Media releases
2008
Financial Disclosure Simplification Begins
The Minister for Superannuation and Corporate Law, Senator the Hon Nick Sherry, today opened the first session of the working group established to deliver simpler and more readable financial info
Trans-Tasman Disqualification of Disqualified Directors
Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, today announced that the Government will introduce legislation to ensure that persons who are disqualified from managi
New Dollar Coin to Mark Scout Centenary
Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, today joined with former Governor-General Sir William Deane AC KBE, National President of Scouts Australia and Mr John
Unrestricted Access to Superannuation Benefits for Persons with Terminal Medical Conditions
The Minister for Superannuation and Corporate Law, Senator the Hon Nick Sherry, today announced the release of regulations which introduce a new condition of release for persons suffering from te
Governance of Self Managed Superannuation Funds
The Minister for Superannuation and Corporate Law, Senator the Hon Nick Sherry, has commenced consultation with a range of industry organisations and practitioners about a range of practices in s
Australians with Terminal Medical Conditions to Receive Superannuation Lump Sums Tax Free
The Minister for Superannuation and Corporate Law, Senator the Hon Nick Sherry, today announced that the Government will legislate to make superannuation lump sum payments tax free where paid to
Sherry Introduces Cross-Border Insolvency Bill
The Minister for Superannuation and Corporate Law, Senator Nick Sherry, today introduced the Cross‑Border Insolvency Bill into Parliament.
Reforms to Arrangements for Reviewing Prudential Decisions Introduced into the Parliament
The Government introduced into the Parliament today a package of reforms to arrangements for reviewing administrative decisions of the Australian Prudential Regulation Authority (APRA).
Complexity to be Tackled in Financial Services Working Group to Start Immediately
The new Rudd Labor Government is determined to act in a timely and comprehensive manner to slash the lengthy, complex and unreadable disclosure documentation in financial services.
Minister Unveils Innovative Antarctic Coin to Mark 4th International Polar Year
The Minister for Superannuation and Corporate Law, Senator Nick Sherry unveiled a fine silver proof $5 2008 Polar Series coin at the head office of the Australian Antarctic Division (AAD) in Hob
2007
Labor to Act on Lost Super - Lost Super - Increased to $11.9 Billion
The new Rudd Labor Government will act as soon as practicable to reunite millions of Australians with their lost super account following the release of details of new lost accounts and monies for 0