cruiser51
Top 20
Just be aware of the proposed new superannuation rules, still to be discussed in parliament and senate, however back dated to 01/07/2025.With ICSID only suspended until 23-Jun, I suspect the AVZ-KoBold deal could follow swiftly after the peace agreement expected in the week of 15-21 June. Given this timeline, I’m not taking any chances—a few weeks ago, I resigned from work, with my last day set for 11-Jun. On the same day, I will transition my SMSF from accumulation mode to pension mode.
I had been planning to retire soon anyway, but kept delaying to wrap up everything at work. Now, with the imminent KoBold-AVZ deal, I finally have the motivation to stop postponing—especially since I’ve already delayed for too long.
I believe it to be important that funds are in the super account before that date, not that we have any control over it, but as far as I understand it's worth a few pallets of beer.
It is definitely worth looking up how it is going to effect you, if it is negative, probably throw up and have your thoughts while being curled up in the fetus position around the tolate bowl.