ARTICLE · 08 JUNE 2013

Post-budget superannuation update - responding to the latest proposed changes

Colin Biggers & Paisley

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Governments will continue to tinker with tax and superannuation, so be prepared to be flexible about investment changes.

AustraliaTax

The following legal overview provides a guide on how the present regime operates. It does not take account of particular personal circumstances. Individual investment decisions should always be the result of specific advice from your legal and/or financial adviser.

In brief - Be prepared to be flexible about superannuation and other investments

Regardless of the outcome of the 2013 federal election, governments will continue to tinker with tax and superannuation. Your best strategy is to remain flexible about investing in superannuation and outside it.

What are the government's proposals?

Minister for Employment and Workplace Relations Bill Shorten has recently announced that the government will split the proposed changes to superannuation into two parts.

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