The Super Brief | October 2024

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Plenty ado in Parliament this month, with super on parental leave and the climate risk disclosure framework passing both houses. The Economics References committee also returned its report into consumer experiences in retirement – recommending further consideration of using super for mortgage offset accounts.

APRA released annual performance test results and concluded an internal restructure. ASIC released its half-yearly enforcement update, with judgement handed down in several litigated matters. ASIC also adjusted wage inflation assumptions for calculators, issuing relief until December 31 this year.

Jack Allen
Lawyer