Australian Superannuation Changes 2021

Australian Superannuation Changes 2021

In this article we provide a snapshot of Australian superannuation changes which come into effect on 1 July 2021 and their implications. Below we cover: Super guarantee rate changes New stapled superannuation employer obligations for new staff Superannuation contributions caps Transfer balance cap Minimum superannuation drawdown If you have any questions about superannuation implications for…

HomeBuilder Grant

$25k HomeBuilder Construction Grant

A $25k HomeBuilder construction grant has just been announced by the Federal Government to give eligible Australians a helping hand and to boost the construction industry. This is good news for those planning on building their dream home or carrying out major construction work on their existing owner occupied house. The aim of the scheme…

refinance Brisbane

Refinancing to Save Money

Have you thought about refinancing to save money? Everyone is always looking for new ways to save some extra cash, especially in these uncertain times. With the lowest ever interest rates there has never been a better time to consider refinancing. Chances are if you’ve been with the same lender for a number of years…

stimulus package

Coronavirus Stimulus Package

Here is an outline of the Coronavirus stimulus package proposals made by Scott Morrison this week to help Australians weather the economic impacts of Coronavirus. Importantly this package is a proposed package and the changes are not yet in effect until passed into Legislation. Instant Asset Write Off Currently the instant asset write off is $30,000 for small…