Expecting a child or adopting soon? Great news—There are major parental leave changes starting 1 July 2025, including extra paid leave. In addition, superannuation will be paid on Parental Leave Pay by the ATO. These new measures are designed to ease the financial load that comes with raising a new baby. Extended Paid Parental Leave – Now 24 … Read more
Planning for retirement is one of the most important financial steps every Australian should take seriously. In a recent financial outlook, ASFA (Association of Superannuation Funds of Australia) highlighted that a single person needs $51,803 per year to enjoy a comfortable retirement. But how do you know if you’re on track — or better yet, eligible for that super boost?Let’s … Read more
In 2025, 9.2 million Australians stand to benefit from significant changes to the superannuation system, offering a substantial $17,570 boost to retirement savings. The increase in compulsory employer superannuation contributions, combined with other adjustments, will provide a financial lifeline for many, particularly those looking to secure their future post-retirement. Key Details About the 2025 Superannuation … Read more