By James Kirby 5 Jan 2024 The Australian So it turns out, to your surprise – and possibly to your horror – you will be reaching retirement age in about ten year’s time. You have never really thought about it, you’ve never really done the numbers. You thought it was miles away and now, well,…
By Jess Malcolm 30 April 2024 The Australian The Coalition will look to reduce red tape pushing up the price of lending and expand on its proposal allowing people to raid their super in a bid to help more Australians get into the housing market if it wins the election next year. The opposition’s housing spokesman Andrew…
By Lucy Dean 19 April 2024 Australian Financial Review Nearly every day for the last year, counsellor Lukas Winward has taken to a golf green and had a heart-to-heart with a retiree or pre-retiree. “I’d been working with young people and teenagers for 10 years, but my parents retired and my wife’s parents…
BY KARREN VERGARA | FRIDAY, 5 APR 2024 FINANCIAL STANDARD Superannuation funds are increasingly flouting their internal dispute resolution (IDR) process and are not doing enough to resolve member complaints before they reach the Australian Financial Complaints Authority (AFCA). The complaints authority warned that members are bypassing super funds’ IDR processes and instead make a beeline for AFCA,…
How to take advantage of higher superannuation contribution caps If you make voluntary pre-tax contributions, the increased cap may mean a bigger deduction and tax saving. Colin Lewis 29 February 2024 Australian Financial Review From July 1 this year, you may be able to boost your superannuation savings and have more for retirement because the…
13 MARCH 2024 |By Maja Garaca Djurdjevic| SUPER REVIEW In a submission to the Senate economics committee on improving consumer experiences, choice, and outcomes in Australia’s retirement system, the Grattan Institute argued against the further increase in compulsory super from 11 to 12 per cent of wages by 2025 and said Australians should be able to…
FOR THOSE WHO ARE CLOSE to 60 yrs OLD AND ABOVE PLEASE READ THIS. This is for you. Some really great advice! Thank you to the person who wrote this. Between 60 and death. It’s time to use the money you saved up. Use it and enjoy it. Don’t just keep it for those who…
SMSF Association News 29 Feb 2024 If you are working and contributing to your SMSF for a future retirement or enjoying a comfortable retirement, living from the returns from your SMSF, there is good news. The SMSF Association in conjunction with the University of Adelaide’s International Centre for Financial Services (ICFS) has again conducted…
By Patrick Commins & Geoff Chambers 14 Feb 2024 The Australian Sparkies, paramedics, police officers and accountants will be long-term losers under Labor’s stage three tax changes, as a major credit rating agency says Anthony Albanese’s revamped tax cuts will likely be more inflationary than Scott Morrison’s original plan. Under Labor’s tax changes, electricians, school principals, cops, train…
By Peter Switzer 1 Feb 2024 Labor is on the search for Australians who are doing ‘too well’ from the tax system, to make sure they pay more tax or they get fewer tax cuts, with the AFR’s John Kehoe telling us those Aussies with trusts are going to cop it next. (see AFR article below) It…
By Peta Credlin 8 February 2024 The Australian Have you ever wondered why big business was so totally behind the failed voice campaign and, before that, in favour of same-sex marriage? Has it ever puzzled you that the green-left now consistently outspends the conservative side of politics in election campaigns, even though it’s the Coalition…