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Early Withdrawal of Super

Early Withdrawal of Super

 "Early withdrawal of super" may leave youth $100k worse-off in retirement Federal Opposition steps up attacks on coronavirus support measures.  This allows people in hardship to withdrawal some super early. Labour said the Covid-19 economic crisis will greatly affect...

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Melbourne suffers under Lockdowns

Melbourne suffers under Lockdowns

Melbourne suffers under Stage 4 Lockdowns Melbourne continues to suffer under lockdowns.  Stage 4 lockdowns announced by Victorian Premier, Daniel Andrews, along with shutdowns of particular industries, are said to have delivered a hammer blow to the Australian...

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Why has the Sharemarket rallied?

Why has the Sharemarket rallied?

We're in the midst of a global recession... The COVID-19 pandemic led to a global recession unfolding within the space of two months, with share markets collapsing and then staging a strong recovery. Markets have performed strongly even as we remain in the midst of...

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The $10k Cash Call

The $10k Cash Call

The $10k cash call: Why large payments are on the scrapheap Opposition is mounting against a federal government bill to ban cash payments over $10,000, the $10K Cash Call. This raises concerns it will push customers into the clutches of banks or other financial...

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Boost Super with the Work Test Exemption

Boost Super with the Work Test Exemption

If you’re a recent retiree and looking to increase superannuation savings, we’ve got some good news!

The Australian Government is proposing to make it easier to boost super with the work test exemption.  For recent retirees, you can save more super by contributing for a year without having to show you’ve been ‘gainfully employed’.

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Should I care about lost super?

Should I care about lost super?

Lost Super stats Did you know there is about 14.8 million Australians with a superannuation account?  Around 40% hold more than one superannuation account? Some of that 40% makes up the $18 billion in ‘lost super’. Is some of that yours?  Should you care about lost...

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