SMSF Penalty Units Increase to $364 from 1 July 2026
Learn how the SMSF penalty unit increase to $364 from 1 July 2026 may affect trustees and the potential financial penalties for compliance breaches. This article explains common SMSF penalties, trustee responsibilities and the importance of maintaining accurate records, meeting reporting obligations and complying with superannuation laws to help trustees stay informed and meet their obligations.
Interdependency Relationships: When Can an Adult Child Be a Dependant?
Learn how interdependency relationships may affect superannuation death benefits in Australia. Explore the requirements for an adult child caring for an ageing parent, including close personal relationships, living arrangements, financial support, domestic support and personal care, and why professional advice can be important when planning for superannuation and estate matters for your family’s future.