Work Test Changes Are Now Law... But Changes To Bring-Forward Rule Not Yet Legislated

In Barwon Financial Planning’s February blog, we discussed a number of changes to the superannuation contribution rules to provide more flexibility for members to save for their retirement via superannuation.

While some changes have been legislated to come into effect on 1 July 2020, the change to the NCC Bring-Dorward rule is yet to be passed. As a result, with Parliament not scheduled to sit again, it is unlikely that this change will become law by its proposed 1 July 2020 start date.