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Home Past News Articles Federal Budget 2011
Wednesday, 11 May 2011 09:20 Securinvest
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See attached for MLC's review of the Federal Budget and a summary of the changes which might affect you.
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Download this file (MLC2011FederalBudgetSummaryMLC.pdf)MLC 2011 Federal Budget Summary.pdf[ ]124 Kb

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Last Updated on Wednesday, 11 May 2011 10:07  

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The government has extended pension drawdown relief to include the 2011-2012 financial year. This relief allows for a reduction of 25% of the minimum pension amount required. If you're currently drawing from an account based pension and would like to reduce this amount, please contact our office.