November 2024

The difference between a lump sum withdrawal of super and a retirement income stream, and the tax consequences.   Choose a lump sum or income stream When you meet the retirement condition of release, you can usually choose to withdraw your super as either a: super lump sum super income stream combination...

Treasury does not believe removing tax concessions for property investors would shift the dial for housing affordability, despite being asked to investigate the impact of the tax changes by the government. The department’s secretary, Steven Kennedy, said he has “strongly encouraged” the government to fix its...