National Employment Standards Update From 1 January 2024, the NES included a right to superannuation contributions. This means that most employees covered by the NES can take court action under... read more →
In recent years, the superannuation guarantee (SG) has gradually increased by a set percentage. This increment is part of a continuous rise toward reaching 12% gradually, predicted to be achieved... read more →
Selecting the right superannuation fund is a crucial decision that can significantly impact your financial future in retirement. With numerous options available, it's essential to understand the key factors to... read more →
There exists a persistent and concerning gender gap in superannuation. Women often find themselves disadvantaged compared to their male counterparts when building wealth for their golden years. Whether it is... read more →
The performance of your fund plays a pivotal role in securing your financial future. Superannuation is considered to be one of the primary sources for your retirement, after all. If... read more →
Superannuation is a crucial financial tool designed to provide Australians with a comfortable retirement. While it's generally a long-term investment, there are specific circumstances under which individuals are allowed to... read more →
Loans to members continue to top the list of reported contraventions in self-managed super funds (SMSFs), according to auditor contravention reports submitted for the 2019 to 2022 audit years. Constituting... read more →
A quick reminder to all Self-Managed Super Fund (SMSF) trustees about the upcoming deadline for lodging your SMSF Annual Return (SAR). The due date for submission is 28 February 2024.... read more →
Superannuation, often called 'super,' is a vital part of Australia's financial landscape. It's a retirement savings system that's intended to provide financial security in your golden years. However, despite its... read more →
One of the most common questions from those entering or nearing retirement is, ‘How much money can I have before it affects my pension?’ Our answer is usually derived from... read more →
A Self-Managed Super Fund (SMSF) is a unique and increasingly popular retirement savings vehicle in Australia. SMSFs offer individuals and families greater control, flexibility, and investment choices than traditional superannuation... read more →
While the hustle and bustle of operating and managing a business can occupy your mind, it’s important not to forget your superannuation obligations to your employees. Those who fail to... read more →
Superannuation planning is just as important as tax planning at the end of the financial year. As such, it is an area that needs to be carefully reviewed and checked... read more →
In some circumstances, superannuation contributions can be claimed on your tax return if they are made to a super fund or retirement savings account. However, these circumstances are limited and... read more →
There’s been a lot of buzz around superannuation since the 2023-24 Federal Budget was announced. One such buzz involves the concept of ‘payday super’. Payday super has been introduced by... read more →
As expected, the 2023-2024 Federal Budget has placed a strong emphasis on the cost of living and establishing a stronger, secure economy. From an SMSF perspective, we were pleased to... read more →
When it comes to investing, there is always a certain amount of risk involved. The key to a great investment strategy is to discern how much risk you are willing... read more →
Superannuation may not be the first thing that springs to mind as a self-employed individual, but just like how looking after your tax and business expenses benefits you, superannuation is... read more →
Superannuation payments need to be made to your employees, otherwise, stringent penalties can be implemented that could be financially more devastating to your business than simply paying their super.  Eligible employees... read more →
Superannuation can be confusing at the best of times for the average Australian. However, for those experiencing the effects of mental impairment (such as dementia), or living with those affected... read more →