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BUDGET 2020 NEWS: Superannuation funds to face competitive test
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06 October, 2020
Industry News
Superannuation funds to face competitive test
Superannuation funds will have to pass an objective performance test to be able to take on new members under new arrangements announced in tonight’s Budget.
Industry News
Financial services players give Budget mixed welcome
The Financial Services Council has welcomed the Government’s Budget changes to superannuation while others are seeking more detail.
Industry News
Stage Two tax cuts brought forward
As expected, the Government has moved to bring forward by two years its promised Stage Two Income Tax cuts.
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Budget extends ATO spotlight on tax and super crimes
The Australian Taxation Office has been funded to extend its targeting of serious and organised crime in tax and superannuation for another two years.
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