Australian Superannuation

Planning for retirement is a crucial aspect of financial management, and superannuation is a cornerstone for many Australians. However, the decision of whether to contribute to superannuation can be influenced by various factors. In this article, we’ll explore the considerations involved in contributing to superannuation and help you make an informed decision about securing your …

Navigating Retirement: Should You Contribute to Superannuation? Read More »

The Australian Superannuation System is a crucial pillar of the country’s retirement landscape, designed to ensure that citizens have adequate financial security during their post-work years. Over the years, this system has undergone several changes to adapt to evolving economic conditions and demographic trends. In recent times, there have been significant updates to the superannuation …

Understanding the Impact of Recent Changes to the Australian Superannuation System. Read More »

A Comprehensive Guide In Australia, the concept of superannuation holds tremendous significance for individuals’ financial well-being in their post-retirement years. Understanding how Australian superannuation works and optimizing its benefits is crucial for long-term financial security. In this article, we delve into the ins and outs of Australian superannuation, exploring its features, contribution options, investment strategies, …

Unveiling the Power of Australian Superannuation: A Comprehensive Guide Read More »

Superannuation is an important component of personal wealth growth and long-term financial planning for many Australians.    By contributing to their superannuation accounts over time, individuals can accumulate a significant amount of wealth that can be used to support their retirement lifestyle.  The favourable tax treatment of superannuation also means contributions made by employers and …

Why is superannuation important to Aussies Read More »

Do you have employees? Yes, in such case you could have to make superannuation payments on their behalf! In general, you must pay super guarantee (SG) on top of an employee’s earnings if you pay them $450 or more (before tax) in a calendar month. In order to qualify, your employee must work more than …

Should You Pay Superannuation Read More »

Changes from 1st July 2021 will impact on how much money you can contribute to superannuation and how much you can have in your retirement phase superannuation account. In general, your superannuation is either in an accumulation account (when you are building your super), a retirement account (when you meet preservation age and certain conditions …

The 1st July 2021 Superannuation Changes Read More »

Generally, you can start withdrawing from your superannuation fund after you’ve reached your preservation age and you’re retired, but there are instances when you may be able to access super early.   Your super is designed to help fund your retirement, so generally, it’s only possible to withdraw your super once you’ve reached a ‘preservation …

When Can I Access My Super Fund? Read More »