What the budget means for your hip pocket
The pre-election cash splash will help alleviate cost-of-living pressures in the short term, but the measures are time-limited.
Stay updated with breaking news from Super Guarantee. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The pre-election cash splash will help alleviate cost-of-living pressures in the short term, but the measures are time-limited.
Superannuation was once a soft target for politicians trying to raise revenue. They have backed off in the face of changed community perceptions.
A ‘Super Baby Bonus’ of $5,000 should be paid to women who take time out of the workforce to have children in order to reduce the gender gap, according to the Association of Superannuation Funds of Australia.
The Australian Institute of Superannuation Trustees is calling on the Government to assess how many women were coerced to access their super early by a domestic partner during the pandemic.
There are three key areas where the superannuation system could be improved, according to the Australian Institute of Superannuation Trustees, as it makes 20 recommendations in a pre-Budget submission.