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Time to enjoy

Time to enjoy     News & Media     

The Government is scheduled to make its second $750 payment on 10 July as part of its measures to support households to manage the economic impact of the Coronavirus. This payment is expected to be made to around 5 million social security, veteran and other income support recipients and eligible concession card holders. Around half […]

Time to enjoy     News & Media     

Spotting online scams and connecting to others are the upcoming topics in the “Be connected” webinars that will run next week. Provided the Australian Government’s eSafety Commissioner, the free online workshops aim to help older people improve their computer skills and stay safe online. Australians aged over 55 lost more than $50 million to scammers […]

Time to enjoy     News & Media     

We would like to remind you of some Government changes around the age pension and superannuation drawdown. As part of the Federal Government’s economic response to the COVID-19 crisis, announced on Sunday 22 March, it stated changes to how pension income will be assessed to reflect the current interest rate environment and the impact of […]

First Super has launched a new calculator tool to help members better manage their finances if their income is reduced or stops unexpectedly. With the coronavirus pandemic affecting a wide range of sectors and businesses, many people have had their working hours reduced, their overtime stopped, or been made redundant. The Federal Government is expected […]

First Super is making it easier for New Zealand migrants to transfer their KiwiSaver balances to Australia and benefit from tax savings on their retirement savings under a new partnership with NZRelo. Your super fund has agreed an exclusive three-year partnership from 1 July 2020 to promote its superannuation services to NZRelo community members, including […]

Members who took money out of their superannuation without meeting the eligibility requirements could face fines and prosecution, the Australian Taxation Office has warned. The Coalition’s early super access scheme allows eligible members to withdraw $10,000 in the last three months of this financial year and another $10,000 in the first three months of next […]

The latest in the series of “Be connected” free webinars will run on Monday 15 June. Provided the Australian Government’s eSafety Commissioner, the online workshops aim to help people improve their computer skills and stay safe online. The “Connecting to others” webinar has been designed specifically to overcome the barriers of current travel restrictions and […]

The worst of the coronavirus pandemic looks to have passed, but workers relying on government payments and loan deferrals must prepare for a challenging road ahead. Australia’s unemployment rate spiked following the coronavirus shutdown and is tipped to remain above pre-crisis levels until 2024. That will put a huge strain on workers’ wallets, with roughly 1.7 […]