ATO to receive $187 million to combat tax and superannuation fraud
The Australian Taxation Office has been given $187 million in new funding to bolster its defences against tax and superannuation fraud.
‘Just hang up’: ASIC advises Aussies as cold callers drain super balances
Working Australians are being targeted and pressured into switching from their superannuation products by cold callers, thereby risking their retirement savings.
“Serious consequences”: ATO sounds warning on early super access as cost of living pressures bite
As cost of living pressures push Australians to make tough financial decisions, the tax office has issued a new fact sheet reminding superannuation fund members -- and self-managed super fund (SMSF) trustees -- that unauthorised early access to super is illegal.
Ben Thompson: Employment Hero tried negotiating with Hostplus before public super feud
Employment Hero CEO Ben Thompson says he tried to negotiate with superannuation giant Hostplus for months before making their feud public.
Employment Hero CEO levels up Hostplus feud, as VC backer Airtree searches for middle ground
Employment Hero CEO Ben Thompson has escalated his public feud with superannuation fund Hostplus, claiming it called his behaviour "erratic and unlawful" in a letter sent to venture capital backer Airtree.
Super payments on paid parental leave set to become a reality under ‘historic reforms’
Eligible parents with a baby born or adopted on, or after, 1 July 2025 will receive 12% of the parental leave payment as a superannuation equivalent payment to their super fund.
GST reviews to work deductions: Five takeaways for SMEs from ATO commissioner’s final speech
The entire 70-minute address is available for viewing online, but SmartCompany has highlighted five of the key points for small businesses.
Why the acquisition of all-women founded Verve Super is a story worth telling
Co-founder Christina Hobbs shared news of the acquisition on LinkedIn, five years after launching the first superannuation fund to be led by women and tailored for women.
A major minimum wage hike and impending super increase will hammer small businesses, industry representatives fear
The federal government has maintained its call for the national minimum wage to move in line with inflation, heralding the possibility of significant back-to-back increases flowing through to small business employers.
Future Super pays $13,000 ASIC fine over Facebook post that ‘overstated’ its green impact
Sustainability focused superannuation fund Future Super has become the latest Australian company to be handed a fine by the corporate regulator for so-called 'greenwashing'.
Explained: Payday superannuation reforms and what small businesses need to know
Employers will need to pay their workers' superannuation every time they pay their regular wage, thanks to a significant change to retirement saving rules introduced by the Albanese government.
Australian employers to pay super on payday by 2026 under government plan
A government change requiring super to be paid on payday could mean employees will be several thousand dollars better off by retirement.