Not so long ago, it was common to hear stories about workers quitting their job, forming a company and being hired back …
Superannuation
Super contribution limits
Australia has had super contribution limits since 1 July 2007. These limits or contribution caps fall into two …
Average SMSF worth nearly $1 million
Today the ATO released its Self-Managed Super Fund (SMSF) statistical report for the year ended 30 June 2012. Here is a …
Spending cuts to save surplus
Federal Treasurer Wayne Swan handed down his fifth Budget last night promising to deliver a surplus of $1.5 billion in …
Reversionary pensions worth considering
Superannuation funds have special rules for the distribution of benefits after the death of a member. In many cases, …
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Government aims for a surplus in three years
A sharp rise in revenue over the next three years is expected to lift the Federal budget back into surplus within three …
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More changes to super in Federal Budget
One of the most far-reaching changes announced in the 2009-10 Federal Budget was that the concessional contributions cap …
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Borrowing to invest using super money
Self-managed superannuation funds (SMSFs) can now borrow for residential and commercial property investments using …
Federal Budget tweaks tax system again
Given all the leaks that preceded it, the 2008/09 Federal Budget was a fairly uneventful document and relatively well …
New superannuation contribution rules
On 5 September 2006, the Federal Government released the final version of its Simpler Super proposals. After a …