Revisited: Is property a good investment for your SMSF?

We receive a steady stream of emails seeking information about investing in property via an SMSF. In response to this continued interest, we have revisited the popular question, is property a good investment for your SMSF? http://snip.ly/f64zh

Source: Revisited: Is property a good investment for your SMSF?

Tax Office reveals size of underpayment of super for the first time

There is a $2.85 billion-a-year shortfall in what employers should be paying their employees in super.For the first time, the Tax Office has estimated the shortfall by comparing what employers should be paying with how much actually ends up in the super funds of their employees.

Source: Tax Office reveals size of underpayment of super for the first time

The great unpaid super swindle | The Saturday Paper

 

Employers are denying their workers almost $3 billion in unpaid superannuation each year, according to new estimates from the Australian Tax Office. The ATO believes employers have withheld $17 billion in super since 2009, and that the practice is becoming more widespread. The office has also admitted its own shortcomings in catching non-compliant businesses, revealing it has only been able to detect and secure $3 billion worth of super in the same timeframe. The revelations come after pressure from the industry super sector, which published its own research last year highlighting the scale of the problem. A Senate inquiry report into unpaid super released in May, creatively titled Superbad, found the ATO’s “current approach” to tackling super non-payment was “inadequate”.

Source: The great unpaid super swindle | The Saturday Paper

HSBC Future of Retirement

Retirement Superannuation and Most People

For Most People Retirement Superannuation – They Don’t Add Up!

HSBC Future of Retirement superannuationRetirement Superannuation usually generate more questions than answers for the vast majority of people. Unfortunately Australians don’t seem to know the answers.

HSBC Future of Retirement report, ‘Shifting Sands’ has some shocking news about your retirement and superannuation. You can download it at the bottom of the page.