Money

Super & Funds

Scott Morrison softens super reform

Scott Morrison has promised to protect self-managed super fund trustees who bought property prior to budget night.

EXCLUSIVE: Treasurer Scott Morrison has promised to remove some of the retrospective aspects of the proposal in last month's budget to limit contributions to superannuation.

Super strategies for 2017

Superannuation will be less attractive than paying off the mortgage for younger taxpayers.

​Investors have one year to restructure their superannuation strategies before the harsher taxation regime applies from July 1, 2017.

Buying property for your SMSF? Not so fast

Glut: In the next two years there is a forecast 82,000 units set to hit the market in Sydney, with Melbourne and ...

Many investors are still unaware that it's possible to buy investment property in your super fund.  You will need a self-managed super fund (SMSF) as the retail, industry or corporate funds only provide exposure to commercial  property investments that are listed on the Australian Securities Exchange, such as Westfield or Stockland shares.

Employer super changes needed

Universities are among the employers that will need to rethink salary packages.

Employers will need to retool their packages for high-income employees once the changes to superannuation take effect.

Fraser's super review fizzles

Bernie Fraser has delayed his report into governance at non-profit super funds until after the federal election.

The non-profit superannuation lobby's governance review, led by Bernie Fraser, has stalled and is set to sink without a trace if Labor wins the federal election.

Super reform could force property buyers to forfeit deposits

SMSF owners may be in breach of contract if they've bought a property but can't transfer the money under the $500,000 ...

In last month's budget. the Coalition made radical changes to our superannuation system. It was a mixed bag, with some of the ideas innovative and welcome, some controversial and one horrific. In the interests of balance, let's look at them one by one.

Labor attack ad targets super changes

Prime Minister Malcolm Turnbull described himself as a feminist.

Labor has moved to capitalise on discontent in Coalition ranks about planned changes to superannuation, as Treasurer Scott Morrison ruled out any winding back of controversial budget measures on Thursday.

Contributing to your defined benefit fund

There'll be ample time for defined benefit fund members to review their contribution strategies over the next year.

The changes affecting defined benefit funds don't commence until 1 July 2017 and, with an election on the way, it's possible that all the changes won't be legislated.