There were no further changes to superannuation announced in the recent Federal Budget, but the Government has wasted no time in moving on its previously announced proposal to increase the concessional contribution cap from 1 July 2013. On 5 April, Minister Shorten announced a $10,000 increase to the annual $25,000 cap and Treasury have already […]
Monthly Archives: May 2013
Government moves quickly to increase super contribution limit
Why the $AUD is hurting the economy
A lot has changed since the start of 2013. A Federal Election has been announced by our (now marginal) Government, growth in China has eased more than expected, the budget deficit has ballooned further and the share market has risen considerably without supporting fundamentals. Furthermore, our currency remains at all-time highs and official interest rates […]