Super

Super

Access to super won’t solve housing affordability, warns ASFA

Allowing access to super for housing will only benefit a minority of members with high super balances, ASFA analysis...

26 March 2024 • By Miranda Brownlee

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Super

Allowing super for housing would ‘inflame’ market, warns SMC

Enabling super members to use retirement savings to buy a house could unleash a price rise of nearly $75,000 in...

13 March 2024 • By Miranda Brownlee

Super

ATO's SMSF crackdown sees 149 trustees disqualified

The Tax Office says it will continue to take “firm action” against those who persistently fail to meet their...

08 March 2024 • By Christine Chen

Super

Pandemic super withdrawals to cost taxpayers $85bn

Australians will face higher taxes to fund the pensions of those that dipped into savings under the Early Release of...

04 March 2024 • By Christine Chen

Super

CA ANZ pushes for advice law changes to address illegal super access

Reforms around the type of advice tax agents can provide could help mitigate the issue of members illegally accessing...

28 February 2024 • By Miranda Brownlee

Super

IFPA calls for sweeping changes to Division 296 tax

The institute is “deeply disappointed” that the proposed $3 million super balance tax has remained largely unchanged...

26 February 2024 • By Miranda Brownlee

Super

Contribution caps set to increase from 1 July

Recent wage rises mean the contribution caps for super will increase for the 2024–25 income year.

23 February 2024 • By Miranda Brownlee

Super

SMSFs ‘outperform big super funds by record margin’

The investment strategies of APRA funds struggled to cope with the 2021–22 market downturn, Adelaide University...

15 February 2024 • By Philip King