Sep 3, 2024
As the end of financial year approaches, it’s timely to remind self-managed superannuation Trustees of their compliance obligations, and in particular the need to ensure assets are valued correctly. While this is regular practice, given that the Australian Tax Office...
Aug 27, 2024
Despite the Federal Government claiming changes to superannuation will make the system ‘more sustainable and fairer’, closer examination of the draft legislation reveals the measures are actually inequitable and unsustainable in the long term. At a simple level, plans...
Aug 27, 2024
It goes without saying that assets held by a Self-Managed Superannuation Fund need to be correctly valued and insured, but too many Trustees are not aware that failing to have an insurance policy over an asset held by the SMSF could cost them dearly in the case of an...
May 2, 2023
As a superannuation auditor with decades of experience, I am passionate about maintaining the integrity of Australia’s superannuation system and ensuring it continues to benefit all people for generations to come, which is why I believe it’s essential that the Federal...
Jun 16, 2022
In FY21, Australia saw the greatest increase in newly established SMSFs since they first appeared in Australia in 1999. This burst of SMSF popularity has brought about a wave of Australians who are using the flexibility of an SMSF to indulge in purchasing unusual...
