Home and away with super

Reg GranthamMoney, Pension, SuperannuationLeave a Comment

Home Away Superannuation Acorn Financial Planning Adelaide

Australians buying their first home or downsizing in retirement are about to receive a helping hand thanks to new superannuation rules which come into effect on July 1. From that date, first home buyers will be able to contribute up to $30,000 into their super fund towards a home deposit while downsizers can put up to $300,000 of the proceeds of selling the family home into super.

2015 Australian Federal Budget – What does it mean for you?

Reg GranthamExpenditure, Income, Money, Pension, Personal Budgeting, SuperannuationLeave a Comment

The Treasurer Joe Hockey’s ‘no surprises’ Federal Budget involves limited superannuation and taxation changes, with a number of key measures having been announced prior to Budget night. Of note is the Government’s announcement that it will reform a number of family assistance measures, as well as the means test for … Read More

Pension Changes 2015 – What changed from 1 January 2015?

Reg GranthamCentrelink, Pension, SuperannuationLeave a Comment

The rules surrounding the treatment of income being paid from your superannuation pension has changed from 1 January, 2015. Previously, for an account-based pension, Centrelink used the total sum of your pension payments for the year and would then subtract a deductible amount to work out how much income they consider. It does sound technical, … Read More