If you want to include your super contributions in the 2020/21 financial year, you’ll need to get them in before 30 June 2021. This is particularly important if you plan to claim a tax deduction for contributions.
Women have been more adversely impacted by the economic fallout of coronavirus than men. This has long term implications that threaten to undermine women’s health, earning power and retirement options.
The rise of the gig economy has seen more people employed on a casual basis. But failing to build your super balance when you’re young means you’re missing out on years of compound interest and growth.
An estimated 2.9 million Australians have accessed part of their super under early access rules. By the time the scheme ends at the end of the year it’s estimated that $42 billion will have been withdrawn.