$500,000 lifetime superannuation cap scrapped
The Government has today announced improvements to the superannuation changes announced in the 2016-17 Budget that make Australia’s superannuation system even fairer, more flexible and more sustainable. Following extensive consultation, the Government will amend the package to improve the measures that seek to restrict superannuation being used as an estate planning vehicle, while providing greater…
Superannuation increases: what's the catch?
It’s the start of the new financial year and whilst for many it may not feel like a big deal, it might come as surprise to some that this may mean less in your pay packet. The Government has brought in new rules around increasing superannuation guarantee from 9% to 9.25% and whilst it sounds…