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ARTICLE · 02 JULY 2017

Superannuation, financial services & funds management reforms

Holding Redlich
Holding Redlich
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There will be some key changes to the superannuation landscape come 1 July 2017. .

AustraliaFinance and Banking
Michael Selinger
Michael Selinger
Jennifer Teh (Formerly With Holding Redlich)
Jennifer Teh (Formerly With Holding Redlich)
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There will be some key changes to the superannuation landscape come 1 July 2017 with the Federal Government set to implement a suite of reforms.

Please click here to see the Treasury's comprehensive outline of the changes.

Workplace Relations & Safety

Sparking plenty of discussion, the key workplace change is the Fair Work Commission's decision to increase the federal minimum wage by 3.3 per cent which will come into effect from 1 July 2017.

The increase is substantially more than last year's increase of 2.4 per cent but still falls short of the increases being sought by the unions.

The decision is said to affect over 2.3 million employees in Australia and has the intention of improving the relative living standards of the low paid.

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