Monthly Archives: May 2012

Budget 2012 – key take outs

Contribution cap to remain at $25,000 for everyone regardless of age or balance until 2014 The decision not to raise the concessional contribution beyond $25,000 from 1 July 2012 for individuals over 50 is disappointing and will make it harder for most people approaching retirement, or individuals with broken working patterns, to adequately save for [...]

2018-01-22T08:14:37+00:00 May 23rd, 2012|