News & Cases

  • I’m retired, can I make superannuation contributions?

    There’s a lot of legislation when it comes to superannuation and making superannuation contributions. To make sure you don’t find yourself in hot water with the ATO, do your research and brush up on any changes effecting superannuation law, especially if you are planning on contributing to your fund. Read All

  • Superannuation and employees

    If you’re currently working as an employee in Australia you’re probably entitled to receive superannuation guarantee (SG) contributions, while that is true, SG contributions (contributions from your employer) are only mandatory once you’ve satisfied the minimum conditions. Below is a list of conditions you must fulfil in order to be eligible to receive SG contributions, it also outlines the obligations your employer has when it comes to paying your super. Read All

  • Introduction of Low and Middle-Income Tax Offset

    On 8 May 2018, as part of the 2018 Federal Budget the coalition government introduced a new tax measure referred to as the Low and Middle-Income Tax Offset. The new tax offset knows as LAMITO – Low and Middle Income Tax Offset was introduced as a measure to revise personal income tax rates. Read All

  • 2018 Federal Budget update

    The 2018 federal budget has been handed down by Treasurer Scott Morrison The following is a summary of announcements we feel are relevant to our lovely clients. Challenger has produced a summary which we have taken the liberty of copying for your information. Read All

  • Tips for Making Super Contributions if you’re over 65

    As an Australian, you are eligible to make super contributions up to the age of 74. These contributions can either be non-concessional (after-tax) contributions, such as personal contributions or they can be concessional (before-tax) contributions, such as super guarantee contributions or salary sacrificed superannuation contributions. Read All

  • Which Superannuation fund is right for me?

    The vast majority of Australians have a Superannuation fund in place. With so many choices, you could be forgiven for wondering which Superannuation is the right one for me. Knowing the features of each fund can help you make that decision. Below is a list of all the different types of super funds are offered and their key features. Read All

  • Helpful Tips When Comparing Super Funds

    As with any financial decision, choosing a super fund to invest your retirement money takes thought and careful consideration. With the growing number of super funds available, choosing just one fund can not only be tricky but also quite daunting. Read All

  • The Age Pension: Do You Qualify?

    Simply put, an age pension is the main source of income support for people who have reached the Age Pension age. It provides an income stream for life for those Australians who meet the eligibility requirements and is a taxpayer-funded retirement type income stream. Read All

  • Age Pension: Do You Qualify?

    Simply put, an age pension is the main source of income support for people who have reached the Age Pension age. It provides an income stream for life for those Australians who meet the eligibility requirements and is a taxpayer-funded retirement type income stream. In order to be considered for the age pension you must have reached a certain age, known as the pension age, meet residency requirements and you must pass the age pension assets test and the age pension income test. So how do you know if you are eligible for an age pension and if you meet the requirements? Read All

  • Bill Shorten Wants to Axe Imputation Credits

    If you’ve been keeping up with the news lately you may have heard of Labor Leader Bill Shorten’s policy proposal to end cash refunds on excess imputation credits. His latest proposal aims to shut down the imputation scheme created by John Howard and Peter Costello, which allows individuals and super funds to claim cash refunds on excess franking credits. Read All