Library

In our library, you will find the latest financial news, valuable insights and ideas, tips and tricks we've learnt over the years and other helpful educational pieces.

Superannuation

Federal Budget 2016 – Superannuation Update

20 May 2016
The budget contained a number of important changes to the superannuation system, including retirement income streams and tax changes. The announced changes took everyone by surprise and it is important that you discuss your particular situation with your adviser and how these changes may affect you.

Taxation & superannuation planning for year end 2015-16

20 May 2016
With 30 June 2016 rapidly approaching, now is the time to review your financial position and consider any superannuation and tax-effective strategies that might be appropriate for you.

NCC lifetime cap and you

20 May 2016
From 3 May 2016, the amount of non-concessional contributions (NCCs) that a person can make to super will have a proposed cap of $500,000. What does this mean for you?

Federal Budget 2016

4 May 2016
Two major factors necessarily limited Scott Morrison and Malcolm Turnbull in their first crack at a Federal Budget – our relatively fragile economy, as evidenced by yesterday’s RBA announcement, and the fact that an election will be called within days.

Federal Budget 2016: superannuation

4 May 2016
Key points on superannuation from the Federal Budget 2016 announcement, including the introduction of the $1.6 million transfer balance cap, concessional cap changes and an ease in the restrictions for tax deductions for personal contributions...

Rumour has it: pre-Budget super speculation

12 April 2016
With less than a week until the Federal Budget is handed down, the media is alive with speculation as to what changes the Government will impose and, as usual, superannuation is at the forefront of the pre-Budget rumour mill.

Is your SMSF adviser right for you?

30 March 2016
It’s no secret that SMSFs are regulated by a complex and frequently changing set of laws and regulations making maintaining compliance and optimal operation within this legal framework an increasingly challenging task. This is why many SMSF trustees (or directors of a trustee company) turn to specialists to help guide them through this maze to ensure their obligations are met.

One smart pre-Budget move you should consider if aged 55* or over (at 30th June 2015)

15 March 2016
It’s that time of year again when pre-Budget media speculation is proving very hard to escape. Every day we are told what the Budget may (or may not!) have in store for us which can be perplexing when considering pre-emptive pre-Budget strategies.

Senator: unfair to change super tax policy

11 February 2016
Well-respected Liberal National Senator Matthew Canavan has today featured in SMSF Adviser responding to speculated changes to superannuation taxation policy. Senator Canavan said it would be unfair to change the tax arrangements for people’s superannuation balances (or their earnings) as many people have contributed to their fund for many years.

MGD launches Financial Services Alliance Agreement

6 November 2015
Different regulatory frameworks have historically applied to accountants and financial planners. A new regulatory framework set to be introduced on 1 July 2016 will see accountants and financial planners further aligned with the repeal of the accountant’s exemption.

Financial System Inquiry: ban on direct borrowing by superannuation funds rejected

2 November 2015
In late 2013 the Federal Government established a Financial System Inquiry to hold a ‘root and branch’ review of Australia’s financial system to help establish the direction for our country’s financial future...

MGD welcomes rejection of ban on super borrowing

20 October 2015
MGD Wealth has today welcomed the decision by Federal Government to reject a recommendation to remove direct borrowing by superannuation funds.

Opinion: speculated changes to super

7 September 2015
The broken record of media-fuelled debate about speculated changes to superannuation is still spinning. Sadly, the basis for any such debate is flawed and is counter-productive to engendering confidence within the community.