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News

16 Sept 2016

Coalition dumps $500,000 lifetime superannuation cap

The federal government has made significant changes to its superannuation package, including dumping plans for a backdated, lifetime cap of $500,000 on non-concessional contributions, in order to win over the back bench and ultimately, the Senate.

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13 Sept 2016

Equity markets worst day since Brexit

The Australian sharemarket suffered its worst day since the Brexit vote, with nearly $35 billion in value wiped off the board after global financial markets were hit hard by fears a September US rate rise is on the horizon.

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