It was a quiet night for superannuation, but the Federal Budget provided some ‘cost of living’ announcements that could give millions of Australians a cash boost over the coming months.
Set out below are the latest articles that relate to federal budget and superannuation.
The majority of Australians are already enjoying tax cuts and increased financial support in the form of tax offsets, with more to come.
Proposed changes allowing people to grow their super before and after retirement get the thumbs up from our panel of retirees and pre-retirees.
Tracey Spicer talks to industry experts, including Noel Whittaker, Stephen Huppert and Bina Brown, as well as Professor Susan Thorp and representatives of the SMSF Association, FPA, FSC, Super Consumers Australia and Women in Super about their takes on the 2021 Federal Budget.
Removing SG’s $450 per month threshold and the work test, Enhancing the FHSSS, Downsizing and the Pension Loans Scheme.
Tracey Spicer talks to industry experts, including Noel Whittaker, Stephen Huppert and Bina Brown as well as representatives of the FPA, SMSF Association, Super Consumers Australia and Women in Super about their take on the 2020 Federal Budget.
This year the headline announcements are the bringing forward of tax cuts already announced in the 2018 and 2019 Federal Budgets, but there are also some interesting announcements around superannuation.
The Federal Government’s updated economic outlook released last night includes a much more upbeat forecast for economic growth in 2021 than its earlier economic and fiscal update released in July.
Today Josh Frydenberg announced incentives for older Australians to contribute more to super, but these are a little disingenuous of the Liberals.
The Federal Budget may have been relatively unexciting from a superannuation point of view but there are some interesting insights to be gained from examining the Economic Outlook.
On 2 April 2019, Josh Frydenberg announced his first Federal Budget as Treasurer. There were only a handful of policies that directly relate to superannuation, but also tax cuts and a one-off energy payment for older Australians.