Tsr has no option, he has to hit superBY ALEX DUNNIN | MONDAY, 2 MAY 2016 12:59PMA quick look at the ABS taxation report illustrates why the taxation blowtorch is being turned on superannuation. In the past 8 years while personal income tax receipts climbed ... Upgrade your subscription to access this article
Join the growing community of superannuation
professionals with unlimited access to our latest news, research and analysis of the industry.
Become a premium subscriber today. |
Latest News
FSC links active super choices to stronger retirement outcomes
|Australians who actively engage with their superannuation and seek financial advice could significantly improve their retirement outcomes, according to new research commissioned by the Financial Services Council (FSC).
Operational changes anticipated for Payday Super: Rest
Two-thirds of Australian businesses expect Payday Super will require moderate to significant operational changes, despite widespread confidence in their ability to comply with the reforms due to take effect from 1 July 2026.
Small fee increases cost nest eggs $77k: Vanguard
A new analysis from Vanguard Australia shows superannuation funds charging marginal fee increases can cost members $77,000 in retirement.
MySuper assets pursue $1.5tn Choice sector
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.
Further Reading
Cover Story

Leading the way
SHARON DAVIS
NON-EXECUTIVE DIRECTOR
FUTURE GROUP AUSTRALIA HOLDINGS PTY LTD
NON-EXECUTIVE DIRECTOR
FUTURE GROUP AUSTRALIA HOLDINGS PTY LTD
Sharon Davis has always been fascinated by the human condition; it has driven her passion for people, her career, and building a better future for the next generation and beyond. Eliza Bavin writes.









How the transition to retirement tax break survived is beyond me. This is 100% a tax break used by the rich (advice seeking) population. Simply removing the 0% tax on investment earnings doesn't eliminate this strategy. The rule should simply be that if you are working then your superannuation remains in accumulation.
Editor note - while the budget didn't explicitly kill TRRs by limiting concessional salary sacrifice contributions to $25,000 from 2017 it effectively achieves the same result.