SMSF Trustee Duties Explained

SMSF Trustee Duties Explained

Setting up a self-managed super fund (SMSF) is a big step for those wanting more control over their retirement savings. It’s not just about choosing investments or watching the balance grow. It also comes with a fair bit of responsibility, especially for the...
Super Tax Shake Up:  Big Balances Beware

Super Tax Shake Up: Big Balances Beware

If your super balance is comfortably below $3 million, you can probably relax – the proposed changes to the super rules shouldn’t adversely affect you (yet). But if your super is nudging that level, or if you’re clearly over, the Treasurer’s latest announcement...
Super Guarantee 2025

Super Guarantee 2025

Critical Due Dates and Compliance Considerations for 2025 With the superannuation guarantee rate reaching its final legislated increase to 12% on 1 July 2025, both employers and employees in Newcastle and across Australia need to be acutely aware of their obligations...
Super Contribution Caps Explained

Super Contribution Caps Explained

Planning for retirement doesn’t have to be complicated, but there are parts that can trip you up if you’re not paying attention. One of those is making sure you’re across the rules around super contributions. It’s easy to assume you can just put as much money as...
Division 296 Super Tax Considerations

Division 296 Super Tax Considerations

Division 296 super tax is a controversial Federal Government proposal to impose an extra 15% tax on some superannuation earnings for individuals if their total superannuation balance (TSB) is over $3 million as at 30 June of the relevant income year. This measure is...