Investors warned off making extra super contributionsBY MARK SMITH | THURSDAY, 11 JUL 2013 11:55AMAnyone under 50 should invest the absolute minimum amount into their superannuation fund, according to well-known stock-picker Roger Montgomery. |
Editor's Choice
Former chief financial officer at Rest returns in new role
|Rest is welcoming back it's former chief financial officer as its inaugural chief commercial officer.
Macquarie chair provides 'cautious' outlook at AGM
|Macquarie Group has provided its first quarter update at its AGM, with outgoing chief executive Shemara Wikramanayake describing trading conditions as "satisfactory".
GDG delivers 36% jump in FUM
|Generation Development Group has reported strong growth to the year ending June 30.
Aussie Olympian's brother sentenced over crypto scam
|The brother of Australian breakdancing Olympian 'Raygun' has been sentenced 12 months' imprisonment for his role in a global cryptocurrency scam.
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Yes Roger, the goal posts most certainly will change over the coming years and decades. What probably won't change though is the government knowing that the best way to ease future aged pension payments is for Australians to have a healthy super balance. It stands to reason that voluntary contributions into super will only occur is there are tax benefits; ergo there will always be more favourable tax rates inside, rather than outside, the superannuation environment.
Superannuation is certainly something of a political football and there may well be further change but I am unsure why anyone would decry the super fund earnings tax rate of 15% and a pension fund earnings tax rate of 0%. Even if there is an alteration to these tax levels, many investors are still left vastly better off when compared to their marginal rate of taxation. Sure, don't invest in super with your "ears pinned back" but don't be closed minded about the benefits either.
"It's as certain as gravity,"
Not only is Earth's gravity marginally inconsistent around the globe, it also fluctuates depending on the underlying mass of the Earth. Seismic events and even changes in groundwater levels can change the force of gravity in a given area. In addition, plate tectonic activity and the movement of glacial ice sheets have also been known to dampen gravity.
Sounds like the markets, Roger. You seem to be saying that uncertainty is certain. Nothing is certain, just ask Heisenberg.