Australian budget Archives - PX Pension Exchange

23 Jul Australian Federal Budget 2018

Posted at 05:18h in Blog

The Australian Federal Budget was handed down on 8th May 2018. With the next Australian federal election due to be held within the next 12 months, many are seeing this as an ‘election budget’. It should be noted that the measures outlined are subject to being...

20 Dec Australian Superannuation Changes Confirmed

Posted at 10:09h in Blog

The Australian Government has now finalised some of the changes introduced in the May 2016 Australian budget. These include the following: - The work test will remain for over 65s in order to make non-concessional contributions into Australian superannuation; - The non-concessional contribution limit to be reduced from...

15 Sep Australian Government Scraps $500,000 Lifetime Non-Concessional Contribution Cap

Posted at 21:09h in Blog

The Australian Government has today outlined changes to the Australian superannuation proposals which had been included the May 2016 Federal Budget. The proposed lifetime cap of $500,000 on non- concessional contributions (which includes pension transfers from the UK) had been the subject of much contention...