Tag Archives: budget

Superannuation measures in budget

A very brief summary of items in last week’s Australian budget that affect self managed superannuation funds: The major revenue measures concerning superannuation proposed in the Budget included: Excess contributions tax: The Government will provide eligible individuals who breach the … Continue reading

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Economic Security Strategy package released

The Federal Government has released a $10.4 billion Economic Security Strategy to strengthen the Australian economy. The package contains the following key measures: · $4.8 billion in new support for pensioners and carers, including a lump sum payment of $1400 … Continue reading

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Executive share options: tax ‘loophole’ to be closed

In an interview on ABC Radio National, the treasurer has indicated that the government intends to close what he calls a tax loophole concerning the use of executive share option schemes. Mr Swan said there has been a loophole in … Continue reading

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