Super

Super

Treasury opens consultation on payday super measure

Two models are put forward for the reform as well as revisions to the penalties for late payment.
10 October 2023 • By Miranda Brownlee

more from super

Super

SMSFA urges government to remove active member test

Residency of a fund should be determined on the same principles as all other entities for income tax purposes, the...
03 October 2023 • By Keeli Cambourne
Super

Professional bodies reject proposed objective for super

The sole purpose test does the job, they say, and changing the law will fail to prevent bad policy decisions in the...
29 September 2023 • By Miranda Brownlee
Super

Revised NALE rules ‘miss chance to clarify SMSF bugbear’

The ATO will need to help trustees work out when an arrangement is internal to the fund for the purposes of non-arm’s...
20 September 2023 • By Philip King
Super

Unusual investments driving SMSF audit delays, compliance risks

An increase in complex and related-party investments by SMSFs is slowing down the audit process and increasing the...
15 September 2023 • By Miranda Brownlee
Super

ASIC takes legal action against AustralianSuper

The regulator alleges the largest superannuation failed to address multiple member accounts.
08 September 2023 • By Keeli Cambourne
Super

Government releases draft legislation for objective of super

The government says the goal is to provide a shared understanding of superannuation and ensure it focuses on saving...
04 September 2023 • By Miranda Brownlee
Super

ATO urged to postpone tax determination on NALI and CGT

The ATO must delay its tax determination concerning non-arm’s length income and capital gains tax until the non-arm’s...
07 August 2023 • By Miranda Brownlee