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Australians are being asked to have their say on the superannuation and retirement income system, as the federal government considers
Question 1 I was reading the question fom a reader about “super being dangerous” and would like assure them super is good. We have two super accounts – Commonwealth Super … Continued
The post Ask the Expert: The big super mistake far too many people are making appeared first on The New Daily.
The cost-of-living crisis is driving a desire for Australians to raid their superannuation accounts to pay everyday costs, but fortunately for their long-term futures, that is not an option for … Continued
The post Early withdrawals from superannuation are a bad idea for retirement savings appeared first on The New Daily.
It wasn’t all that long ago that for most people retirement meant just getting by on the pension. No luxuries, no holidays, no spoiling the grandchildren. Such things were the … Continued
The post Wayne Swan: Superannuation’s benefits continue to stack up as ideologues attack appeared first on The New Daily.
Hundreds of thousands of Victorians are missing out on a combined $1 billion in superannuation each year. Industry Super Australia on Wednesday analysed the latest tax data, finding 642,000 workers … Continued
The post Victorians miss out on $1 billion in superannuation appeared first on The New Daily.
Calls by the Grattan Institute to cut superannuation contribution caps and tax all superannuation pension payments have been questioned by experts, who say more comprehensive tax reform would be better. … Continued
The post Increase GST rather than change tax on super, expert says appeared first on The New Daily.
Superannuation has proved its stability as an investment in troubled economic times. The average balanced fund made a gain of 1 per cent over the year to late March while … Continued
The post Super funds deliver stability for members as regulators call for more transparency appeared first on The New Daily.
The prime minister says he had a responsibility to act on making changes to taxes on superannuation, following departmental advice on multi-million dollar balances. While there had been broad community … Continued
The post We had a responsibility to act on super tax: PM appeared first on The New Daily.
A majority of voters approve of the government’s superannuation tax plan but Labor and Prime Minister Anthony Albanese have been marked down, the latest Newspoll shows. The poll conducted for … Continued
The post Newspoll shows voters approve of super tax plan appeared first on The New Daily.
Workplace Relations Minister Tony Burke has defended changes to taxes on superannuation, arguing tax concessions on retirement savings would soon cost more than the aged pension without intervention. The government … Continued
The post Tony Burke: Super account tax changes vital ‘to raise additional revenue’ appeared first on The New Daily.
