Super stoush continues
Nick Sherry
Shadow Minister for Superannuation Nick Sherry has called for more detail on the Government’s Budget superannuation changes before responding to the latest challenge from Assistant Treasurer Peter Dutton.
The verbal stoush on superannuation between Government and the Opposition begun in early July enters a new phase this week.
Both Dutton and the Opposition spokesman on financial services, Senator Nick Sherry, are addressing this week’s Investment and Financial Services Association (IFSA) conference on the Gold Coast.
Yesterday, Sherry and shadow Minister for Finance, Lindsay Tanner, said the IFSA conference was an ideal time for Dutton to reveal crucial details including costings, draft legislation and income distribution analysis of benefit outcomes, as a precursor to Labor’s response.
They went on to suggest the Government was trying to keep the details secret.
“It is an arrogant and lazy government that expects a Labor opposition to sign up to an unfinalised, discussion status ‘plan’ without specific costings and legislation.”
Recommended for you
ASIC’s court case with Interprac is causing advisers to explore the possibility of self-licensing, according to My Dealer Services, as they observe the reputational damage it can bring to a practice.
AZ NGA has entered a strategic partnership with a Sydney advice firm with $600 million in assets under advice to support its succession plans and future growth.
With complaints on the rise and an expanded jurisdiction, the Australian Financial Complaints Authority is on the hunt for four C-suite roles, three of which are newly-created positions.
Ahead of the 1 January 2026 education deadline for advisers, ASIC has issued its ‘final warning’ to the industry, reporting that more than 2,300 relevant providers could be on their way out.

