Golden opportunity to boost savings
Every new financial year kicks off with a raft of super changes. If you want to maximise your savings in a tax-effective way you need to keep abreast of these developments. Your super balance will be all the better for it.
Colin Lewis, head of strategic advice at Fitzpatricks Private Wealth, says July is a good month to “put your house in order” given the rise in the super guarantee (SG) from 9.5% to 10% and in the concessional contribution cap from $25,000 to $27,500.
“People who are salary
