How to buy gold with your superannuation

Written by admin Posted in General News, Investment

Australians are always on the lookout for new ways to fund their transition into retirement. Using the superannuation fund to invest in precious metals commodities is a financial channel that many utilize to secure their future, particularly investments in gold. When it comes to investments in gold, Australia should take cue from Germany’s methods in […]

Updates for superannuation in 2014 – 2015 Federal Budgets

Written by admin Posted in General News

There were limited changes for SMSF in the 2014 -2015 Budget. A summary of what is relevant for SMSF in this budget is noted below: No excess contribution tax for non-concessional contribution From 1 July 2013, individual who makes excess non-concessional contribution now has an option to withdrawn the excess amount together with any earnings […]

Changes In Superannuation Guarantee

Written by admin Posted in General News

Reduction in Superannuation Guarantee (SG) rates As the abolition of the Mineral Resources Rent Tax was unsuccessful, the rate for SG will be frozen at 9.50% for four years instead of two, starting from 2014/2015 Financial Year. After the 2017/2018 Financial Year, the SG rate will increase 0.5% every year and reach 12% at the […]

Macquarie CMA bank accounts

Written by Hein Preller Posted in General News

We have added Macquarie CMA Bank accounts for our super funds. A fee free option with an interest rate the same as the official RBA rate. See this page for more info: http://www.superannuationwarehouse.com.au/running-smsf/macquarie-smsf-bank-account/