I live in Canberra, but I must admit that until tonight I have never really stopped to watch the Federal Budget. But tonight my work put on pizza and wine, so I decided to stay back and watch it. I am not a specialised economic commentator, but I wanted to provide some thoughts – based on part on what I perceive is my own interest as to how I and most of my readers will be affected.
Superannuation has been in the news following the announcement of possible changes in the May 2016 Federal Budget. I have read a bit about the changes, but I must say it makes my eyes glaze over and I find it difficult to read most reports to the end (and I actually LIKE reading about financial topics). So I was happy to have the opportunity to clarify some of the changes with MLC financial planner Michael Miller.