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Superannuation changes announced by the Australian Government will start on 1 July 2017 – with retirees amongst some of those who may be affected. To debunk some of the misconceptions surrounding the reforms, the Australian Taxation Office (ATO) have outlined five of the most frequently asked questions, to help retirees prepare for and better understand …
Following the budget, The Association of Superannuation Funds of Australia (ASFA) has said while not as substantial as the landmark reforms in last year’s Budget, this year’s package of superannuation-related measures announced by the government will nonetheless have a wide-ranging impact.
Successive Australian governments are usually judged on how they balance the budget and spend taxpayers’ dollars. The stereotypes are that Liberal governments keep a tight hold on the purse strings, while Labor governments are spendthrifts. Alan Duncan and Rebecca Cassells explain in some simple charts, just how past and present governments have been spending our dollars.
The first release of data from the 2016 Census shows the typical Australian woman spends between five and 14 hours a week doing unpaid domestic housework. For the typical Australian man it’s less than five hours a week, suggesting women still assume the lions’ share of the housework writes Leah Ruppanner.
Labor will promise to ban direct borrowing by self-managed superannuation funds, as part of a housing affordability policy released on Friday to pre-empt the government’s package in next month’s budget writes Michelle Grattan, University of Canberra.
The Association of Superannuation Funds of Australia (ASFA) is calling on the Commonwealth Government to better fund the tax office to audit businesses for unpaid superannuation entitlements and for super to be included in the definition of unpaid employment entitlements under the Fair Entitlements Guarantee.
Have you ever considered a career change later in life? After 25 years, Tony Wilson did and has never looked back. For many people, the pressure of caring for a loved one as they battle a degenerative disease can be overwhelming. And for those caring for a parent with Alzheimer’s disease, the emotional impact of …
The Association of Superannuation Funds of Australia (ASFA) today released its Retirement Standard updates for the December 2016 quarter showing a slight increase in the cost of living for retirees.
St.George Bank is calling on seniors to drop by their local NSW branch this week for a cup of tea, a chat, and tips on how to get tech savvy with internet banking.