ASIC rules against Spaceship for second time this year
The corporate regulator has ruled against millennial-focused super platform Spaceship for the second time this year.
ATO urges business owners to get on top of superannuation changes
The Australian Taxation Office (ATO) has issued a reminder to business owners regarding upcoming changes to superannuation, active as of July 1, 2022.
The housing market continues to hold Australia’s economy hostage, and the major parties are letting it happen
The politics of Morrison's super-for-homes announcement are obvious and desperate. But what of the economics of this ongoing obsession with the housing market?
Why this accountant says using super to buy your first home is a stupid idea … and stupid government policy
The Coalition's policy will provide a flow of new entrants into the property market, leading to an increase in demand, then upward price pressure.
Saul Eslake: The Coalition’s new housing scheme will lead to higher prices, not greater ownership
We now have almost 60 years of unequivocal evidence telling us that anything that allows Australians to pay more for housing than they otherwise would results, primarily, in higher house prices.
Housing industry backs Morrison government’s super withdrawal scheme amid affordability concerns
Prime Minister Scott Morrison said his government, if re-elected, would let first home-buyers withdraw up to 40% of their super.
Employers not paying super to face court under Labor plan, as ATO urged to come down harder
Employers that fail to pay workers super could be taken to court under Labor's new plan to get super into the National Employment Standards, while the ATO has been urged to take a more heavy-handed approach to compliance.
How carry-forward contributions can help you boost your super balance
Did you know that business owners can take advantage of unused contributions to add more into their superannuation?
Government rejects own recommendation to give parents super on paid parental leave
The federal government has decided not to add superannuation to government-funded parental leave payments, despite its own review recommending the change.
Accountant warns removal of $450 super threshold could increase compliance for small businesses
The $450 monthly superannuation threshold will be removed from July, and one accountant says it is essential that small businesses start preparing.
It’s time to pay superannuation on all parental leave. Here’s why
Parental leave is currently the only one type of leave that, more often than not, does not attract superannuation.
Changes to super kick in next month: Here’s what SMEs need to know
Small businesses onboarding staff will be required to figure out whether new recruits have an existing super account, under new government rules coming into effect next month.
