As we’ve noted already, there was a huge focus on superannuation in the last week of the election campaign, in particular, the change in the ‘downsizing’ rules. This proposal would mean that those wishing to put extra money into super, from the sale of a...
The detail you need to know Last week’s Federal Budget included a significant change to the rules regarding decumulation. In particular, how much money you are allowed to draw down from your super account post July 1, 2022. These changes have raised a lot of...
How can these rule changes increase your income? Big things are happening to super on July 1. These changes have the power to significantly improve income for older workers, Age Pensioners, and those aged 60-75. Here’s a summary of what you need to know...