Keep up-to-date with the latest changes on topics such as tax, super and social security, and how the Government’s response to the economic impact of Coronavirus could affect you.
Managing the COVID-19 crisis–an update on Government policies that might affect you
In global terms, Australia is managing the COVID-19 crisis well. However, loss of consumer and business confidence have affected the economy and so the Government has stepped in with massive support measures.
The Government’s economic response to COVID-19. What it costs. How it’s changed.
In sheer dollar terms, the Government’s response to the economic impacts of the COVID-19 pandemic has been amongst the largest in the world (per capita). That response has been multi-layered.
Temporary early release for superannuation
On 22 March the Federal Treasurer announced a package of considered, temporary changes to superannuation for people facing significant financial hardship as a result of the Coronavirus.
Accessing your income stream in retirement, including minimum withdrawal changes
In response to the coronavirus, the government has introduced changes to the minimum amount you’re required to withdraw from your income stream when you retire. In this article, we’ll address what these changes are and provide things you might consider when investing your money.
Wealth Warning: Things to consider about the Government’s $10K early release of super measure
The Federal Gov’t has announced people facing significant financial hardship as a result of the Coronavirus may be able to access a portion of their super early. We look at some of the key points to consider.
This information is accurate as at 27/03/2020. This communication has been prepared by NULIS Nominees Australia Limited (‘NULIS’) ABN 80 008 515 633 AFSL 236465, in its capacity as trustee of the MLC Super Fund. NULIS is a member of the National Australia Bank group of companies (‘NAB Group’). An investment with NULIS does not represent a deposit with or liability of, and is not guaranteed by NAB. This information may constitute general advice. The information contained in this communication is general in nature and does not take into account personal objectives, financial situation or needs and because of that you should, before acting on the advice, consider the appropriateness of the advice having regard to your personal objectives, financial situation and needs, plus consider the relevant Product Disclosure Statement. Opinions constitute our judgement at the time of issue and are subject to change. Neither NULIS nor any member of the NAB Group, nor their employees or directors give any warranty of accuracy or reliability, nor accept any responsibility for errors or omissions in this communication. Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market.