As a close watcher of Australia’s superannuation system, I get used to staying up late on Budget night to go through the changes tucked away in the fine print of the Budget Papers. For some reason, our politicians can’t keep their hands off the system.
Tuesday night’s budget only heralded one change – and that had been pre-announced! This was a record for “least change”. However, there are flow through changes from previous Budgets which means that there are still material changes to the system starting on 1 July.
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