Take advantage of new super rules
There are opportunities in the revised super proposals but you will need to put them into play before June 30.
Debra Cleveland writes on Personal Finance specialising in Superannuation & SMSFs, Banking, Tax. Based in our Sydney newsroom, Debra has over 30 years experience as a journalist and editor.
There are opportunities in the revised super proposals but you will need to put them into play before June 30.
Two new ETMFs give investors access to "real return" strategies without using platforms.
There will be fewer tax concessions and lower limits on how much savers can contribute but super is still a good deal
While savers are lamenting record low interest rates, there are still opportunities to increase your wealth.
Don't be duped by bonus offers and know the terms and conditions of your saving account.
Take advantage of this week's cut in the official cash rate to 1.5 per cent to pay down mortgages and eliminate credit card debt.
Don't be put off by lower super contribution caps - get saving while you're younger to make the most of compound interest.
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