Superannuation strategies

Set out below are all SuperGuide articles explaining Superannuation strategies.

Want investments that help you sleep? Understand your risk profile

Everyone is different and when it comes to investing, some people find themselves tossing and turning in bed, while others sleep easy. As an investor or super fund member, the key to getting a good night’s rest is to pick the investments (or investment options in your super fund) that match your … [Read more...]

Excess contributions rules: A quick summary

If you plan to make superannuation contributions to a super fund, you need to be mindful of the contributions caps for both concessional (before tax) contributions and for non-concessional contributions. You also need to understand the financial (or other) consequences of exceeding those … [Read more...]

Temporary Budget Repair Levy: More income tax for high-income earners until June 2017

Note: Previously, in rare bipartisanship, the ALP supported the Coalition’s decision to temporarily increase the marginal tax rate by 2 percentage points for those Australians earning more than $180,000. The higher tax rate became law, and applies from 1 July 2014 until 30 June 2017 (3 financial … [Read more...]

Liberals to impose $1.6 million cap on pension start balances

Note: The proposed policy will apply to both existing and new pension accounts from 1 July 2017, which means the policy will apply retrospectively. Based on federal treasurer Scott Morrison’s comments after announcing the 2016 Federal Budget, he claims this policy is not retrospective, that is, it … [Read more...]

The short story on super contributions limits (2016/2017 year)

You can make two types of superannuation contributions – concessional (before-tax) contributions and non-concessional (after-tax) contributions – and each type of contribution has a separate limit. Concessional contributions Before-tax contributions, such as compulsory Superannuation Guarantee … [Read more...]

Superannuation contributions: Wearing two caps for 2016/2017 year

Q: Are the caps relating to ‘concessional’ and ‘non-concessional’ contributions regarded as separate? Put simply, can I contribute $30,000 concessional and $540,000 non-concessional sums (a total contribution of $570,000) to my super fund for the 2016/2017 year?A: The contributions caps are … [Read more...]

Financial advice guide: What to expect when you talk to an adviser

Once you decide you need help from a financial adviser, for many people the process of actually getting professional assistance with their finances remains a mystery.Despite what you may think, financial advice is a two-way conversation. You need to do a bit of homework beforehand and give the … [Read more...]

Superannuation changes: What rules apply for the 2016/2017 year?

Although the newly elected Coalition government has announced significant amendments to Australia’s superannuation rules, many of the big-ticket super policies are not changing, and many of the proposed changes will not apply for the 2016/2017 year.Apart from the $500,000 lifetime after-tax … [Read more...]

Cashing in on the co-contribution rules (2016/2017 year)

Note: This article explains the co-contribution rules for the 2016/2017 year (and later in the article, also for the 2015/2016, 2014/2015, 2013/2014, 2012/2013 and 2011/2012 years).The federal government is giving away money to anyone who makes a non-concessional (after-tax) contribution to … [Read more...]

IMPORTANT: SuperGuide does not provide financial advice. SuperGuide does not answer all questions posted in the comments section. SuperGuide may use your question or comment, or use questions from several readers, as the basis for an article topic that we publish on the SuperGuide website. We will not disclose names or personal information in these articles. Comments provided by readers that may include information relating to tax, superannuation or other rules cannot be relied upon as advice. SuperGuide does not verify the information provided within comments from readers. Readers need to seek independent advice about their personal circumstances.