Written by John Maroney, CEO, SMSF Association First published in The Australian Financial Review on 29 April 2019. Licensed by Copyright Agency. With just a few months until the end of the financial year, now’s the time to be organising your DIY super fund. Here’s what to do. For SMSF trustees, the end of the…
Hear from the SMSF Association’s Head of Policy, Jordan George, as he covers the key changes announced in last week’s Federal Budget, which are most relevant to SMSFs and superannuation. These include: Superannuation work test changes Exempt current pension income SuperStream ALP superannuation policy https://vimeo.com/328349075/9573681d23 Disclaimer: The information contained in this document is provided for…
Government delivers surplus election friendly 2019-20 Federal Budget – Leaves superannuation largely untouched A surplus election budget is the news coming out of the 2019-20 Federal Budget. With superannuation left largely untouched, the Government focused on further personal income tax cuts. However, three key announcements include providing more flexibility for individuals to contribute at ages…
With the Federal Budget imminent, speculation as to what may be in the budget increases. Given the Labor party has announced a number of super proposals already, including the banning of excess refundable franking credits, the Coalition might look to use this election budget to attract voters who could be negatively impacted by Labor’s proposals.…
Opinion piece written by John Maroney, CEO, SMSF Association First published in The Financial Review on 26 February 2019. Licensed by Copyright Agency. Self-managed superannuation fund (SMSF) members need to think long and hard before winding up their fund. Although there are often compelling reasons for doing so, there are many factors to consider before making…
SMSF Association CEO, John Maroney interviewed by Tony Kaye, InvestSMART First published in The Constant Investor on 11 February 2019. SMSF Association CEO John Maroney discusses the Royal Commission, the Productivity Commission, FASEA and franking credits. Representing over 1.1 million Australians self-managing more than $720 billion in super assets, the SMSF Association is a powerful voice…
The SMSF Association has welcomed the Productivity Commission’s decision to follow our recommendations to improve SMSF advice standards and reject introducing minimum establishment balances as a way of ensuring the integrity of the SMSF sector. The Productivity Commission’s report into Superannuation was handed to the Australian Government on 21 December 2018 and publicly released yesterday. The report…
Written by Robin Bowerman, Head of Corporate Affairs at Vanguard/Vice Chair of the SMSF Association Critical challenges for super fund members in the accumulation phase are to keep their savings intact and to keep adding to those savings when possible with voluntary contributions. Australia’s $2.6 trillion-plus super savings can present a powerful temptation to obtain some of…
Written by Jordan George, Head of Policy, SMSF Association This article originally appeared in the July 2018 ASX Investor Update email newsletter and is published on the ASX website. The new financial year brings new reporting requirements for SMSFs and a new set of acronyms. From 1 July 2017 superannuation fund members are subject to…
Jordan George, Head of Policy, SMSF Association This article originally appeared in the June 2018 ASX Investor Update email newsletter and is published on the ASX website Age may just be a number, but it is an important factor in determining how the changes to the superannuation contribution rules apply to you. 65 and 75…
Enjoy the control and flexibilty that comes with managing your own super.