andrew bragg

Policy & Regulation

ASIC treating Parliamentary question as 'hypothetical'

The Australian Securities and Investments Commission has effectively encouraged parliamentarians to cite any specific instances of the regulator’s personnel briefing the ...

Superannuation

Will the Budget deliver an early access third tranche?

A pause in the superannuation guarantee at its current 9.5% is looking almost certain in next month’s Budget and no one is ruling out a further extension to hardship earl...

Financial planning

Financial services industry had too much influence over Liberals

NSW Liberal Senator, Andrew Bragg, has stated his belief the financial services industry had too much influence over Liberal Party policy and that the Coalition was wrong...

Superannuation

APRA failing on sole purpose test says Bragg

The Australian Prudential Regulation Authority has failed in its obligation to enforce the sole purpose test over the use of superannuation fund monies, according to a Li...

Superannuation

FSC declares opposition to using super for housing

The Financial Services Council has declared its opposition to people using their superannuation for a first home deposit declaring the argument does not stack up and woul...

Superannuation

ASIC backs super funds on use of member reserves

The Australian Securities and Investments Commission is backing the Federal Court’s precedent in the IOOF case on how and when superannuation funds can use member reserve...

Outsider

Real estate, super and who ultimately clips the ticket

Is it just Outsider, or does tyro, hipster NSW Liberal Senator, Andrew Bragg, have an fascination for residential real estate?...

Superannuation

How ASIC decided against reporting on super fund inducements to employers

The Australian Securities and Investments Commission has reported it simply became too busy to develop a report around superannuation funds seeking to induce employers to...

Outsider

And its gold and gold for Senator Bragg

There are stories which Outsider would have liked to be the first to tell and then there are stories that Outsider reckons are so good that they need retelling....

Superannuation

Was ISA inflating its super release impact figures?

Government Senators are claiming vindication because a senior Treasury official has suggested Industry Super Australia may have used inappropriate data to inflate the imp...

Policy & Regulation

First real estate agents, now a Liberal Senator

NSW Liberal Senator and former Financial Services Council policy executive, Andrew Bragg has denied a letter he wrote to constituents on early release superannuation is t...

Policy & Regulation

Is Frydenberg being equivocal on 12% SG?

The Federal Treasurer, Josh Frydenberg has stopped short of restating the Government’s promise to increase the superannuation guarantee, preferring to say that it has no ...

Financial planning

ASIC answer confirms Hayne got it wrong on intra-fund advice

Questioning by a Liberal Senator has seen the Australian Securities and Investments Commission confirm that Royal Commissioner, Kenneth Hayne, got it wrong on intra-fund ...

Superannuation

Super funds under no specific obligation to notify members of fines

The Australian Securities and Investments Commission has confirmed that superannuation funds which pay fines from member’s capital are under no specific obligation to tel...