Summary of Superannuation Issues and Recent Changes
Recent Issues and changes that could effect you
Categories for Financial Planning News
Australians Seek Financial Independence – Report
The priorities of Australians have changed, with financial independence now the nation’s most common aspiration, according to a new report.
2023 Federal Budget: Stronger foundations for a better future
‘Seeing our people through the hard times – and setting our country up for a better future’
“While Australia may have a lot coming at us – we have a lot going for us too” – Dr Jim Chalmers, 2023-2024 Federal Budget Speech.
Overview of the Federal Budget 2023 – 24
The following are all the links to the federal government's description of its 2023 Budget. At the bottom are the Budget Documents for those that love to get into the fine detail of a Budget.
Our investment and economic forecasts, April 2023
Our latest forecast changes include expectations for:
The importance of SMSF succession planning
Preparing for loss of capacity or death is vital for SMSF members. It's important to ensure your trust deed is watertight.
ATO warns of rise in SMSF identity fraud and investment scams
The ATO has warned SMSF members to be aware of identity fraud and investment scams.
Banks launch scam awareness campaign
The new campaign highlights the importance of customer alertness against criminal activity by scammers.
Unintended consequences of work test changes to be rectified
New draft legislation to the work test mean impacted individuals will retain their ability to claim deductions for personal contributions post 30 June 2022, says a leading adviser.
Preparing for EOFY tax scams with business and cyber resilience
Every end of financial year (EOFY) season involves a rush by Australians wanting to get their tax returns completed. Increasingly, though, this period is seen as an opportunity for bad people to take advantage of us.
