Just like in Star Wars IV (actually, it was the first episode in the series made back in 1977), the Coalition Government in winning the Federal election has provided a ‘new hope’ for the SMSF industry. There was genuine concern about just what impact a Labor Government would have had for the sector, given that…
With a federal election not far away and the Government now in ‘caretaker mode’, any outstanding Bills within Parliament have now dissolved. Given the level of activity over the past six months or more, it would be very easy to be confused about what has become law and what actually didn’t make. Therefore, we’ve provided…
The federal budget wasn’t expected to be overflowing with changes to superannuation and yet the outcome delivered by the Treasurer, Josh Frydenberg confirmed this to be the case. We had already seen the Government announce a measure from 1 July 2020 to boost the ability for members aged 65 and 66 to be able to…
After all the fanfare by the Coalition Government to increase the number of members within a SMSF to six (6) members in response to Labor’s proposed measure to ban franking credit refunds, this item on budget night has died and will not proceed. After introducing Treasury Laws Amendment (2019 Measures No. 1) Bill 2019…
With an election just around the corner, this year’s federal budget is expected to be lined with sweeteners. Even before the budget is delivered we have seen the Treasurer announce a boost for those closer to retirement (or in early stages of retirement) to be able to make both concessional and non-contributions into superannuation. From…
