Budget 2018-19: a new retirement income framework and more changes for super
June 1, 2018
Recent legislative and regulatory news and developments affecting the superannuation industry.
Recent legislative and regulatory news and developments affecting the superannuation industry.
There has been considerable policy debate about the regulation and design of retirement income products. The government has been developing a framework for Comprehensive Income Products for Retirement (CIPRs) following
Recent legislative and regulatory news and developments affecting the superannuation industry.
The path for the increase of the Superannuation Guarantee to 12 per cent has had a few potholes along the way. As originally legislated it was due to steadily increase
Recent legislative and regulatory news and developments affecting the superannuation industry.
At the time of writing this column the first week of the substantive hearings of the Royal Commission was near complete. The progress of the hearings has been a bit
Recent legislative and regulatory news and developments affecting the superannuation industry.
Superannuation funds—along with retirees, impending retirees, and financial advisers—have had to cope with the substantial changes to the means test for the Age Pension that came into effect on 1
Recent legislative and regulatory news and developments affecting the superannuation industry.
In new research presented in an informative and entertaining session at the 2017 ASFA National Conference, Bernard Salt used Census data to describe how Australian retirees with property in capital
Acknowledgement of Country
We want to respectfully acknowledge the Traditional Owners and Custodians of these lands, seas, and waters throughout Australia. We pay our respects to Elders both past and present. We acknowledge the history, the resilience and the continual contributions of Aboriginal and Torres Strait Islander peoples of their Country.
Acknowledgement of Country
We want to respectfully acknowledge the Traditional Owners and Custodians of these lands, seas, and waters throughout Australia. We pay our respects to Elders both past and present. We acknowledge the history, the resilience and the continual contributions of Aboriginal and Torres Strait Islander peoples of their Country.
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Assistant Treasurer and Minister for Financial Services
Born in Brindisi, Italy, Daniel was a young child when he moved with his family to Australia. He grew up in Canberra and completed his first degrees – arts and law – at the ANU. He then completed a Master of Economics (University of Sydney) and a PhD in economics from Yale.
He lectured at Monash University, was an economic adviser in the Gillard government and was a Victorian MP from 2014 to 2018. As Parliamentary Secretary to the Treasurer of Victoria, Daniel helped deliver major infrastructure projects and developed innovative financing structures for community projects.
In 2018 he was preselected for the new federal seat of Fraser and became its first MP at the 2019 election, re-elected in 2022 and 2025. From 2022 to 2025, Daniel was chair of the House of Representatives’ Standing Economics Committee in which he chaired inquiries; economic dynamism, competition and business formation and insurers’ responses to 2022 major floods claims.
In 2025, he became the Assistant Treasurer and Minister for Financial Services.
In August 2022, Daniel published ‘Safety Net: The Future of Welfare in Australia’, which aims to explore the ways in which an insurance approach can improve the effectiveness of government service delivery.