Another financial year comes to a close. 2016……I remember the millennium like it was yesterday (that’s a little scary)! The outcome of the Federal Election on Saturday will hopefully end the uncertainty many of our clients have reported in respect of the proposed Budget changes. These changes (if passed) particularly effect middle income earners, small…

The budget is fast approaching and although the Liberals have remained tight lipped on their proposals a few possible changes have slipped through the cracks. With the release date being brought forward to 3 May 2016, Super Initiatives urges clients to take action beforehand.    Possible Changes: Contribution caps may be reduced Tax on concessional…