Shots fired at corporate regulator should instead be aimed at Rudd Government

Questions on ASIC’s ability to deal with high-profile company collapses should be directed at Labor – which savaged business confidence with ill-thought out cuts and inaction on market pressures. Shadow Minister for Corporate Governance, Michael Keenan MP, said today that criticisms ASIC is buckling under the pressure of current market volatility once again proves that…

Labor’s hypocrisy on family trusts

Decision to reverse legislation comes without consultation – and will further burden hard-working Australians. Labor is once again showing its true colours over their decision to change legislation concerning Family Trusts – putting the burden back on small business, farmers and professionals. In Wednesday’s Senate estimates hearing, Labor Senator Stephen Conroy was asked about Labor’s…

Labor refuses to rule out changes to tax free super

In Question Time today, the Treasurer once again refused to stand by Labor’s pre-election commitment to keep the taxation arrangements for superannuation. Labor promised Australians prior to the last election that they would not change the taxation treatment of superannuation. Today, the Treasurer refused to stand by that commitment. Shadow Minister for Superannuation, Michael Keenan…