Last week we looked at the recent Budget’s ‘big picture’ – the unexpected surplus of $4 billion. This week, we take a closer look at some of the specific announcements. There were no really ‘big’ announcements (other than the surplus); rather there were a suite of smaller changes.
This is the third in our trilogy examining superannuation throughout a working life. Having looked at those people starting out in their career and those in the middle decades of their career, let’s focus on people in the last ten to fifteen years of their working lives. People for whom the gold watch of retirement is coming into view.