• An unnecessary giveaway? Refunds of franking credits

    Posted: Monday 19 November, 2018

    Dividend imputation was introduced by the Hawke-Keating Government as a way of preventing the double taxation of dividends as part of the profits of companies and as personal income for the investor. In this system, the franked amount was added to taxable income and a tax offset of the same size prevented taxation of the amount and lowered taxation of the dividend.

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  • Royal Commission Submission - Round 5

    Posted: Tuesday 13 November, 2018

    In its closing submissions (CS) for Module 5 of the Commission’s hearings, Counsel Assisting invited submissions in respect of various “policy and general questions”. This submission is made by Industry Super Australia Pty Ltd (ISA) in relation to those questions.

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  • APRA’s Post-implementation review of the superannuation prudential framework

    Posted: Monday 1 October 2018

    The governance of superannuation funds is important to delivering the best retirement outcomes for members. Generally, these aspects of the framework require no comment.

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  • Superannuation Fund Investment in Agriculture

    Posted: Friday 22 June, 2018

    ISA welcomes the House Standing Committee into Agriculture and Water Resources Inquiry into Super Fund Investment in Agriculture. It provides an opportunity to review past performances by all stakeholders, including barriers to performance, but also opportunities which exist within the sector that could improve long-term outcomes for the community.

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  • ISA Submission on Treasury Laws Amendment (2018 Measures No. 4) Bill 2018

    Posted: Friday 01 June, 2018

    There are welcome initiatives in this Bill to begin addressing the problem of unpaid superannuation – they are long overdue. However, the detail reveals some significant gaps in the proposed compliance framework and, inexplicably, the payment of SG won’t be made more transparent or timely by ensuring payments are made at the same time as wage and salary income.

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