Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Starting July 1, Australia raises its superannuation limits to $2 million due to inflation.

flag Starting July 1, Australia's superannuation limits will increase due to inflation. flag The non-concessional contributions limit will rise to $2 million for individuals with fund balances below this amount, up from $1.9 million. flag The Transfer Balance Cap (TBC), which limits the amount one can transfer into a tax-free retirement pension, will also increase to $2 million, indexed proportionally to the Consumer Price Index. flag Those yet to start a pension, using partial TBC, or with transition-to-retirement pensions should seek professional advice to navigate these changes.

80 Articles

Further Reading