Monthly Musings

In this “Monthly Musings” for the month of June we will observe the market movements for the month, release a brand new “3 Minute Tech” where we take the time out to answer some of the recent questions we have received, present an overview in our Focal Point section on Government Co-Contributions, and feature the latest episode of our “Finding the Front” podcast with Marnie Finlayson, a Managing Director with mining giant Rio Tinto and a Non-Executive Director of Northern Star. This is a fantastic insight into Marnie’s diversified mining career pathway and her insights into leadership. As the recent head of Rio Tinto’s Battery Materials division, she provides some excellent insights into lithium and the opportunity set. 

As always, we hope you enjoy.

Episode 36: Your Questions Answered

Government Co-Contribution

With 2023/24 done and dusted and the new financial year upon us, it is a great time to review and kick start some financials goals.  The new financial year brings income tax cuts under the rollout of the revised Stage 3 plan. In addition, the concessional and non-concessional contribution caps have lifted. However, how can low and middle income earners benefit their superannuation position in juggling the above? The government super co-contribution scheme provides an option. This is explored below.