Category: News articles

Did Active Managers Find Opportunities to Outperform in 2022?

Content provided by S&P Dow Jones Indices | Proud partner of the SMSF Association After dropping 9.9% in the first six months of the year, the S&P/ASX 200 rose 9.8% […]

Think new $3m super cap won’t affect you? Here’s how it could

First published in the Financial Review on 23 March 2023. Unintended consequences could include insurance payouts, non recourse property loans and even death benefits. The government’s decision to introduce a […]

Superannuation Rates and Thresholds

Each year, several key superannuation rates and thresholds are indexed in line with movements to Average Weekly Ordinary Time Earnings (AWOTE) or Consumer Price Index (CPI).Following the release of these […]

Government provides clarity on proposed cap on high super balances

Following the Government’s release of the 2022-23 Tax Expenditures and Insights Statement, a media release issued by ministers Jim Chalmers and Stephen Jones on Tuesday heralded the pending arrival of […]

Financial advice review leaves accountants out in the cold

First published in the Financial Review on 23 February 2023. The Quality of Advice Review has a lot of good stuff, but the conversation is ongoing for specialist advisers and […]

Transfer Balance Cap set to increase – and benefits for Non-concessional contributions

Following the release of today’s CPI figure by the Australian Bureau of Statistics, the General Transfer Balance Cap (TBC) is set to increase from $1.7 Million to $1.9 Million, from […]

NALE consultation paper released

The Government has today released a Consultation Paper putting forward options to amend the NALI provisions to address the potential for disproportionately severe outcomes for breaches relating to general expenses. […]

Why you need more than just $200,000 to start your own super fund

First published in the Financial Review on 23 January 2023. It’s not only about the starting amount, says the regulator – illustrating the point with two different case studies. For […]

Run your own super fund? This is what to watch out for in 2023

First published in the Financial Review on 27 December 2022. With government proposals to cap large super balances, there are four key issues to consider. There will be no shortage […]

The perils of missing a payment – SMSFs with corporate trustees

The ATO is reminding SMSFs with a corporate trustee to pay their ASIC Annual Review fee or risk severe ramifications. With over 65% of the SMSF population having a corporate […]