We received several questions from members during the SMSF Industry Update webinar held on 9 March 2023 regarding the Government’s proposed $3m measure. To provide the best possible responses, our […]
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% […]
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 […]
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 […]
SMSF Association Joint Submission Chartered Accountants Australia and New Zealand, CPA Australia, Financial Planning Association, the Institute of Public Accountants and the SMSF Association welcome the opportunity to respond to the Rationalisation […]
The SMSF Association has thrown its support behind the Federal Government’s decision to initiate a Treasury review of the managed investment schemes (MIS) regulatory framework. The review, announced yesterday by […]
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 […]
The Federal Treasury’s Fact Sheet explaining how the tax on earnings on balances exceeding $3 million will be calculated is a mixed blessing for self-managed super funds, says SMSF Association […]
But a ‘threshold’ preferrable to a ‘hard cap’ The SMSF Association remains opposed to the introduction of a new threshold on superannuation balances, believing it will add further complexity and […]
The recommendations of the Quality of Advice (QOA) Review will make financial advice more accessible and affordable for consumers. That was the consensus of four industry experts at a Q-and-A […]
