It has never been easier to find lost super!  You might not even think it is lost, but if you moved and forgot to update your address on a super fund that an old employer had used, it might be considered lost from the super fund’s perspective. Maybe you’re happily letting a super account grow […]

From 1 July 2018, responsibility for the administration of the early release of superannuation benefits on compassionate grounds will be transferred from the Department of Human Services (DHS) to the ATO. Since the ATO is responsible for most of an individual’s interactions with the superannuation system, this change will enable the ATO to build on […]

The ATO has reminded members of SMSFs that they will be able to use their voluntary super contributions to assist with buying their first home, or to make a contribution into their super from the proceeds of the sale of their main residence (under changes passed by Parliament in December 2017). The First Home Super […]

From 1 July 2018, individuals aged 65 or over may use the proceeds from the sale of an eligible dwelling that was their main residence to make superannuation contributions (referred to as ‘downsizer contributions’), up to a maximum of $300,000 per person (i.e., up to $600,000 per couple), without having to satisfy the age or […]

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