely with the Australian Securities and Investment Commissio

Company Directors' Survey Launched

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has today welcomed the launch of a survey of Australian company directors which will provide valuable input to Govern

Prudential Rule Changes Ensure Confidence in Financial Systems

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has welcomed the passage of the Financial Sector Legislation Amendment (Review of Prudential Decisions) Act 2008 w

Cross Border Insolvency Law Passes

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has welcomed the passage through Parliament of the Cross-Border Insolvency Act 2008 which will provide busine

$16 Million for Super Clearing House to Slash Business Red Tape

The Rudd Government will provide funding of $16 million over three years to set up an optional superannuation clearing house facility to cut the red tape burden on businesses across Australia, Se

Appointments to the Takeovers Panel

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, is pleased to announce the appointments of five new members and reappointment of 14 members to the Takeovers Panel.

ASIC Strategic Review Welcomed

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has today welcomed the outcomes of the strategic review announced by the Australian Securities and Investments Commission

Minister Sherry Meets IOSCO Secretary General

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has met with the Secretary General of the International Organisation for Securities Commissions (IOSCO), Mr Greg Tanzer

Payment of Temporary Residents' Superannuation to the Australian Government

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, today released a consultation paper on payment of temporary residents' superannuation to the Australian Government.

Ministerial Statement - Lift Capital Partners

Today I wrote to the Acting Prime Minister to bring to her attention an issue associated with my Ministerial responsibilities in overseeing the Australian Securities and Investments Commissio

Reducing the Super Red Tape Burden on Business

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, today announced the introduction into Parliament of Tax Laws Amendment (2008 Measures No.

New Information on Self Managed Super Highlights Governance Concerns

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has today reinforced his support for the growing self managed superannuation fund (SMSF) sector and highlighted areas whe

Super Co-Contributions Pass the $1 Billion Mark

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, today announced the government has now paid over $1 billion in superannuation co-contributions this financial year.

Peak Superannuation Advisory Group Established

Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, today announced the establishment of a Superannuation Advisory Group.