Tag: investment portfolio guide
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Superannuation Sector Sees Modest Growth Despite Mixed Performance
Superannuation returns for the quarter ending March 2025 have shown a mixed performance, with total assets decreasing by 0.8% to $4.1 trillion. Within this, APRA-regulated funds accounted for $2.9 trillion. Despite this decline, superannuation returns saw a modest growth of 5.9% over the past year. A PRACTICAL GUIDE TO AUSTRALIAN SUPERANNUATION: A Plain-English Guide to…
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Proposed Superannuation Reforms Target Wealthy Australians for Fairness
Superannuation tax concessions have been a contentious issue, with the government proposing changes to address what many perceive as an unfair advantage for the wealthiest Australians. Currently, superannuation earnings are taxed at a concessional rate of 15%, a significant benefit for most individuals and a substantial advantage for the affluent who would face a 45%…
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Labor’s Super Tax Plan Sparks Debate and Speculation
Labor’s proposed superannuation tax changes, spearheaded by Treasurer Jim Chalmers, have stirred a wave of debate and speculation. The plan, targeting super balances exceeding $3 million, is seen by some as a necessary step towards revenue generation, while others fear its implications on investment and younger Australians striving to build their retirement savings. Superannuation and…
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Labor’s Superannuation Tax Plan Sparks Economic Concerns
Labor’s proposed superannuation tax plan, targeting accounts with balances exceeding $3 million, is causing a stir among economists and experts. While initially perceived as a measure aimed at the wealthy, the plan’s implications could extend far beyond that demographic. The extra 15 per cent tax rate on superannuation earnings, slated to take effect from 1…