Search results
Results From The WOW.Com Content Network
This means that for most Australians, the tax on their earned income sent to a superannuation account is less than the income tax on earned income sent to their bank account. Australians can contribute additional superannuation beyond the 11.5% minimum, subject to limits. The maximum amount that may be contributed per year is $30,000. [3]
AustralianSuper is an Australian superannuation fund headquartered in Melbourne, Victoria. It is an industry super fund , and so operates through a mutual fund structure. With over A$ 340 billion of retirement savings under management and more than 3.4 million members, AustralianSuper is the largest superannuation fund in Australia and the ...
In September/October 2011, a security vulnerability in First State Super's system was discovered by a customer. First State Super received considerable negative publicity nationally and internationally, [19] [20] [21] both for the severity of and ease of compromise of the exploit, and also for the actions and public relations that occurred in the aftermath of the notification.
In the 2016 federal budget, the government proposed to abolish, effective 1 July 2017, the exemption for investment income on a retirement phase account if the balance in the account exceeds $1.6 million. Where all the members of a fund are retired with balances below this threshold then the whole of the fund's income is tax exempt.
A Bank State Branch (often referred to as "BSB") is the name used in Australia for a bank code, which is a branch identifier.The BSB is normally used in association with the account number system used by each financial institution.
Activate package tracking in the AOL app Package updates are displayed at the top of the inbox in the AOL app, or in the Receipts view tab under the Packages filter. These updates include more information and quick links to assist you with tracking your deliveries and in-store pickup orders.
In September 2018, ISA arranged a deal by 19 industry super funds to consolidate superannuation accounts of all of their members. Involving half a million inactive accounts containing few funds, it is estimated that it may collectively save its members around A$100 million a year in what they would otherwise pay in fees and life insurance premiums.
But after Parliament passed a raft of emergency laws on Nov. 16, the man was ordered to observe a 10 p.m. to 6 a.m. curfew and wear an electronic ankle bracelet to track his movements at all times ...