In 1992, the government made superannuation compulsory to ensure that every working Australian saved for their retirement. The policy aimed to address the challenge of retirement income in three ways.

Government legislation allows your spouse to make spouse superannuation contributions for you if you earn up to $40,000, and claim a tax offset. If you earn below $37,000, your spouse can claim the maximum tax offset of $540 when they contribute at least $3,000 to your super. Find out more.

The Australian Taxation Office (ATO) has released the key superannuation rates and thresholds for the 2019 – 2020 financial year.

There are many ways to secure your income, but whether you decide to hold income protection insurance within superannuation or not depends on your situation. Read more.

Are you ready for Single Touch Payroll? New obligations for any-sized business from 1 July The government’s Single Touch Payroll (STP) reporting scheme has now been extended to include all small employers (those with fewer than 20 employees) from 1 July 2019. Larger employers should already be reporting through STP or have applied for a […]

2019 Federal Budget Review What do the changes from the 2019 Federal Budget mean for you While the superannuation budget announcements were quite limited in this year’s budget, there were a few important changes worth noting for super members. Read on to find out about the proposed changes, what this means for you, and what […]