As from 1 July 2020 you can continue to contribute to superannuation up to the age of 67 (previously 65) without having to pass the work test. This brings this rule in line with the age pension eligibility test. If you are over 67 you have to pass
The superannuation guarantee amnesty is back in the news. The federal government introduced a 2019 bill late last year which has passed the lower house and has now gone to the Senate for their deliberation. The bill is designed to encourage those
A reminder that the Super Guarantee payment is due by 28th January 2020. To ensure funds are cleared into the super funds, it is best to pay this by 21st January 2020.
Super legislation changed on 2nd October 2019 whereby super funds with low balances i.e. below $6,000 are to be protected from insurance premiums eroding the fund balance. Trustees of funds are required to write to fund members requesting whether