Superannuation & SMSFs
Labor has criticised Treasurer Scott Morrison, after he reportedly distributed a briefing paper to Coalition MPs advocating for the superannuation changes announced in the 2016 Budget.
Update: the Government has released the first tranche of superannuation legislation for the changes
…Liberal Senator for Tasmania Eric Abetz says the superannuation changes included in the 2016 Budget represent a slippery slope leading to the Government increasing taxes on more superannuants in the future.
Michelle Grattan, from The Conversation, asked the Senator why
…The Prime Minister says the superannuation package announced in the 2016 Budget has been “very well received”, ahead of it being debated in the Coalition party room.
“Our super package has been very well received,” the PM said in an
…Opinion – Labor has managed to snatch a superannuation policy defeat from the jaws of victory with the announcement that they will oppose removing the 10% rule and the work test.
The superannuation industry has long campaigned for the
…In the past week, both major parties have made welcome, albeit tentative, commitments to tackle much-needed budget repair. The Turnbull government has moved quickly to lock in budget savings that Labor supported in the federal election campaign. Now Labor
…The SMSF Association says that Labor’s opposition to superannuation changes in the 2016 Budget which will increase flexibility and reduce complexity and red tape is concerning.
Labor has announced that it will oppose removing the ‘work test’, the ‘10% rule’
…The Labor party has announced that it will oppose several of the superannuation spending commitments from the 2016 Budget and wants the Div 293 threshold lowered to pay for a prospective lifetime non-concessional contributions cap.
Labor has said it will
…Treasurer Scott Morrison has indicated that divorce is likely to be a ‘life event’ eligible for an exemption from the $500,000 lifetime non-concessional contribution cap, while rejecting reports that lottery winnings and inheritances would receive the same treatment.
“We said
…The Government and the Labor party may come to an agreement on the superannuation changes announced in the 2016 Budget.
Speaking about the superannuation changes with The Guardian, Shadow Minister for Finance, Jim Chalmers, said: “There is some prospect
…Treasurer Scott Morrison has flagged further changes to the $500,000 lifetime non-concessional contributions cap policy announced in the 2016 Budget.
The Treasurer has already set out some exclusions from the lifetime cap. In a radio interview on 2GB
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