Education

At the time of the most recent disclosure, the fund reported net assets of approximately $1.70 million and 1,243,084 units outstanding, positioning it among the smaller vehicles within its category by scale. The management fee is set at 1.18 percent per annum, which sits …

The encouraging part is that bad habits leave a trail. When you know what warning signs to look for, you can catch and correct them well before they become structural problems.

Your twenties are typically when financial habits form for the first time. Income is often lower, but so are responsibilities — which creates a window for establishing behaviours that will compound in your favour for decades.

The starting point is familiar to anyone tracking the reform. Earnings attributable to the balance band between $3 million and $10 million are effectively taxed at 30%, combining the existing 15% concessional rate with an additional 15% under Division 296. Earnings attributable to balances …

According to Australian Taxation Office data, listed shares account for around 27 per cent of total SMSF assets, making them the largest single allocation across the sector. Cash and term deposits sit at about 17 per cent, unlisted trusts at 13 per cent, non-residential …

Part of the story is timing. CompulsorySuperannuationhas existed in Australia since the early 1990s, meaning younger workers have never known a working life without it. Their super balances have grown large enough to make self-management feel worthwhile, and they have grown up treating super …

The headline figures are substantial. The number of SMSFs rose by 47,000 in the year to 30 June 2026, lifting the total to roughly 680,000. Collectively these funds hold more than $1.1 trillion in assets, cementing self-managed super as a major pillar of the …