AUSTRALIA is home to the second best retirement savings system in the world. The increase to employees’ compulsory superannuation payments and pension rises have helped the nation leap ahead of the Netherlands and take out second position in the Melbourne Mercer Global Pension Index.
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Your superannuation is one of the most important, not to mention tax efficient, ways to save for the most rewarding stage of your life – retirement. Unfortunately, almost half of Australians aged between 45 and 64 do not feel confident they have adequate funds to do what they want in retirement. Having the right plans in place […]
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Independent Senator for South Australia Nick Xenophon will introduce legislative changes in the spring session of parliament that would allow first home buyers to access their superannuation for a house deposit.
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