Change, Change, Change, is gonna happen sometimes
In this episode of the Masters of Finance Podcast, Alex is once again joined by Dr. Paul Moran to go through some of the changes that have been announced for the Australian superannuation system.
We have a look at Downsizing, increases in contribution caps, and the changes to everyone's favorite work test.
Some of these will take effect from the 1st of July 2021, others will only come into effect on the 1st of July in the financial year following Royal Assent is granted (which really means 1 July 2022 at the earliest).
"Change, Change, Change is gonna happen sometimes, so just remember the good times" - Sticky Fingers, Helping Hand 2009
Please read and acknowledge the following before listening to this episode. This podcast is for entertainment purposes only and does not constitute financial advice or financial product advice. To receive personal financial advice or financial product advice you must first receive a Statement of Advice (SoA). You must also receive, read and understand the Product Disclosure Statement/s (PDS) of any products you are considering to ensure the product/s is suited to your needs before acting. We may discuss products, services and answer listener questions on this podcast for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation.