Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

A change in the chair

Outsider/tim-wilson/

15 October 2021
| By Outsider |
image
image image
expand image

Outsider noticed a definite change in the air this month and wondered if it was the onset of spring or Sydney coming out of lockdown.

No, it was neither of those things. It was the familiar face and voice of Tim Wilson that was missing in the Parliamentary grilling of industry superannuation fund EISS Super. 

Of course, Wilson had recently been promoted to Assistant Minister to the Minister for Industry, Energy, and Emissions Reduction and would no longer chair the House of Representatives Standing Committee on Economics.

Outsider did not realise he would miss Wilson’s speed reading with a tone of boredom when opening the committee or his usual probing line of questioning for super funds.

Though, industry super funds must be glad Wilson is no longer there to scrutinise their salaries and bonus structures.

It will take some time for Outsider to get used to Wilson’s absence when covering Parliament, but it seems committee member and fellow Liberal, Celia Hammond, has already done so. 

Hammond referred to Wilson as the “previous chair” and admitted she had already forgotten his name.

Outsider wishes Wilson well in his new role and sure hopes he does everything in his power to actually reduce emissions. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 5 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 weeks 5 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

2 weeks ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 6 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks 4 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3