News

Listen: Two views on increasing the super contribution

- November 27, 2020 2 MIN READ

The increase in the compulsory superannuation contribution, legislated to rise next July from 9.5% to 10%, is being fiercely debated following the release of the retirement income report. In this podcast we hear the views of Brendan Coates, Director of the Household Finances Program at the Grattan Institute and Greg Combet, former Labor minister, and… Read more »

News

Ombudsman calls for small business to act before super amnesty ends

- July 27, 2020 < 1 MIN READ

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is reminding small businesses they have until September 7, 2020, to declare any errors in superannuation payments to staff, without facing harsh penalties. “This applies to the superannuation guarantee amnesty legislation passed from 1 July 1992 to 31 March 2018,” Ms Carnell says. “Small businesses… Read more »

advice
News

Joint body aims to provide simplified advice around super and stimulus packages

- April 14, 2020 2 MIN READ

CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ), SMSF Association (SMSFA), Financial Planning Association (FPA) and Institute of Public Accountants (IPA) have joined forces to ensure Australians can get the advice they need to understand the Federal Government’s COVID-19 economic packages, including early access to their superannuation. Thanks to a decision handed down… Read more »

super
News

Accessing super funds should be a last resort

- March 24, 2020 2 MIN READ

“Members should tread carefully and only think about cracking open their super after they’ve taken up the extra cash support on offer from the government,” advises Industry Super Australia CEO Bernie Dean in response to the governments’ announcement that people could access super funds during the coronavirus crisis. “Super should be the last resort, given… Read more »

News

New Super fund aims to tackle gender gap in retirement funds

- October 29, 2019 2 MIN READ

A  new super fund aims to address the gender gap that is forcing Australian women into poverty when they reach retirement. Many Australian women’s super contributions have been affected by forced breaks from work due to family caregiving. When this is combined with the gender pay gap, which sees women earning less than male counterparts,… Read more »

Finance

What the Royal Commission means for small business

- July 6, 2018 3 MIN READ

Peter Strong, CEO of COSBOA (council of small business organisations Australia) suggests its time the Royal Commission turned its attention to superannuation and recommends a new way forward for small business owners… The Banking Royal Commission has highlighted a range of issues for small business people.  It has certainly highlighted that we are people, we… Read more »