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clock Created with Sketch. 19/11/22
20:31
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Originally posted by Hittman:
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The official word from the government is, they are going to look into it after their think tank on the definition of Super. Sole purpose test of Superannuation is to help people provide for their retirement. Painfully obvious that they want to expand it to a national savings fund to be used by governments. IE low cost housing.
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My understanding is you can not put non concessional cash or assets into super after hitting the $1.7m cap. This was not the case previously.
