Tax Planning Tips for Retirees in Australia

Retirement changes how you interact with the tax system, but opportunities still exist to reduce tax, optimise income, and preserve your wealth. Strategic planning can ensure your retirement savings go further while keeping you compliant with ATO rules.

2016/2017 Federal Budget – Superannuation Overview

The Government has announced that it will legislate the objective of superannuation as ’to provide income in retirement to substitute or supplement the Age Pension’.

The Government says that this objective has guided the other reforms announced and a legislated objective will enhance stability in the superannuation system