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The Melbourne Cup – 2023

For those of you seeking some guidance on where to best place your investments for this year’s Melbourne Cup we once again provide you with our resident expert Brad Ryan’s tips for the race that stops a nation.  Over to you Brad… Whilst the weather forecast in Melbourne is for a possible thunderstorm late afternoon …

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Minimum Pensions to Increase for New Financial Year

In response to COVID-19, the Federal government temporarily reduced superannuation minimum drawdown requirements for account-based pensions and similar products by 50% for 2019–20, 2020–21, 2021–22 and 2022–23 financial years. For the 2023–24 financial year, the 50% reduction in the minimum pension drawdown rate will no longer apply. This means that on 1 July 2023 when you …

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Superannuation Strategies

With end of financial year fast approaching we thought it timely to remind people of the key changes and concessions available in relation to superannuation. 1.Superannuation Guarantee – Increases to 11% With effect from 1 July 2023 the superannuation guarantee rate increases from 10.5% to 11%, please check to ensure your payroll system will adjust …

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