by Scott | May 4, 2016 | News, Public Service, Superannuation
Personally I had been enjoying the lead up commentary around the Federal Budget as Scott (Morrison) and Malcolm (Turnbull) have been preparing us for ‘not just another budget’ but an ‘economic plan’. Being Sco-Mo’s first Budget as...
by Scott | Oct 30, 2014 | News, Superannuation
From 1 January 2015, income from superannuation pensions will be taken into account in determining whether you are eligible to receive the Age Pension (full or part payment) or the Commonwealth Seniors Health Card (CSHC). This might affect your ability to access...
by Scott | Aug 28, 2014 | Superannuation
Do you want to make sure you can live your lifestyle today when you get to retirement? Well, now you can! For the first time in five years, for people under 50, the limits that regulate the amount you can contribute to super (on a concessionally taxed basis) has...
by Scott | Aug 2, 2014 | Public Sector Super, Self Managed Super, SMSF, Superannuation
You may have heard that the amount you can contribute to superannuation will change for 2014/15. In the new financial year, you will be able to make more before-tax and after-tax contributions to super. This could mean that you can accumulate faster towards your...
by Scott | May 30, 2013 | DIY Superannuation, News, SMSF, Superannuation
Last night the Federal Government amended the Bill that was originally designed to effectively ban SMSF off-market transfers from 1 July 2013 and impose other restrictions around related party transactions. Previously, as part of the response to the Cooper Review, the...
by Scott | May 24, 2013 | DIY Superannuation, Do it yourself super, News, Public Sector Super, Public Service, Superannuation, Superannuations
From 1 July 2013, the Superannuation Guarantee (SG) percentage will increase to 9.25 per cent – the first increase to minimum SG rate since it reached 9 per cent in 2002/03. It will gradually increase to 12 per cent by 1 July 2019. SG is the official term for...