Hi Aris, Welcome to this week's edition of Smart Investing. Last night's federal budget contained some positive news for self-funded retirees, and for people who will receive paid parental leave. As well as announcing a continued freeze on social security deeming rates, the government confirmed it is extending superannuation to parents taking paid leave. The end of the financial year is fast approaching, which means you have a limited amount of time to take full advantage of this year's annual superannuation contribution caps. In our lead article this week, Vanguard's Senior Personal Finance Writer, Tony Kaye, details five ways to get more money into your super fund account before 30 June. Our second article takes us to the start of the new financial year and lists the range of superannuation changes coming into effect from 1 July, including higher concessional and non-concessional contribution limits. Lastly, in our third article, Robin Bowerman examines the lasting legacy of Israeli-American psychologist Daniel Kahneman, who was awarded the Nobel Memorial Prize in Economic Sciences in 2002 for his pioneering research into investor behaviours. This work became the foundation of what is now known as behavioural economics. |