X
  • About
  • Advertise
  • Contact
Get the latest news! Subscribe to the ifa bulletin
  • News
  • Opinion
  • Podcast
  • Risk
  • Events
  • Video
  • Promoted Content
  • Webcasts
No Results
View All Results
  • News
  • Opinion
  • Podcast
  • Risk
  • Events
  • Video
  • Promoted Content
  • Webcasts
No Results
View All Results
No Results
View All Results
Home News

FOFA sidelined in Taggart-Abbott interview

Financial services policy was seemingly off the agenda as federal Opposition leader Tony Abbott appeared on former Association of Financial Advisers national president Dr Jim Taggart's radio show yesterday.

by Steven Cross
March 8, 2013
in News
Reading Time: 1 min read
Share on FacebookShare on Twitter

There was no mention of the Future of Financial Advice (FOFA) reforms as Taggart quizzed the would-be prime minister on issues relating to Taggart’s local area of western Sydney.

Abbott reaffirmed his commitment to western Sydney, claiming the abolition of the carbon tax was his number one priority for the region.

X

“There’s no doubt that Labor has taken western Sydney for granted. They are not mindless people to be directed by politicians… They know what’s in their best interest and they’re working out that they’re being used,” he said on Parramatta and Hills District local radio station Alive 90.5.

“The people of western Sydney have three concerns which we have committed ourselves to fixing: [First] abolishing the carbon tax, which by the government’s own figures is increasing the cost of electricity by ten per cent and gas by nine per cent.

“Every small business needs electricity, and the business owners of western Sydney and being weighed down by this dishonest tax.

“We have also committed to completing the WestConnex link to Sydney’s CBD from the western suburbs and stopping the boats.”

Related Posts

Image: FAAA

FAAA wants auditors in the spotlight over Shield, First Guardian failures

by Keith Ford
December 12, 2025
1

Speaking on a Financial Advice Association Australia (FAAA) webinar on Thursday, chief executive Sarah Abood said she was pleased to...

Expect a 2026 surge in self-licencing: MDS

by Alex Driscoll
December 12, 2025
0

The dominant story of 2025 in the advice world has undoubtably been ASIC’s suing of InterPrac due to the failure...

image: feng/stock.adobe.com

Adviser movement surges as year-end licensee switching accelerates

by Shy Ann Arkinstall
December 12, 2025
0

According to Padua Wealth Data’s latest weekly analysis, there was a net gain of five advisers in the week ending...

Comments 4

  1. Pete says:
    13 years ago

    Fergus, The polluters always have and always will pass on the cost to the consumers. The wholesale price of electricity almost doubled in the week after the carbon tax was implemented. Look on YouTube for “Topher VBlog 001”

    Reply
  2. Nobby Kleinman says:
    13 years ago

    Fergus, who do you think really pays for the carbon tax? The consumer of it, whether directly or indirectly through manufactured goods and services. The consumer pays for everything! Don’t want to pay it cos it’s unfair. Then stop buying stuff, food, clothing, electricity, transport.
    Whether it is Abbott or Gillard, we really need a true leader who is not a politician, but a person with business knowledge and brains to run this ocuntry as such. Not the freddos who have their hand up now!

    Reply
  3. Michael Lane says:
    13 years ago

    Why would Tony Abbott comment specifically about FOFA during his election campaign in comparison to issues like the carbon tax, and the mining tax, and border protection? Has Julia Gillard been commenting about FOFA in the past week?

    Reply
  4. Fergus Hardingham says:
    13 years ago

    Again some simplistic comments from a man who would be the next PM. Electricity prices were rising dramatically prior to the introduction of the CARBON TAX.

    Abbott’s plan for direct action will cost the TAX PAYERS while a market based mechanism has the polluters paying.

    That is my 2 cents worth.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

VIEW ALL
Promoted Content

Seasonal changes seem more volatile

We move through economic cycles much like we do the seasons. Like preparing for changes in temperature by carrying an...

by VanEck
December 10, 2025
Promoted Content

Mortgage-backed securities offering the home advantage

Domestic credit spreads have tightened markedly since US Liberation Day on 2 April, buoyed by US trade deal announcements between...

by VanEck
December 3, 2025
Promoted Content

Private Credit in Transition: Governance, Growth, and the Road Ahead

Private credit is reshaping commercial real estate finance. Success now depends on collaboration, discipline, and strong governance across the market.

by Zagga
October 29, 2025
Promoted Content

Boring can be brilliant: why steady investing builds lasting wealth

Excitement sells stories, not stability. For long-term wealth, consistency and compounding matter most — proving that sometimes boring is the...

by Zagga
September 30, 2025

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

Poll

This poll has closed

Do you have clients that would be impacted by the proposed Division 296 $3 million super tax?
Vote
www.ifa.com.au is a digital platform that offers daily online news, analysis, reports, and business strategy content that is specifically designed to address the issues and industry developments that are most relevant to the evolving financial planning industry in Australia. The platform is dedicated to serving advisers and is created with their needs and interests as the primary focus.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About IFA

  • About
  • Advertise
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Risk
  • Opinion
  • Podcast
  • Promoted Content
  • Video
  • Profiles
  • Events

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
  • News
  • Opinion
  • Podcast
  • Risk
  • Events
  • Video
  • Promoted Content
  • Webcasts
  • About
  • Advertise
  • Contact Us

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited