The government has called an election and is now in caretaker

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Media releases

2008

Optional CGT Loss Roll Over For Complying Super Funds

Senator Nick Sherry, Minister for Superannuation and Corporate Law has announced that, with effect from tomorrow, the Rudd Government will provide an optional capital gains tax (CGT) roll‑over fo

Rudd Government Confirms Strong Consumer Protection Approach to the National Regulation of Margin Lending

Senator Nick Sherry, Minister for Superannuation and Corporate Law, today confirmed that as part of the agreed Commonwealth takeover of margin lending regulation there will be a significant incre

Temporary Residents' Superannuation Acts Proclaimed

Senator Nick Sherry, Minister for Superannuation and Corporate Law, today announced the proclamation dates for commencement of the Temporary Residents' Superannuation Legislation Amendment Ac

Government Supports ASIC Enforcement Actions

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has reaffirmed the Government's commitment to support the enforcement activities of the corporate regulator, the Australian Sec

Minister Welcomes COAG Decision on Directors' Liabilities

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has welcomed the Council of Australian Governments (COAG) agreement to progress increased harmonisation of the laws on company

Minister Announces Appointment of Chairman Of Australian Accounting Standards Board

Senator Nick Sherry, the Minister for Superannuation and Corporate Law, has announced the appointment of Mr Kevin Stevenson as the full-time Chairman of the Australian Accounting Standards Board

Minister Sherry Urges Industry to Act on Complaints

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has called on financial product and service providers to ensure that their complaints and dispute handling departments are full

New Commissioners Appointed to the Australian Securities and Investments Commission

Senator Nick Sherry, Minister for Superannuation and Corporate Law, is pleased to announce the appointment of three new full-time members to the Australian Securities and Investments Commission

CAMAC Report on Issues in External Administration

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today welcomed the report of the Corporations and Markets Advisory Committee (CAMAC) on Issues in External Administration.

Government Welcomes Same-Sex Superannuation Reforms

Attorney-General Robert McClelland and Minister for Superannuation and Corporate Law Senator Nick Sherry today welcomed new superannuation reforms marking a significant step forward in the recogn

Minister Sherry, NAB CEO Ahmed Fahour and Paul Clitheroe Meet Traditional Credit Union Representatives in Groote Eylandt

On a trip to promote partnerships in Indigenous financial literacy, Senator Nick Sherry, Minister for Superannuation and Corporate Law, Mr Ahmed Fahour, Executive Director and CEO Australia, Nat

Lost Superannuation Problem Highlighted in Alice Springs

Up to 19,572 residents of Alice Springs have a lost superannuation account, totalling $37.2 million in lost money, due to inefficiencies in the super system ignored by the former Coalition Govern

Minister Presents 'Moola Awards' in Alice Springs

Senator Nick Sherry, Minister for Superannuation and Corporate Law, Mr Paul Clitheroe chairman of the Australian Financial Literacy Board and ASIC Commissioner Jeremy Cooper, will be in Alice Spr

Lost Superannuation Problem Highlighted in Darwin and Palmerston

Up to 41,268 residents of Darwin and Palmerston have a lost superannuation account, totalling $88.7 million in lost money, due to inefficiencies in the super system ignored by the former Coalitio

Lost Superannuation Problem Highlighted in Cairns

Up to 45,322 residents of Cairns have a lost superannuation account, totalling $75.2 million in lost money, due to inefficiencies in the super system ignored by the former Coalition Government, a

Minister Sherry to Meet with Key Indigenous Leaders on Financial Literacy Issues and Programs

Senator Nick Sherry, Minister for Superannuation and Corporate Law, Mr Paul Clitheroe chairman of the Australian Financial Literacy Board and ASIC Commissioner Jeremy Cooper, will travel to Far N

Short Selling Bill Passes the Parliament

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has welcomed the successful passage through Parliament - unamended - of critical legislation to ban naked short selling, expand

Temporary Residents Bill Passed

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has welcomed the successful passage through Parliament of the Temporary Residents Superannuation Legislation Amendment Bill

Legislation to Ensure Banned Foreign Company Directors are Disqualified in Australia

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has today introduced into the Parliament the Corporations Amendment (No 1) Bill 2008 which will ensure that individual

Opposition and Senator Xenophon to Reduce Budget Surplus by $860 million with a Tax Break for High Income Temporary Residents

Senator Nick Sherry, Minister for Superannuation and Corporate Law, has expressed serious concern at moves in the Senate, led by Senator Nick Xenophon and supported by Malcolm Turnbull and Julie