Latest news articles
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
Latest media releases
Promising future predicted for SMSF sector
The long-term outlook for self-managed super funds (SMSFs) is promising and exciting as an increasing number of younger people want to take control of their personal finances, the SMSF Association
Large super balances a ‘legacy issue’ that time will resolve
The SMSF Association remains firmly opposed to the introduction of a cap on superannuation balances, the Association’s Head of Policy and Advocacy, Tracey Scotchbrook, told the National Conference today. While
NALE – solving a problem that no longer exists
The Federal Government’s non-arm’s length expenditure (NALE) consultation paper fails to address the problems caused by the 2019 amendments, the SMSF Association’s Deputy CEO / Director of Policy & Education,
SMSF Association backs Government’s objective for super proposal
The SMSF Association is lending its support to the Federal Government’s proposal to legislate the objective for superannuation. Association Deputy CEO / Director of Policy & Education, Peter Burgess, says:
Latest submissions
SMSF Association Submission – Joint Submission to ALRC – Interim Report B
SMSF Association Submission Re: Australian Law Reform Commissions Review of the Legislative Framework for Corporations and Financial Services Regulation – Interim Report B Chartered Accountants Australia and New Zealand, CPA
SMSF Association Submission – Exposure draft: Superannuation Auditor Registration Imposition Regulations 2022
SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission in response to the Government’s proposed remaking of the Superannuation Auditor Registration Imposition Regulations. We welcome the
SMSF Association Submission – Financial Services Compensation Scheme of Last Resort Levy Bill 2022 [Provisions] and Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2022 [Provisions]
SMSF Association Submission Chartered Accountants Australia and New Zealand, CPA Australia, the Financial Planning Association, the Institute of Public Accountants and the SMSF Association support the implementation of a ‘true’ compensation
SMSF Association Submission – CA ANZ, CPA Australia, FPA, IPA & SMSFA Joint Submission: Exposure Draft – Corporations Amendments (CSLR) Regulations 2022, Financial Services Compensation Scheme of Last Resort Levy Regulations 2022
SMSF Association Submission Chartered Accountants Australia and New Zealand, CPA Australia, the Financial Planning Association, the Institute of Public Accountants and the SMSF Association support the implementation of a ‘true’ compensation
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