Legislation enabling an extra 15% tax on earnings on super balances above $3m is before Parliament.
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Uncertainty has reigned over the last few years, but can we expect more consistency as we head into 2024? We explore some of the key issues and influences.
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The proposed objective of superannuation released in recently released draft legislation is: ‘to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way.’
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The Government has announced that it will enshrine a right to superannuation payments in the National Employment Standards (NES).
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