Time to think ahead
Government takes action on inactive accounts
February 27th, 2019
Parliament passed new laws relating to superannuation in February, which will affect members who have inactive super accounts. The Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018 looks to automatically consolidate (or combine) inactive low-balance members’ balances through the Australian Taxation Office (ATO) to prevent their savings from being eaten into by fees or other […]
Member AGM 2018
November 8th, 2018
Members and employers heard about First Super’s strong 2017/18 performance at its AGM (annual general meeting) in Sydney on 31 October. This year’s event location, Parramatta, was chosen as it’s central to one of the heartlands of Fund members and industries in New South Wales. First Super CEO Bill Watson gave the main presentation of […]
How going part time could impact your Super
December 13th, 2016
Almost one-third of Australian workers are part time, up from 28 per cent a decade ago. For some it’s because it’s all that’s available to them, but for many others it’s a lifestyle choice. It might be to spend more time with pre-school children, it might be to care for a family member or it […]
Is salary sacrifice worth it?
September 29th, 2016
Salary sacrificing has the dual benefits of reducing your taxable income and boosting your superannuation.
5 things you didn’t know you could claim on tax
July 6th, 2016
What can you exactly claim on this years tax return? Not sure? Well here are some you may not have considered!