Federal budget report 2018-19 | Accurium

Government confirms role of actuarial certificates

On Tuesday 8 May 2018, the Treasurer, Scott Morrison, released the Government’s 2018-19 Budget.

The Budget this year has an emphasis on retirement and there are a number of changes that will require your consideration for both pre and post retiree clients. These include an increased focus on the retirement income legislative landscape, SMSF audit requirements, superannuation work test and personal income tax thresholds.

It is important to note that before any of these announcements can be implemented they will require the passage of legislation and they may be subject to change.