Changes to Super Laws

Jan 15, 2019 | News, Newsletter

From 1 July, there are some changes happening to superannuation laws.  These are:

  • A cap on fees if there is less than $6000 in a super account
  • If there have been no payments into your super account for 16 months, the super mob can take away any insurance on that account
  • Accounts where there have been no payments or contact with the member and that have low balances will be sent to the Australian Tax Office

You can find out more information at the Treasury Website

Money Mob recently partnered with the Central Desert Regional Council (CDRC) to deliver information sessions to aged care residents in Atitjere, Ti Tree, Wilora, Willowra, Laramba, Yuelamu and Lajamanu.

Alongside the residents, staff and carers had a chance to learn skills in financial literacy, saving goals, debt, financial abuse, humbug and making informed decisions when spending.

We provide practical financial literacy training services for individuals to gain confidence and competence in essential financial life skills.

Interested in learning more about our training services?
Get in touch with our friendly service providers for more information.

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Project Wrap Up in Adelaide

Project Wrap Up in Adelaide

by | Jun 30, 2023 |

The Pawa Atunmankunytjaku team headed to Adelaide on Tuesday 27 June to present on everything we had learnt over the past three years. We were lucky to be joined by Dora, Denise and Irene who had made their own way from Yalata community to Adelaide. We attended a...