Christian Porter flags replacing family benefits with tax breaks

Sarah Martin   The Australian  24 Sept 2016 Social Services Minister Christian Porter has flagged replacing family welfare payments with direct tax breaks when technology improves, saying the current system has “deep structural inefficiencies” that must be addressed. Mr Porter said there were “hundreds of thousands” of families paying about $12,000 in tax each year,…

Last chance to boost super by $540,000

What the Superannuation changes mean for you by Sally Rose   16 Sept 2016  Australian Financial Review A rush on super contributions is tipped after financially responsible savers were granted a last chance to stash up to $540,000 from after-tax earnings before the end of the financial year. Financial advisers have welcomed the news that a slated $500,000 lifetime…