Measures to tackle home affordability were a key focus of this year’s Federal Budget, along with a company tax cut, an increase in the Medicare levy, changes to school funding models and the introduction of a new bank levy.
On Thursday 23 June, a referendum was held in the United Kingdom (UK) regarding leaving or staying in the European Union (EU). The British people have now voted and the outcome was a majority voting to leave the EU.
A number of key superannuation changes were announced in last night’s Federal Budget, making this a very significant Budget for superannuation.
WA Super's underlying costs are not actually increasing to the extent that the change in indirect cost ratios (ICRs) would indicate.
West Australian based super fund WA Super has appointed Towers Watson as asset consultant of its investment portfolio.
West Australian based super fund WA Super has appointed J.P. Morgan Investor Services as custodian of its $2.5 billion investment portfolio.
The date for employers to be SuperStream ready is fast approaching. To help employers get ready for the changes to how superannuation is paid, the Australian Taxation Office (ATO) is hosting a free breakfast information session in Bunbury on Monday 20 April.
This year in the lead up to International Women’s Day on 8 March 2015, the Association of Superannuation Funds of Australia (ASFA) is urging all women to take 60 minutes out of their day to sort their superannuation in the 'Super Sorter Power Hour'.
WA Super is thrilled to announce they will accept eligible contributions transferred from KiwiSaver.
WA Super today announced its new look Trustee Board.
The appointments of Simon Withers, Therese Ryan, Sharon Hicks and David Moroney add significant depth to an already-experienced team.
Retirement is about enjoying the rewards earned through hard work and sacrifice. You have spent years building assets to provide your family with a comfortable life and years planning to create a comfortable retirement for yourself.
Each month we will explore a different topic in Take 5! This month we look at 5 of the most important changes announced in the 2014 Federal Budget.
While many across the country took advantage of the alignment of Easter and Anzac Day to take an extended break, speculation in relation to the Federal Budget to be handed down on 13 May continued unabated.
The 2013 Federal Budget announcements made on 14 May were largely non-surprising with virtually all major announcements from a wealth perspective, having been rumoured and confirmed in the days and weeks leading up to this night.
The Tax Office has announced that it will issue advices to Australian business owners on new superannuation obligations to ensure they are adequately prepared.
Recently the Government announced a number of future reforms to Australia’s superannuation system. These proposed reforms are focussed on the fairness, sustainability and efficiency of the superannuation system. However, most importantly, these changes are not yet law, and the Government has indicated it is unlikely they will be introduced into Parliament before the Federal election in September 2013. They will instead form part of the Government’s election policy platform.
ME Bank has further reduced it’s 3-year fixed Super Members Home Loan (SMHL) Standard Home Loan rate to 4.99% p.a. (comparison rate 5.66% p.a.).
This is currently the lowest 3-year fixed home loan rate in the market and the lowest ME Bank has ever offered.
ME Bank has today reduced its Super Members Home Loan Standard Home Loan^ three-year fixed rate to 5.39% p.a., which is the lowest rate currently on the market, and
the lowest ME Bank has ever offered since becoming a bank in 2001.
On 8 May 2012, the Federal Government handed down its Budget for 2012/13.
It would be fair to say that everyone will be impacted in some way by the measures contained in the Budget itself, or by other recent announcements from the Government that will apply from 1 July 2012.