Hello Chasers,

There has been a lot of media hype in the last week or two regarding a new tax on superannuation funds.

And this has been partially confirmed by the Treasurer who has stated that locked up in superannuation are concessions equal to the total current expenditure on the aged pension.

They are reporting that there are many wealthy individuals with in excess of $5 million in their superannuation funds who have used the current rules to amass these balances using the concessions given to superannuation.

Click here to read more …

Read more of our daily blogs in our Chasing the Dream Facebook Community

Share This

Related Posts

Featured
4 Min Read

Buttercup

Hello Chasers, With all the scams that are going on at the moment, password security against cyber theft is on everyone’s mind and has to be a high priority to safeguard our data and assets. Buttercup…
Read Full Article
Uncategorized
4 Min Read

Unleash Your Inner Superhero: Give Back Like a Boss!

Hello Chasers, Aussies are known for their mateship, but let’s face it, our wallets sometimes lag behind our hearts.  Disasters strike?  We’re there with clothes, cans, and cheers.  But when it comes to cash donations, compared…
Read Full Article