Month: August 2020

The Government has decided to extend a lower JobKeeper for a further six months (13 fortnights) from 28 September this year, with eligibility based on actual rather than projected turnover declines.

It's a question most of us ask eventually: what happens to our investments when we die?

In the current low interest rate environment, an investment product offering low-risk, high returns may sound very tempting.

Superannuation fund members facing financial hardship have been given an extended window to access retirement savings under the early release scheme.

The ATO has expressed concern that some trustees with diminished pension account values may be putting themselves at risk of exceeding their transfer balance cap by commuting their pension and then topping it back up.

The ATO has expressed concern that some trustees with diminished pension account values may be putting themselves at risk of exceeding their transfer balance cap by commuting their pension and then topping it back up.

2020, a year that will be marked in history by a pandemic that had devastating effects on global health and economic activity to individuals and nations across the world.

The government now expects around $42 billion to be removed from the super system as a result of the early release scheme, having revised up its initial estimates of $27 billion at the start of the scheme.