Government drops opt-in insurance from Protecting Your Super package

The Government has dropped the core part of its ‘Protecting Your Super’ package – changing insurance in superannuation for young people – to get the Bill through the Senate with the support of the Greens, despite Labor saying it supports

Government seeks to implement two Royal Commission recommendations

The Government wishes to implement two recommendations of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry by amending some of its superannuation legislation in the Senate.

The changes are being made to a Bill, the

Words that matter. What’s a franking credit? What’s dividend imputation? And what’s ‘retiree tax’?

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University.

You’re forgiven for being confused. Read more...

STP extended to small employers from 1 July 2019

Legislation to extend Single Touch Payroll (STP) to smaller employers, from 1 July 2019, has passed the Parliament.

Single Touch Payroll is a new system for employers to report payroll and superannuation information. Previously only larger employers (20 or more

Employers could be sent to jail for not paying superannuation

Employers who don’t pay Superannuation Guarantee could be sent to jail under changes to the law in a Bill passed through the Parliament.

The Treasury Laws Amendment (2018 Measures No. 4) Bill 2018 has passed both houses of Parliament and

Government only schedules one of six superannuation Bills for debate

The Government has only listed one of its superannuation Bills for debate in the Senate, with only 5 Senate sitting days until an expected May election.

Despite Ministers repeatedly calling on the Labor party to support the Government’s superannuation legislation,

Industry Super calls for Protecting Your Super Bill to pass

Industry Super Australia has called on the Parliament to “finally” pass measures aimed at protecting worker’s superannuation.

The Parliament may this week debate the Government’s ‘Protecting Your Super’ Bill. The Bill contains measures announced in the 2018/19 Budget, including capping