October 2016 Newsletter

        Current as of October 2016   2016 FEDERAL BUDGET SUPERANNUATION REFORMS – THE NEXT STEPS Last month the government had its first sitting of Parliament since the election and though they released some draft legislation for comment, we expect more changes in the forthcoming months of this superannuation reform journey. Here is a recap of the … Read More

2016 Federal Budget Superannuation reforms – the next steps

Current of October 2016   Last month the government had its first sitting of Parliament since the election and though they released some draft legislation for comment, we expect more changes in the forthcoming months of this superannuation reform journey. Latest proposals The annual limit of Non-Concessional Contributions (‘NCCs’) will be reduced to $100,000 from the current cap of $180,000 … Read More