Several key super changes which may impact your ability to contribute to your SMSF, are set to take effect from 1 July 2022. These changes create opportunities for all SMSF members, young and old, to grow their retirement savings. What are the changes? Originally announced in the 2021 Federal Budget, the following changes apply from [...]
New research released New research released by the University of Adelaide provides tangible evidence of the benefits of investment diversification. In its report, titled “Understanding self-managed super fund performance” and using data from over 318,000 SMSFs between 1 July 2017 and 30 June 2019, the University of Adelaide explored the relationship between the investment performance [...]
Josh Frydenberg announced the 2021 Federal Budget last night, which focused on the unemployed, housing, mental health and aged care. In total the budget committed $9.46 billion over 5 years. The following is a summary of the budget announcements most relevant to growing businesses: Business tax concessions The Budget extends by one year two business [...]
COVID-19 has resulted in the most severe global economic crisis since the Great Depression. The 2020/21 Federal Budget is an attempt to lift the Australian economy, gain fiscal strength and provide support to keep Australians in work and businesses in business. The Budget further highlights additional support in response to the health and economic effects [...]
