The 2016 Budget and whatever the outcome of July’s 2016 Federal Election inevitably points to a major redesign of super concessions aimed at lessening their attraction to higher income and wealthier clients.
2016 Budget
SUPERCentral News, Issue 142 May 2016, Budget Edition
Last week was so long ago It was only a week ago that that the Government announced the most significant changes to Superannuation in the past 10 years. The Big Picture – ScoMo up front and close There are two changes which implement the Government’s objective: namely the new contribution caps and the pension transfer […]
SISFA’s 2011 submission finds favour in 2016 Budget
SISFA would like to thank the Minister for adopting many of the superannuation measures detailed in our earlier submission of 5 February 2016 SISFA welcomes the announcement of key measures in the Treasurer’s Budget speech of 3 May 2016 that were an integral part of our submission in September 2011 to the Minister for Financial […]
Don’t panic! Change to superannuation is here to stay
What is clear from this week’s Federal Budget (and Labor’s response) is that no Government plans to leave superannuation untouched. The real work now is to look at what this means for current and future retirement plans.