Earlier access to super a key benefit of transition to retirement income stream

by John Wasiliev   19 Oct 2017  Australian Financial Review One of the strategic changes to superannuation rules from July 1 was the loss by a transition to retirement income stream (TRIS) not in retirement phase of its entitlement to tax-free investment earnings, a concession that is now restricted to retirement phase pensions. Given a widely-held claim that…

Success in keeping your spending on track

MANAGING our money used to involve sitting down for hours, sifting through endless bills, letters and receipts with a fine toothed comb. Fast forward to today and technology and smartphones have changed the game completely. Tech savvy types can now control their finances on the go with a few simple clicks or taps. The trouble…

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,…