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There was no good news for individuals this budget and the proposed income tax reductions from 2015 have been deferred.

TPD Insurance provides for you if you are totally unable to work due to an accident or illness.

This edition discusses employers' obligations to contribute compulsory super and the concept of ordinary time earnings.

The investment did not breach the sole purpose test as the rental arrangement was the same as with arm's-length tenants.

Transfer balance cap rules impact many things, including an individual's ability to make non concessional contributions.

Draft legislation has been released by the Treasury for consultation, in order to reform all boards of RSE licensees.

1 July 2025 marked the start of the new financial year in Australia, which means that new employment thresholds and limits are now in effect.

Understanding the specific requirements for a company to qualify as a special purpose superannuation trustee company is crucial for accessing reduced ASIC annual renewal fees. Senior associate Keeghan Silcock explains the two essential conditions: the company's constitution must expressly prohibit income or property distribution to members, and the company must act solely as trustee of a regulated superannuation fund.

Continual 'tinkering' with the rules will inevitably further affect confidence in the superannuation system.

Pros and cons arising out of new laws designed to reduce scheme costs and to protect from unnecessary fees & premiums.

There is a unique problem with SMSFs when it comes to trustees and marriage breakdown and splitting assets upon divorce.

When couples separate, there is often confusion about whether superannuation is part of the property pool to be divided.

The strategy of a member super withdrawal shortly before death can be an effective way to minimise tax implications.

The volatility in financial markets has brought a focus on the investment strategies of superannuation fund trustees.

If a member loses capacity without an EPOA, it creates a time-consuming and costly challenge for the SMSF to resolve.

This article looks at the trustee requirements for SMSFs and sets out a number of reasons to prefer a corporate trustee.

Pros and cons of six member SMSFs.

Although the Budget did announce an increase in the maximum number of SMSF members, there are other issues to consider.