The Government made some changes to the superannuation system recently. These include –
Super guarantee to rise from 9% to 9.25%.
Increase in superannaution contribution cap for over 60's from $25,000 to $35,000.
New super guarantee requirements for workers over 70.
Financial Adviser and recently named Australia's adviser of the year, Olivia Maragna from Aspire Retire Financial Services, joined the ABC Radio program to explain.
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