Jul 3, 2025 | Superannuation
If retirement is on the horizon and you have a large amount of accrued leave, you may well be contemplating whether to take a big holiday now, or just take the lump sum payment when you retire. There are some tax, super and possibly social security implications you...
Jul 3, 2025 | ATO, Superannuation
Are you worried about rumours claiming your super preservation age will change from 1 June 2025? Take a deep breath – the ATO has confirmed these claims are false. The ATO has recently issued a warning about misleading information regarding supposed changes to...
Jul 3, 2025 | Superannuation
The way superannuation is paid may be about to undergo a significant transformation. The Labor government’s proposed “payday super” reforms would require employers to pay employees’ superannuation contributions within seven calendar days of every payday. Draft laws...
Jul 3, 2025 | Superannuation
In the wake of recent cyber-attacks on several large Australian super funds, you might be wondering how to protect your retirement savings. The past few years have seen significant data breaches from well-known Australian companies outside of the superannuation...
Jul 3, 2025 | Superannuation
The December 2024 Consumer Price Index (CPI) number has been released, confirming that the superannuation general transfer balance cap will increase by $100,000 to $2.0 million for the 2025–2026 income year. The transfer balance cap was introduced in 2017, and...
Jul 3, 2025 | Superannuation
Choosing the right investment option for your superannuation is important for your retirement savings. It’s essential to understand the different types of investment options and their associated risks to ensure you choose the one that’s right for you. Super funds...