Superannuation
Big bankâs tax vision bucks business lobby, coalition
16 July
Superannuation concession limits and a wealth tax could unlock national economic productivity, Australiaâs largest bank says, but others call them a âwar on aspirationâ. Many have been some surprised and some incensed by the Commonwealth...[Read More]
Making the most of your FIFO years: 10 tips for money and life
10 July
Working Fly-In Fly-Out (FIFO) can be a golden opportunity to fast-track your financial future and build a life with purposeâif managed wisely. Whether youâre doing it for a few years to get ahead or making a long-term career out of it, the...[Read More]
Older Aussies back increased superannuation tax
9 July
Most older Australians support increasing taxes on high superannuation balances. The federal government is controversially hoping to lift taxes on super balances above $3 million from 15 per cent to 30 per cent in a move predicted to impact about...[Read More]
Nest eggs on the boil as super guarantee cracks open
2 July
Workers will receive a boost to retirement contributions as a long-awaited lift to the superannuation guarantee kicks in, but further increases are unlikely any time soon. The rate of super employers are required to pay employees increased from 11.5...[Read More]
Super funds spared billions after US axes ârevenge taxâ
2 July
Australian superannuation funds are breathing a sigh of relief after the US dropped a so-called ârevenge taxâ on foreign investors. The super industry had been ringing alarm bells over section 899 of President Donald Trumpâs proposed âbig...[Read More]
Workersâ retirement nest eggs set for super boost
25 June
Australian workers can look forward to a bigger nest egg, with an increase to the superannuation guarantee to add tens of thousands of dollars to the average super account. From July 1, employersâ minimum required contribution to employeesâ...[Read More]
ASIC puts super on notice over complaint âblind spotsâ
18 June
The corporate regulator has revealed the next steps in its push to fix systemic failings in the superannuation sectorâs handling of death benefit payments. The Australian Securities and Investments Commission will examine how super trustees...[Read More]
Greens strike conciliatory tone on super tax changes
11 June
The Greens are âabsolutely readyâ to work with Labor to make proposed changes to superannuation, acknowledging the mandate voters gave the Albanese government at the election. Labor is looking to double the tax rate of super balances above $3...[Read More]
EOFY super and tax strategies: is it too late? What you can still do â and how to get ahead for next year
5 June
As June 30 approaches, many Australians wonder: Have I left it too late to make a difference to my super and tax position this financial year? The good news is, itâs not too late. With some focused action in the final month and a proactive start...[Read More]
Super backlash âdoesnât augur well for tax reformâ
4 June
Super backlash âdoesnât augur well for tax reformâ The uproar over proposed changes to superannuation tax concessions does not bode well for the governmentâs chances of passing broader tax reform, Treasurer Jim Chalmers says. First...[Read More]
Fears super tax rise for rich will whack housing market
28 May
A bid to increase taxes on wealthy Australiansâ superannuation has been paved with good intentions, but there are warnings it may create unfair outcomes. The federal government is hoping to pass a bill to impose a 15 per cent tax on super balances...[Read More]
Make the most of EOFY: super strategies to discuss with your financial adviser
15 May
As the end of the financial year (EOFY) approaches, itâs a timely reminder to check in on your financial health and take advantage of opportunities to strengthen your retirement savings. Whether youâre looking to grow your superannuation,...[Read More]
Self-Managed Superannuation Fund (SMSF) checklist â summary
8 May
A Self-Managed Super Fund (SMSF) offers individuals more control over their retirement savings, but it comes with significant responsibilities. This checklist outlines key considerations and requirements to help ensure compliance and effective...[Read More]
The redundancy checklist
8 May
Facing redundancy can be a challenging and emotional experience. Itâs important to take a calm and considered approach to ensure you make the best financial decisions for your future. A qualified financial adviser can assist you in navigating...[Read More]
Navigating a career change with financial confidence
1 May
Changing careers is a significant life decision, one that can bring excitement, new opportunities, and challenges. Whether youâre pursuing a long-held passion, seeking better work-life balance, or adapting to new life circumstances, the...[Read More]