Our latest insights

The Labor Government hasn’t secured the necessary crossbench support to pass its proposed tax on superannuation accounts exceeding $3m. As of the most recent sitting of Parliament this week, the Bill has not been included in the government's list of priority legislation, raising questions about its viability and the likelihood of it being enacted into law.

If you have any questions about the changes to superannuation, our national Superannuation team are here to help.

The Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2024 was passed by Parliament and received Royal Assent on 28 June 2024.

The new financial year brings many changes and thresholds that trustees and members of a Self-Managed Super Fund (SMSF) need to be aware of.

One of the fundamental rules for a self-managed superannuation fund (SMSF) is the general prohibition on borrowing.

As we enter the final week of the financial year, here are some things to consider when it comes to your superannuation.

Property has always been a favourite investment class for Australians over the years. However, the ability to use your biggest and most important asset for retirement to get exposure to direct property can be quite limited in the industry and retail fund landscape, which many Australians have.

The new superannuation contribution caps introduced from 1 July 2024 have provided the opportune time for taxpayers to strategise on how they can maximise their superannuation.

The Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other Measures) Bill 2023 and the Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023 were introduced in the Parliament of Australia yesterday, 30 November 2023.

The controversial Treasury Laws Amendment (Better Targeted Superannuation Concessions) Bill 2023 was released on October 3 for consultation to enact changes to superannuation tax concessions.

The cap on the amount of superannuation benefits that can be transferred into retirement pension phase (known as the Transfer Balance Cap) having been recently increased by indexation to $1.9m from 1 July 2023 and all Self-Managed Superannuation Funds (SMSF) with members in the retirement phase will be required to report certain events that affect their members’ Transfer Balance Accounts (TBA) on a quarterly basis from 1 July 2023.

Our specialist self-managed superannuation team recently presented at the Affinity webinar, Superannuation update: Staying ahead in an ever-changing landscape. We have summarised the key takeaways to assist you with servicing your clients