Liam Shorte
š¤ SpeakerAppearances Over Time
Podcast Appearances
Yeah, but what I'm worried about is if they need green support...
to get the budget through that they're going to ask for things like the LRBAs, the borrowing through super to be, they've been trying to get rid of that for years.
So I'm saying play the little story at the moment, but it really is a case of people need to, with their super, get their contributions in, get the spouse contribution in, get the super splitting done, top up to your 30,000,
Next year, that goes up to 32,500, James.
So there's a lot of space.
Look at your unused for the last five years.
And really, if you're anywhere 55 plus, you should be really looking at pumping that super up.
And one of the main things you need to understand now, do your research before you get to 60.
It's so important to try and get into pension phase as early after 60 as possible.
And that means meeting a condition of release.
So I keep on telling this one to people, but it's
leaving any one employer after 60.
So you can have your main job, start up a second sideline job, a sideline hustle, do Uber or work at the election booths.
I have people who invigilated exams at the schools and universities.
Yeah.
Once you finish that job, you've met a condition of release.
So you could still be doing your main job.
That means you're getting your super into pension phase five to seven years earlier than you normally would.
All of these are going to become so much more important because of these changes to tax.
Yeah, from the 1st of July.