Scam Awareness week
Australians have lost over $192 million dollars to scams during the last year. This is an increase of 95.4% from last year. This scam awareness week the ACCC is encouraging Australians to talk about scams with their family and friends to raise awareness. How to identify a scam Someone asks your for personal information, like your bank details or passwords, or access to your computer. Someone you’ve never met in person asks you for money or asks you to give them money by unusual payment methods such as gift cards, wire transfers, or cryptocurrencies. Something sounds too good to be …
Government moves on Budget Changes
The Federal Government announced a number of proposed changes to super and SMSFs in this year’s Federal Budget (2021-22). Many of these were lauded as positive for superannuation – expanding contribution opportunities, along with addressing long overdue SMSF issues with legacy pensions and the inequities in the existing residency rules. There was some thought that the introduction of these changes would be deferred until after the Federal election in the first half of next year. However, the Federal Government introduced Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Bill 2021 into Parliament on 27 October …
