by Team Garnet | May 13, 2023 | ATO, Superannuation
Employers may need to start paying employee super guarantee contributions at the same time as wages if a recent government announcement becomes law. With the 2023 Federal Budget fast approaching, the government has been selectively releasing various measures ahead of...
by Team Garnet | Apr 7, 2023 | ATO, Insurance, Superannuation
ASIC has released a report which examines the progress by some super trustees to improve their arrangements for life insurance in super. The review was in response to issues ASIC have highlighted since 2019 to address consumer harms in life insurance in super,...
by Team Garnet | Feb 17, 2023 | Money, Superannuation
APRA has announced its policy and supervision priorities for the coming year with a heavy focus on superannuation. APRA (Australian Prudential Regulation Authority) has recently released its policy and supervision priorities for 2023. For the superannuation space,...
by Team Garnet | Dec 8, 2022 | Superannuation
In a recent address, the Assistant Treasurer and Minister for Financial Services, Stephen Jones, outlined the changes the government will be pursuing in terms of superannuation in the future. From its beginnings in 1992, superannuation collectively has become a...
by Team Garnet | Oct 13, 2022 | Superannuation
In response to “industry concerns”, the government is seeking to relax some aspects of financial adviser standards for existing and new entrants. As a part of its election promises based on industry “concerns”, Labor announced that, if elected, it would make changes...
by Team Garnet | Sep 30, 2022 | Investments, Money, Superannuation, Tax News
To encourage downsizing, a new Bill has been introduced to extend the existing assets test exemption under social security and change the rate of deeming of proceeds of sale. In a bid to support pensioners and in conjunction with the announcement to reduce the...
