In the May 2010 Federal Budget, the Government announced a tax discount on interest income derived from savings products, to take effect from 1 July 2011. The tax discount policy was intended to allow Australians to claim a 50% tax discount for the first $1,000 of interest they earn, including … [Read more...]
Are you planning to support yourself over a 30-year or even 40-year retirement or do you think Australia can afford to finance your retirement? The superannuation industry and the Federal Government continues to grapple with this issue, that is, whether Australia will continue to be in a position … [Read more...]
This article is the first in a series of articles on annuities, to be published by SuperGuide over the next few months. The Global Financial Crisis, and the financial carnage that followed, devastated the value of many Australian retirement portfolios. For some retirees and prospective retirees, … [Read more...]
