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What can we expect from the Retirement Income Review?

  • On 24/07/2020
Today, the Treasurer will receive the 600+ page report of the Retirement Income Review (“Review”). The brief for the Panel is “to establish a fact base of the current retirement income system that will improve understanding of its operation and the outcomes it is delivering for Australians”.  The Panel has been asked to identify: how […]
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Is reforming tax on super the way forward?

  • On 22/05/2020
The path to reform Last September, the government set up a review into the retirement income system, in response to a recommendation made by the Productivity Commission.  It will cover the progress of the system after 25 years of mandatory contributions (known as SG) deducted from wages, and how the system is expected to perform […]
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Liquidity needs of superannuation funds

  • On 01/05/2020
The superannuation industry has had phenomenal growth over the last 30 years, much of it attributable to the increasing mandatory employer contributions (now sitting at 9.5% of wages).    Our Superannuation Market Projections Report 2019 showed that industry assets grew by nearly 10% a year in the decade to June 2019.  Although this rate is unsustainable […]
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