A review of the non-profit superannuation industry led by Bernie Fraser and announced with huge fanfare by the union movement last year is set to sink without a trace if Labor wins power.
The loud debate about whether the proposed changes to superannuation are retrospective or fair, belies the fact that for many people it's moot.
If you have your own super fund with a strong home bias in your portfolio, you won't have been doing that well.
One thing seems to have been overlooked in the heated debate this week about the government's proposed superannuation changes: the Coalition has a potentially powerful advantage in key marginal seats it holds – older women facing an impoverished retirement.
While the fate of the budget's superannuation changes remains unclear, defined benefit fund members face the prospect of major changes to taxation conditions from July 1, 2017. Two proposals are likely to have the biggest impacts affecting current strategies.
More and more super funds are adding 'direct investment' options that allow fund members to tailor their super to their own requirements.
Budget changes to super should go further than just reining in the tax super breaks going to higher-income earners.
The Australian dollar is riding high, but those intending to head off to the northern hemisphere should change their dollars now before the Aussie dollar resumes its downward trend, analysts say.