EPISODE · Jun 19, 2025
Fri, 20th Jun 2025
from Superannuation News Wrap · host Paige Estritori
In this week's financial update, Paige Estritori from Financial Services Online highlights key superannuation issues in Australia. She discusses calls for reform regarding unclaimed super balances for Pacific workers engaged under the Pacific Australia Labour Mobility scheme and proposed solutions to streamline access to their funds. Additionally, she covers enhanced cybersecurity measures by the Australian Prudential Regulation Authority to strengthen super funds against digital threats. Potential changes to Australia's superannuation concessions in light of equity and sustainability also feature, with likely impacts on the federal budget. Lastly, the podcast touches on the impending superannuation increase from 11.5% to 12% of ordinary earnings starting July 1, and its potential effects on people with fixed salary packages. For more on these topics, visit financialservicesonline.com.au.n
What this episode covers
In this week's financial update, Paige Estritori from Financial Services Online highlights key superannuation issues in Australia. She discusses calls for reform regarding unclaimed super balances for Pacific workers engaged under the Pacific Australia Labour Mobility scheme and proposed solutions to streamline access to their funds. Additionally, she covers enhanced cybersecurity measures by the Australian Prudential Regulation Authority to strengthen super funds against digital threats. Potential changes to Australia's superannuation concessions in light of equity and sustainability also feature, with likely impacts on the federal budget. Lastly, the podcast touches on the impending superannuation increase from 11.5% to 12% of ordinary earnings starting July 1, and its potential effects on people with fixed salary packages. For more on these topics, visit financialservicesonline.com.au.n
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