We’re pleased to provide members with AvSuper’s overview of the Federal Government’s 2012 Budget to help you understand the likely impact on your super.
Whilst the Budget did not include a lot of changes to super, those that were included could have significant impact for certain groups of members. We have produced a fact sheet outlining the super aspects of the Federal Budget, including two of the main changes:
- a deferral of higher concessional contribution caps for older members
- introduction of a higher super contributions tax for very high income earners
AvSuper members who want a better understanding of how these changes may impact them personally are reminded of the free appointments with our member advice consultants.