ATO / Professionals / SMSF / SMSF Compliance / Trustee education

Mid Year outlook outlines an increase to the SMSF Supervisory levy

The Mid-Year Economic & Fiscal Outlook (MYEFO) released today has seen the Government announce a further increase to the SMSF Supervisory levy to $259 for the 2013-14 financial year.  Having seen progressive increases in the supervisory levy since the introduction of the Simpler Super reforms from 1 July 2007, this jump represents the largest increase … Continue reading »

Announcements / Contributions / Opinion / Professionals / SMSF / Trustee education / Webinars

Budget delivers a fix for now but problems for the future

It was a budget that certainly delivered on news that the Government was tightening its belt to deliver a budget surplus for 2012-13 and superannuation was certainly not immune from this pain.  Unfortunately though, as a result of the announced changes in tonight’s budget, we are likely to see confidence in the superannuation sector erode … Continue reading »

Announcements / Professionals / SMSF / Trustee education

Cooper Super now Stronger Super – the impact for SMSFs

Santa, or should I say Minister Bill Shorten has delivered a Christmas gift a little early this year with the Government’s response to the Super System Review (Cooper Review). The government’s response, known as “Stronger Super” has provided support, or in-principle support for 139 out of 177 of the Review’s recommendations. Much of the mainstream … Continue reading »

Self Managed Super Solutions – Final Report of Cooper Review released
Professionals / SMSF / SMSF Strategy / Trustee education

Self Managed Super Solutions – Final Report of Cooper Review released

As promised, the government has been quick to release the final report of the Super System Review (“Cooper Review”).  It is a comprehensive report (overview & recommendations are 70 pages alone) covering the review into governance, efficiency, structure and operation of the superannuation industry. At this stage, it is unclear what the government may adopt from these … Continue reading »