The SMSF Association’s Technical Manager, Fabian Bussoletti is on the ground in Canberra for the 2024-25 Federal Budget.
Get the latest from the Association, as he unpacks all the key measures and impacts as it relates to the SMSF and superannuation sectors.
Join our policy and technical specialists as they unpack what you need to know from the Government’s Federal Budget.
9:45pm AEST
The SMSF Association Budget Summary has been pushed live and highlights the key and relevant changes.
7:30pm AEST
The Treasurer has delivered 2024-25 Budget, with papers released on the official Budget website.
Fabian is on the move, ready to give us all an update and member materials relevant to the SMSF sector.
4:30pm (AEST)
SMSF Association Technical Manager, Fabian Bussoletti, is at the Canberra Lock Up, ready and waiting for the Albanese Government to announce the
2024-25 Federal Budget.
MEDIA RELEASE
Government urged to prioritise pension amnesty in Federal Budget
The SMSF Association is urging Treasury to prioritise an amnesty for legacy pensions in the upcoming Federal Budget on May 14, following clarification about how these pensions will be valued under the proposed new tax on superannuation balances above $3 million.
This clarification follows concerns expressed by the Association that the draft regulations were insufficiently clear about how these pensions would be valued for the purposes of the new tax.
SUBMISSION
SMSF Association – Pre-Budget Submission
The SMSF Association welcomes the opportunity to put forward our 2024-2025 Pre-Budget submission.
We thank the Government and Treasury for the consideration given to our pre-budget submissions and the opportunity to engage on various matters.
Our submission seeks to highlight and address several key issues impacting on the SMSF and broader superannuation sectors. Simplification, review, and the modernisation of the sector are the overarching themes of our submission.
Join our policy and technical specialists as they unpack what you need to know from the Government’s Federal Budget.