The Federal Government announced a range of measures in its 2020 Budget aimed at getting the economy back up to speed. Along with a range of stimulus measures, the Treasurer also announced a number of measures around superannuation, bundled up as the ‘Your Future, Your Super’ reforms.
Learn about some important changes to your insurance cover from 1 July 2020. Including, an increase to premiums for most types of cover, changes to income protection cover when you’re on leave without pay and a change of insurer.
With over $2.8 trillion in the system*, it’s no wonder superannuation is always making headlines. According to the Treasury, it’s now the second largest part of Australia’s financial system.
Superannuation has become a major battleground for both the major parties in the 2019 Federal Election campaign. We know it can be hard to keep track of all the back and forth, so we’ve cut through the spin to highlight the key measures being proposed around super and what it all means.
Find out how the 2019 Federal Budget might affect your super
