With the Reserve Bank of Australia opting to raise interest rates this month it’s a timely reminder of the economic decisions and developments that are completely outside the control of ordinary Australians, yet have a significant impact on their lives. The same can...
Australia’s superannuation system may have breathed a sigh of relief after the Federal Government opted to walk back elements of its Division 296 superannuation policy, but the revised version remains deeply flawed and still risks undermining the retirement system....
With the Federal Government’s changes to superannuation all but certain, including the taxation of unrealised gains, self-managed super funds (SMSF) should start preparing for a shift in the compliance environment, particularly around the reporting and valuation of...
An auditing expert has taken to the ‘young-people’s medium’ – TikTok – in a bid to educate the younger generation about the Federal Government’s planned changes to Australia’s superannuation system. Naz Randeria isn’t looking to become an influencer, but rather the...
With Australia’s superannuation system based on the basic principle of putting money aside until retirement, it’s common knowledge that there are very few circumstances under which people are able to access funds early. However, for those who do successfully apply for...
Access to superannuation prior to retirement may be allowed in circumstances where an individual is considered to be in severe financial hardship or there are strong compassionate grounds for early release. In order to access superannuation through severe financial...
