In this update, we’re joined by Jodie Hampshire – Managing Director of Russell Investments Australia. Jodie talks to us about the connection between Nationwide Super and Russell Investments, and gives us her insights into the superannuation landscape heading into 2020.

With some 4,000 newsagencies operating across Australia boasting turnover of $6 billion, the industry is not likely to disappear soon. Shoppers still prefer the convenience of popping into the neighbourhood store to grab a quick gift or stationery and envelopes to ordering online and waiting a few days for delivery. 

In 1992, the government made superannuation compulsory to ensure that every working Australian saved for their retirement. The policy aimed to address the challenge of retirement income in three ways.

In this update, we’re joined by Ben Kearney, CEO of the Australian Lottery & Newsagents Association (ALNA). Ben talks to us about ALNA’s role, and what it takes to be a successful newsagent in the digital age.

Government legislation allows your spouse to make spouse superannuation contributions for you if you earn up to $40,000, and claim a tax offset. If you earn below $37,000, your spouse can claim the maximum tax offset of $540 when they contribute at least $3,000 to your super. Find out more.

The Australian Taxation Office (ATO) has released the key superannuation rates and thresholds for the 2019 – 2020 financial year.