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Temporary resident superannuation

From 1 July 2008, superannuation contributions and balances for temporary residents will be required to be paid to the Australian Government which will hold them on behalf of those who are entitled to them. » full story

Australian with terminal illness will be able to draw their super tax free

Peter Dutton, Minister for Revenue and Assistant Treasurer, announced 11 September 2007 that people with a terminal illness under the age of 60 will be able to access their superannuation tax free. » full story

Some SMSF statistics

At the end of June 2007, there were more than 360,000 self managed superannuation funds and almost 690,000 people are now members of self managed superannuation funds. » full story

Super co-contribution payments

The Government has contributed over $3 billion in super co-contribution to those eligible since the inception of the scheme. » full story

Instalment warrants a permitted investment

The Government has concluded its consultation process on the scope of amendments required to allow superannuation funds to continue investing in instalment warrants. » full story

SMSF capital gains tax (CGT) roll-over on marriage breakdown

The Government announced that it will introduce legislation to allow one spouse in a marriage breakdown to transfer their entire in specie interest in a self managed superannuation fund... » full story

Simplified superannuation passes the final hurdle

The simplified Superannuation legislation passes the senate. » full story