New laws designed to protect your super from 1 July 2019
To protect the super balances of all Australians being eroded by unnecessary fees and costs, the Federal Government has introduced the “Protecting Your Super” reforms (formally titled Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018), which passed on 18 February 2019.
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2019 Federal Budget – Opposition reply
As we outlined on 3 April, the Government’s 2019 Federal Budget had a few proposed superannuation changes focused mainly on those aged over 65 years – with some benefits for members planning for retirement.
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