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Time is running out to register for mandatory Director ID numbers

Almost two thirds, or 1.6 million company directors across Australia have not yet applied for their Director ID number. The ATO’s new registration scheme has a deadline of 30 November 2022 for directors appointed on or before 31 October 2021, so it is absolutely critical that directors of companies and SMSFs avoid having their head in…

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Taking control of superannuation as a wealth-building strategy

superannuation

This month is an important one for superannuation funds as they go under the microscope once again for performance assessment. It’s got many members wondering how they can take control and start treating super not as a fall-back option, but as a driver for wealth. The government is reviewing default super funds for performance. You…

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Superannuation: changes and politics

superannuation 2022

With a Federal Election due to take place around March of this year, we can expect that superannuation will be a stormy topic between the two major parties. There are some important changes scheduled this year. Here’s what it means for you… Superannuation Guarantee The superannuation guarantee is legislated to increase to 10.5% from 1…

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Bracing yourself for survival in the super wars

superannuation

Super: there are more questions than answers. Will the Government scrap the legislated rise in superannuation from 9.5% to 12%? How much is enough? Are you in the right fund? Can you afford the increasing Life Insurance premiums from within your fund? It’s enough to want to adopt a mattress-stuffing savings strategy so that you…

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