Two superannuation bills, which include the proposed introduction of the $1.6 million transfer balance cap and changes to concessional contributions, have been passed by both houses. The Treasury Laws Amendment (Fair and Sustainable Superannuation) Bill 2016 and the Superannuation (Excess Transfer Balance Tax) Imposition Bill 2016 has been passed by both houses, according to the […]

Continue Reading

What time is tee-off?

Playing a sport is widely acknowledged to have benefits beyond the physical, with sporty folks commonly reporting below-average rates of anxiety, stress and depression. And according to the latest Roy Morgan data, Australians who play golf are among the least susceptible to these mental health conditions. For example, while 15.1% of Aussie adults suffer depression […]

Continue Reading

Super Update

Please join Bob & myself for morning tea in the Alchemy Boardroom on Wednesday 26th October at This is for our clients who want to hear how the recent changes may affect their retirement & super contribution plans. (See blog Budget Backflips published 16.09.2016).  We have as Guest Speaker a SMSF Specialist,  James Street. We […]

Continue Reading

SMSF Specialist & Proud Member

The SMSF Association is the authoritative voice for the self-managed superannuation fund sector. The Association, which represents professionals providing a range of services across various disciplines in the complex area of SMSFs as well as engaging trustees to become better educated and informed. The SMSF Association is an advocate for the highest professional standards and […]

Continue Reading

Budget Backflips

The Federal Government has dropped its $500,000 superannuation cap measure. In a move aimed at placating the Coalition back-bench and ensuring the passage of the Government’s broader superannuation package through the Parliament, Treasurer Scott Morrison confirmed the changes to the cap measure today. The Treasurer said the $500,000 lifetime non-concessional cap will be replaced by […]

Continue Reading

Alchemy - Gold Coast Accountants