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Important Updates to Education Flyers, Strategy & Product Text

Overview of our quarterly strategy review

Updated over 2 months ago

We've made several updates across our strategy content to ensure you have the latest information at your fingertips!

Strategy Flyers

📌Rate and Threshold Updates:

  • Small Business Tax Concessions: Lifetime CGT cap increased from $1,780,000 to $1,865,000; Total Super Balance (TSB) threshold increased from $1.9 to $2 million

  • Transfer Balance Cap: General TBC increases from $1.9 million to $2.0 million; Defined Benefit income cap increased from $118,750 to $125,000

  • Granny Flat: Allowable amount increased from $252,000 to $258,000

  • Centrelink Means Testing and Deeming: Updated thresholds:

    • Single: $62,600 to $64,200

    • Couple with one member getting pension: $103,800 to $106,200

    • Couple with no pension: $51,900 to $53,100

  • Funeral Bonds: Threshold changed from $15,500 to $15,750

📌References & Information Updates

  • Agency References: Updated references from "Centrelink" to "Services Australia" across multiple flyers (Jobseeker, Family Tax Benefit, Commonwealth Health Seniors Card, Age Pension, Granny Flat, Gifting, Aged Care)

  • Family Tax Benefit: Added information about additional eligible benefits (Newborn Upfront Payment and Supplement, Multiple Birth Allowance, Rent Assistance, Health Care Card)

📌Minor Updates Only:

The following flyers received only grammatical refinements and updated published dates (no rate changes):

  • Annuities

  • Business Expense Insurance

  • Business Protection Insurance

  • Capital Gains Tax

  • Carer Allowance

  • Carer Payment

  • Debt Management

  • Debt recycling

  • Disability Support Pension

  • Dollar Cost Averaging

  • Estate Planning

  • Exchange Traded Funds

  • Gearing

  • Guaranteed Income Stream

  • Investment Bond

  • Investments

  • Investment Risks

  • Managed Discretionary accounts

  • Margin Lending

  • Personal Insurance

  • Redundancy

  • Salary Packaging

  • Separately Managed Accounts

  • Set and maintain a budget

  • SMSF investment strategy

  • SMSF limited recourse borrowing arrangement

  • SMSFs

  • Trusts

Product Text

📌Insurance Product Text update:

  • MLC Insurance: Product issuer has rebranded to Acenda

  • Content Corrections: Fixed references that incorrectly used "we" instead of the product provider

  • Terminology Updates: Made minor wording adjustments to align with current premium terminology

Strategy Text

📌Common Updates Across Multiple Strategies:

  • Bank Deposit Guarantee Notes added across investment strategies

📌Government Services & Benefits:

  • Updated funeral bond value $15,750, aged care MPIR updated 8.42% to 7.78%

  • Updated pension bonus claiming information

📌Estate Planning:

  • Added non-lapsing binding nomination option

📌Superannuation Strategies:

  • Updated FHSSS eligibility criteria

  • Added eligibility details for age groups under 67 and 67-75

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