Super

Build a strong path to wealth with our superannuation news and insights.

Super savings could be available in an emergency

Severe financial hardship, terminal illness, specified compassionate reasons, permanent incapacity and other limited circumstances can serve as grounds for withdrawing pre-retirement or preserved super.  Strict rules do apply to accessing these funds. Overseen by the Department of Human Services, the “early release of superannuation” scheme allows super to be withdrawn in one or more of

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Artworks and collectibles may not be correctly accounted for, says ATO

To properly assess artworks and collectibles owned by taxpayers, the ATO says it is working with insurance companies to identify the owners of these sorts of assets. Artworks and collectibles may not be correctly accounted for, says ATO The ATO says it has identified instances where “lifestyle assets” are not being properly accounted for. It

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The objectives of superannuation: A submission on the future of super

This submission was in response to a request from the Federal Government for feedback on the objective of the superannuation system. We thank our members for their participation and responses. Objectives of Superannuation Download from here. This submission was in response to a request from the Federal Government for feedback on the objective of the

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Could your super savings be taxed after you’re gone?

The two may be the only certainties in life, but the ongoing community conversation about tax reform has spurred some commentators to combine death and taxes. On offer is a solution to the nation’s revenue problem by imposing a “death tax” on certain asset holdings. Could your super savings be taxed after you’re gone? Tim

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