Luke Smith

Superannuation and tax nerd. Views my own. Don’t necessarily agree with retweets, might just be interesting.

[Luke Smith @lk_smith]

@Translink_QLD What about the trains heading towards Central?

[APRA @APRAinfo]

APRA releases its Quarterly Superannuation Performance publication and the Quarterly MySuper Statistics report for the March 2022 quarter https://t.co/lhUEb2PU1b #superannuation #APRA

[APRA @APRAinfo]

New analysis by APRA has found that smaller superannuation funds are more likely to struggle to deliver quality, value-for-money member outcomes into the future https://t.co/UTyOxRm5YM #APRA #superannuation

[ato.gov.au @ato_gov_au]

#TaxProfessionals: Our first webcast for 2022 is here! Tune in at 2pm AEDT on 17 March to hear about managing risk and more. More info @ https://t.co/Lci7ueOQUY

[Jeremy Cooper @Cooperannuation]

https://t.co/7H1cejRnox - Great to see the retirement income covenant passed into L_A_W and fantastic to see some super reform enjoy bi-partisan support. Well done everyone. Important milestone for our super system.

[Australian Treasury @Treasury_AU]

Media release @SenatorHume : Retirement income covenant passes Parliament https://t.co/9QvVYgufkE

[Industry Super @IndustrySuper]

ISA welcomes laws that remove the $450 threshold. Industry funds have long campaigned to get this law changed, it denied super payments to 300,000 Australians on lower incomes about 60% of which are women. Removing it is a step towards bridging the gender super gap.

[Tracey Scotchbrook @smsfchick]

From 1 July 2022:
- Remove $450 income threshold for SG
- Increase FHSS release amt to $50k
- Reduce downsizer contribution eligibility age to 60
- Reform of NCC rules: remove work test & extend B/F concessions for under 75s
- ECPI method choice (no disregarded sml fund assets

[Australian House of Representatives @AboutTheHouse]

The Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Bill 2021 and the Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 also passed the House. 2/2

[ASIC Media @asicmedia]

ASIC is reminding superannuation fund members it is best practice to seek advice from a licensed financial adviser before agreeing to transfer superannuation out of a regulated fund into an SMSF https://t.co/JtrgZOetsU

[Austaxpolicy @Austaxpolicy]

#Lookback2021 What Do We Know About Taxpayer Responses to Tax Changes? By Carina Neisser. #tax https://t.co/DCOUJ9lQmH

[Austaxpolicy @Austaxpolicy]

#News TTPI Working Paper: Superannuation Tax Concessions Are Overestimated #austax https://t.co/mmmo4v8q3l

[Australian Treasury @Treasury_AU]

Media release @SenatorHume Consultation on the remake of the super co-contribution regulations https://t.co/liR1CAoKEX

[Nassim Khadem @NassimKhadem]

Regulator names and shames underperforming superannuation funds and new data outs those that only scraped through performance tests
https://t.co/IFSq7iaA2A @abcnews @ABCaustralia @APRAinfo @choice_news @ConsumersSuper @xavierohalloran

[APRA @APRAinfo]

APRA publishes its first Choice Heatmap, alongside the annual MySuper Heatmap https://t.co/DKGp3njrWC #APRA #superannuation

[APRA @APRAinfo]

APRA releases annual superannuation statistics publications for 2021 https://t.co/bcLA6lHHMm #APRA #superannuation

[ASIC Media @asicmedia]

Super trustees offering default income protection insurance urged to check on member outcomes https://t.co/JEMvz1RsJG

[Australian Treasury @Treasury_AU]

Media release @MichaelSukkarMP: 2022-23 Pre-Budget submissions https://t.co/XUm74BQQyE

[ato.gov.au @ato_gov_au]

Maintenance ahead: Our online services will be unavailable from 11.30pm Fri 3 Dec until 7am Mon 6 Dec AEDT while we carry out routine updates & system improvements. We apologise for the inconvenience & appreciate your patience. See https://t.co/CafWGeiJJY

[ato.gov.au @ato_gov_au]

⚠️ SUPERANNUATION SCAM ⚠️ Beware of fake super investment scams. Check who you’re dealing with before providing any info. Learn more @ https://t.co/zkeuJjuZFy