EPISODE · Jun 9, 2025
Tue, 10th Jun 2025
from Superannuation News Wrap · host Paige Estritori
Paige Estritori discusses key superannuation issues and changes on the Weekly Superannuation News Wrap. The Financial Services Council raises concerns over potential repercussions of unindexed changes to super tax laws, potentially affecting up to 1.8 million Australians by retirement, pointing out the potential unfair impact on the younger generation. In contrast, Treasurer Jim Chalmers advocates for tax reforms increasing the tax rate for those with super earnings over $3 million, expecting to gather an extra $2.7 billion from this July. Additionally, the podcast delves into the rise of super fund trustees offering financial advice under the Delivering Better Financial Outcomes reforms. The Financial Advice Association Australia, collaborating with multiple entities, has launched a guide to tax-efficient billing strategies in response to the Australian Taxation Office's determination. Lastly, the growing demand for affordable financial advice is highlighted, with 72 percent of Australians pushing for cost-effective services.
What this episode covers
Paige Estritori discusses key superannuation issues and changes on the Weekly Superannuation News Wrap. The Financial Services Council raises concerns over potential repercussions of unindexed changes to super tax laws, potentially affecting up to 1.8 million Australians by retirement, pointing out the potential unfair impact on the younger generation. In contrast, Treasurer Jim Chalmers advocates for tax reforms increasing the tax rate for those with super earnings over $3 million, expecting to gather an extra $2.7 billion from this July. Additionally, the podcast delves into the rise of super fund trustees offering financial advice under the Delivering Better Financial Outcomes reforms. The Financial Advice Association Australia, collaborating with multiple entities, has launched a guide to tax-efficient billing strategies in response to the Australian Taxation Office's determination. Lastly, the growing demand for affordable financial advice is highlighted, with 72 percent of Australians pushing for cost-effective services.
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Tue, 10th Jun 2025
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