2020 FEDERAL BUDGET

Financial planning

Although the Federal Government promised backdated tax cuts in the budget, the Institute of Public Accountants says these won’t be realised until the end of the year....

Financial planning

The Federal Budget has not done enough to address systemic weaknesses in the economy according to a super fund but the Assistant Minister for Superannuation, Financial Se...

Financial planning

The Federal Budget lacks any measures to improve the access of financial advice nor does it have measures to support self-funded retirees, the Association of Financial Ad...

Superannuation

Superannuation funds will have to pass an objective performance test to be able to take on new members under new arrangements announced in tonight’s Budget....

Financial planning

As expected, the Government has moved to bring forward by two years its promised Stage Two Income Tax cuts....

Superannuation

The Australian Taxation Office has been funded to extend its targeting of serious and organised crime in tax and superannuation for another two years....

Financial planning

The Financial Services Council has welcomed the Government’s Budget changes to superannuation while others are seeking more detail....

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