Superannuation

What the July 1 super changes mean for you

Your super contributions are set to get a bump from July 1 as the superannuation guarantee increases to 10.5%. Here's what else is changing.

ASIC bans Spaceship chair for two years

The chair of Spaceship Capital has been banned by ASIC for failing to understand the group's services, after a number of members were assigned to the wrong super product.

Renewed calls for super to honour Indigenous kinship

Kinship relationships are critical to indigenous cultural identity but are not recognised in superannuation law. A working group is lobbying to change that.

The super fund auctioning its $9 million art collection

Beyond the typical investments of property and shares, super funds can also invest in art. And one fund is about to sell more than 280 works worth about $9 million.

Younger Aussies to be eligible for downsizer super scheme, Morrison promises

Aussies aged 55 and over will be able to make a post-tax contribution of up to $300,000 into their super after selling the family home, if the Morrison government is re-elected.

Super Home Buyer Scheme tipped to fuel further house price surge

First home buyers could soon be allowed to dip into their superannuation to purchase property, but experts say it will only serve to push house prices even higher.

Ask Paul: I’m 74 – should I change super funds?

Anna has been with her super fund for 35 years and wants to know if it's time she changed. But the fund, says Paul Clitheroe, is not the key issue.

HESTA “unlikely to support” AGL demerger

HESTA is "unlikely to support" the demerger of AGL unless the company shows "strong commitments" to close coal-fired power plants earlier than planned.

ASIC suspends Dixon Advisory financial services licence

ASIC has suspended the Australian financial services licence of Dixon Advisory for alleged conflicts, best interest failures and inappropriate advice.

GROW Super closes its doors

Almost five years since its launch, millennial favourite GROW Super will shut up shop in response to increased regulatory pressure.
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