Time to enjoy
Sign up to a super webinar
August 4th, 2020
With coronavirus restrictions preventing face-to-face events, our Financial Advice Team is taking our super education sessions online. We have two webinars planned for later this month: Planning For Retirement and Stepping Into Retirement. Planning For Retirement will take place at 3.00pm on Monday 24 August. This session is always popular with members who are within […]
Clothes shops, construction sites and hairdressing salons are part of a long list of businesses that will be forced to close under Stage 4 restrictions in Victoria. As the state recorded another 429 cases and 13 deaths on Monday, Premier Daniel Andrews announced a widespread shutdown that will affect almost every sector and have devastating consequences for […]
Beware super cold calls
July 28th, 2020
First Super members are urged to be cautious about a new style of cold call offering help with your superannuation. If someone phones you to talk about your superannuation and they are not calling from your super fund, they may not have your best interests at heart. Our Member Services Team has received reports that […]
Temporary early release of super scheme extended
July 28th, 2020
The Australian Government has confirmed that it is extending the application period for the COVID Early Release of Super Scheme. The announcement – part of the Government’s Economic and Fiscal Update (mini-budget) released on Thursday 24 July – will extend the second stage of the scheme from 24 September 2020 to 31 December 2020. The […]
Government prepares to make second household support payment
July 8th, 2020
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 […]
Getting active and staying online webinars
July 8th, 2020
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 […]
New partnership increases options for members from NZ
July 2nd, 2020
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 […]