When you think about building wealth, you may picture investments, property and superannuation. But there’s another critical element: insurance. It’s the silent partner in your financial strategy, quietly working behind the scenes to protect everything you’ve built. Strategic asset allocation is the hallmark of a robust wealth plan, using diverse holdings to build long-term financial success. Yet, defending a portfolio against unforeseen events and ensuring a smooth estate tr

How your super is affected if your marriage or relationship breaks down. Overview If your relationship with your spouse ends, you should be aware of what can happen to the super entitlements of you both. The Family Court and super-splitting laws generally enable super interests (accounts in super funds) or super payments (pensions or annuities) to be split by agreement or court order if a relationship breaks down. There are options for splitting super depending on whether you

Discover ways to answer the common question ‘How much do I need to retire? Learn about retirement costs How much retirement costs depends on what you want out of retirement, and your individual needs and circumstances. The lifestyle you want may look different to another person's, so your living costs will be different. For example, you might prioritise travel, whilst your friends want to stay close to the grandchildren at home. However, there are ways to get an overview of w

Tax Office data shows fewer people used its super scheme in 2024-25 Introduced in 2018, the home downsizer scheme allows eligible Australians aged 55 and older to contribute up to $300,000 from the sale of their home into superannuation, outside of normal annual contribution caps. The idea was simple: improve retirement incomes while freeing up larger homes for younger families. For eligible couples, up to $600,000 can be taken from their total home proceeds and split equally

Superannuation tax rules are changing again and there are implications for those with very large balances as well as those on lower incomes. In a nutshell, the new plans include: more targeted tax rules for people with very large super balances extra support for low-income earners who contribute to super indexation (automatic increases) to make sure the tax thresholds keep up with inflation the removal of the proposed tax on unrealised gains The new super tax rules will begin

Why you should review your super Your super could be one of the biggest assets you’ll accumulate in your lifetime. However, many Australians think they don’t need to worry about their super until retirement. Some don’t think about it at all. It's never too early to think about your super and the earlier you get on top of it, the better. It's a good idea to regularly review and manage your super at least once a year. It's important to make sure you: are getting the super you'r

If retirement is just around the corner, the current financial climate may make you feel a little uneasy. Watching the markets fluctuate...

Australian superannuation laws changed once again in the 2025-26 financial year as the nation’s fast-growing retirement savings system continues to evolve.

The federal government moves to introduce a new 15 per cent tax on superannuation earnings above $3 million (known as Division 296 tax)

With the end of the current financial year fast approaching, time is running out if you’re planning to boost your superannuation balance before 30 June. Even depositing a small amount of extra money into your super account before 30 June this year could make a big difference to your overall retirement balance over the longer term, thanks to compounding investment returns.