Changes to Superannuation
Superannuation changes in 2016 have been dominated by the range of measures announced in the 2016/17 Federal Budget – though several of these changes to superannuation have been modified or abandoned. Below is a list of many of the changes to superannuation in 2016 and their current status.
In brief, many of the Government’s changes to superannuation announced in the 2016 Budget, some of which have subsequently changed, have passed the Parliament: Fair and Sustainable superannuation package passes Parliament.
The Government isn’t favouring or targeting any particular type of super fund, but is going to make changes to the super system, Kelly O’Dwyer, Minister for Small Business and Assistant Treasurer, has told the National Press Club.