This article explores enhancement opportunities for Australian Government co鈥恈ontributions to superannuation accounts. The article's empirical foundation includes the distributions for variables related to saving, investment and risk perceptions in the 2022 wave of the Household, Income and Labour ...
Unlock additional contributions with government co-contributions. For individuals earning less than $58,445 per year, the government may match personal contributions to the super fund. As the table below shows, the 2023/24 government co-contribution criteria are based on your earnings and individual ...
After a difficult 2022, a solid 2023, some very good fortune was had with a ripper FY2024. Some fortuitous selections with growth stocks have really paid off (Thank you PME and ALU). In the Australian superannuation scene, the median growth fund (61 to 80% in growth assets)returned +9.1...
The amendments repeal the framework for the LISC contained in Part 2A of the Superannuation Government (Co-contribution for Low Income Earners) Act 2003 (SGLIA), and make consequential amendments to other areas of that Act to reflect the repeal of the LISC. [Schedule 7, items 1 to 6, su...