Stephen Jones 2022

STEPHEN JONES:

I acknowledge the Gadigal people of the Eora Nation and pay my respects to their Elders past, present and emerging.

I extend that respect to all First Nations people attending today.

The Uluru Statement from the Heart is a majestic document.

The Albanese Government will require super to be paid on payday, a reform that will benefit the retirement incomes of millions of Australians.

From 1 July 2026, employers will be required to pay their employees’ super at the same time as their salary and wages.

The Albanese Labor Government is moving to protect more workers from underpayment of superannuation contributions.

New legislation to be introduced into Parliament this week will enshrine a right to superannuation payments in the National Employment Standards.

This measure is part of the Albanese Labor Government’s Protecting Worker Entitlements Bill.

The Albanese Government is committed to an advice industry with strong professional standards that gives Australians access to high quality financial advice. This has been made more difficult by the previous Government’s mishandling of the new education and qualification framework.

MADELEINE MORRIS:

The Albanese Government will strengthen Australia’s world‑class superannuation system to deliver a dignified retirement for all Australians.

The Albanese Government has appointed 17 part-time members to the Takeovers Panel, each for a three-year period beginning on 2 April 2022.

PETER STEFANOVIC:

I acknowledge the Gadigal people, the Traditional Custodians of this land, and pay my respects to their Elders past, present and emerging.

I also acknowledge all First Nations people attending today and thank them for their contribution.

I would like to thank The Australian Financial Review and Deloitte for hosting today’s Summit.