The superannuation guarantee charge (SGC) applies when employers don’t pay the minimum amount of superannuation guarantee (SG) for their eligible employees to the correct fund by the due date. The minimum SG is calculated as a percentage of each eligible employee’s earnings (ordinary time earnings) to a complying superannuation fund or retirement s...

The new ‘stapling’ rules mean employees will keep their same super account (if they have one) when they change jobs, unless they choose their preferred super fund.

Many Australian retirees find that they want a smaller home, or a home more suited to their empty-nest requirements. For some, selling the family home can be a great way to release built-up equity to pay for retirement living expenses or in-home support that will allow them to stay at home longer. Older Australians are the beneficiaries of the fed...

After months of debate, the significant superannuation changes first announced in the Federal Budget in May have finally been legislated, albeit in a different form from what was initially envisaged. In this newsletter, we will focus on these important changes and their implications, particularly for those with Self Managed Superannuation Funds (‘S...