Understand which contributions are before-tax or after-tax and how super and tax rules apply to them. Tax and restrictions on contributions Your superannuation is usually taxed at a lower rate than most income and investments. However, if your contributions exceed thresholds (called ‘caps’) that apply to concessional and non-concessional contributions,
Significant reforms to the Australian superannuation system are about to take effect and could help people boost their super balances in the lead-up to retirement. They are being billed as the biggest changes in decades to the superannuation system in Australia and the reforms may support improved retirement outcomes for
Why not all tech stocks are benefiting from the AI boom For Australian investors with a keen interest in markets – and technology shares in particular – the past 12 months haven’t exactly been straightforward. On one hand, U.S. tech stocks are hitting record highs, with headlines dominated by surging
Two brothers – Paul Issa and Phillip Issa – ABC News Breakfast it was “appropriate that charges have been laid” and that: accessing anyone’s privacy, any Australian’s privacy, is alarming. Regardless of the outcome of this case, these allegations raise some obvious questions. Who – among bank staff, regulators, technology
How self-managed super funds (SMSFs) are taxed, what is assessable income, and what are allowable deductions. Tax on income Self-managed super funds (SMSFs) must pay tax on their assessable income. The most common types of assessable income are: assessable contributions net capital gains interest dividends rent. A complying superannuation fund
Picking an investment strategy depends on your life stage, income needs and tax factors When considering a strategy for investing in shares, a good question to consider is do you prefer generating steady income, or pursuing long-term growth? Your answer will more than likely determine whether you focus on dividends
Stay up to date with what’s happened in the Australian economy and markets over the past month. June delivered a mixed picture for the Australian economy as the new financial year begins. Headline inflation eased, but underlying inflationary measures rose to their highest level in almost two years, reinforcing expectations that interest rates may
Downsizing at a glance Downsizing your home can reduce the size of your mortgage and ongoing running costs in some situations, but buying and selling costs can add up. Your equity and loan to value ratio (LVR) can affect your next loan options and costs, including whether lenders mortgage insurance
Spot the warning signs of barter credit tax schemes before they cost you. This tax time, it’s important to steer clear of a Arrangements to improperly access deductions for donations of ‘barter credits’, the tax scheme involves an individual or business paying for access to barter credits and donating them to
Australians scammed out of A$3,000 or less could be able to claim automatic reimbursement from banks, phone companies or tech companies, under – $3,000 starts to look like an oddly low threshold. Who would win under the new proposal? The federal government has just released new details of its Scam
If you’re a temporary resident of Australia, how to claim your superannuation when you leave. Eligibility for Departing Australia superannuation payment (DASP) If you’ve worked in Australia on a temporary visa, you may have accumulated superannuation that has been paid by your employer under the compulsory super guarantee. You may
The Support at Home program was introduced in November 2025 and replaced the Home Care Packages Program and the Short-term Restorative Care Programme. This completely changes how older Australians access in-home care. Additional changes have been introduced since, which means that the Australian Government will fully fund personal care
