Posts tagged super co-contributions

super co-contribution reduced

Changes to the government superannuation co-contribution scheme from July 2012

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May 10, 2012
in ,
Prior to the May 2012 Federal budget the government announced a reduction in the superannuation co-contribution scheme. The government will reduce the maximum co-contribution to $500 from 1st July 2012 on a 1 for 2 basis. For the current financial year ending on 30th June 2012, a person can [...]
co-conributions to be halved

Halved measures

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April 3, 2012
in
With the benefit soon to reduce, time is running out to make the most of the super co-contribution. Government superannuation co-contributions for low- and middle-income earners will be halved from July. The change means that the lead-up to June 30 will be the last opportunity many people [...]
What is superannuation?

What is Superannuation?

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February 23, 2012
in ,
In Australia superannuation (super) is a retirement program covered by government legislation. It is designed to provide and encourage individuals to build a nest egg they can draw on in retirement.
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