Super updates

Find out about the latest changes and updates to superannuation.
Find out about the latest changes and updates to superannuation.
Find out about the latest changes and updates to superannuation.
Find out about the latest changes and updates to superannuation.

Federal Budget 2022-23

The 2022-23 Federal Budget lays out the Federal Government’s economic and fiscal policy for the year ahead.

This year’s Budget focuses on spending measures designed to address the rising cost of living, in light of ongoing COVID-19 challenges and geopolitical uncertainty.

No significant announcements were made in relation to superannuation. However, the Treasurer announced a continuation of the temporary reduction to the Minimum Drawdown rate for retirees.

Source: Australian Institute of Superannuation Trustees (AIST) 2022 Federal Budget summary.

Personal financial product advice is provided under the Australian Financial Services Licence held by a third party and not by AustralianSuper Pty Ltd. Some personal advice may attract a fee, which would be outlined before any work is completed and is subject to your agreement. With your approval, the fee for advice relating to your AustralianSuper account may be deducted from your AustralianSuper account subject to eligibility criteria.
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