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Super changes the big Budget surprise – Small Caps

Budgets always have a habit of springing surprises and the big one this year was a major reshaping of Australia’s $3 trillion superannuation industry.

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Budgets always have a habit of springing surprises and the big one this year was a major reshaping of Australias $3 trillion superannuation industry.
Super has been in the news all year given the controversial but highly popular moves to allow emergency withdrawals due to the COVID-19 pandemic.
In the end about 2.87 million individuals have withdrawn $35.6 billion with potentially more to come but the Budget changes ensure super will remain in the news in the year to come.
There are a number …

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