Business
Super changes revealed in this budget are being hailed as a game-changer. Here’s why – ABC News
From online comparison tools to outing underperforming accounts — take a look at the biggest changes to superannuation set to take effect next year.
Our super system is set for a shake-up after surprise reforms announced in this week’s Budget.
The changes, which are set to be introduced next year, aim to make it easier for us to choose the right fund and stop the erosion of savings through unnecessary fees.
“These are some of the most significant structural reforms to the super system since it started,” said Professor Susan Thorp, a super expert with the University of Sydney Business School.
And here’s what that means for you.
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