This infographic gives an overview of the proposed government amendments to the superannuation reforms announced in the 2016/17 Federal Budget. Click to enlarge Download Proposed super reforms PDF
Government amends key super reforms
The Government has announced it will amend some of the super reforms proposed in the May 2016 Federal Budget. Summary of amendments: The lifetime limit of $500,000 on non-concessional super contributions won’t proceed. People aged 65 to 74 will still need to meet a ‘work test’ to be able to contribute to super. The opportunity…
ThreeSixty Research Market Update – September 2016
Highlights: Equities traded in a relative tight range in August but finished modestly higher. Crude oil prices recovered 7.5% on talks of possible production freezes from OPEC and non-OPEC countries when they meet in late September. China economic data was a little softer with declines in industrial production and retail sales growth. US economic data…
September Economic Update with Bob Cunneen
In this update, Bob Cunneen, Senior Economist and Porfolio Specialist, reviews events in markets during August. He discusses: August featuring only mild gains for global shares how positive and improved US economic activity has “strengthened” the case for increasing US interest rates China’s economic activity showing signs of stabilising, and Australian shares slipping by 1.6%…
Statement by Glenn Stevens, Governor: Monetary Policy Decision – September 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, but conditions have become more difficult for a number of emerging market economies. Actions…