KSW Insight Newsletter | March 2024


March 2024 | VOLUME 188
KSW Newsletter for Clients and Associates of Kreston Stanley Williamson

New Superannuation Contributions Caps from 1 July 2024

The recent release of the December 2023 AWOTE data reaffirmed the enduring challenges of high living costs and stagnant wage growth. However, there are other changes amongst this economic landscape: an adjustment in superannuation contribution caps effective from July 1, 2024. Read more for additional insights into this adjustment and its implications.

Do You Want to Save Money on Your HELP Debt?

Higher Education Loan Programs (HELP) are loans provided by the Australian government to students enabling them to pursue education at Australian educational institutions. As of June 1, 2024, HELP debts will be indexed upward by 7%, notably higher than in previous years due to recent inflation rates. Read on for guidance on minimising the indexing of your HELP debt.

KrestonSW’s Outreach Program to the Indigenous Community

Aligned with Kreston Global’s impact plan, KrestonSW is dedicated to four foundational pillars: Planet, People, Prosperity, and Partnerships. Demonstrating this commitment, we recently organised an outreach initiative to assist children and the indigenous community residing near Mt. Pinatubo in the Philippines. Read more to learn further details about our efforts.

A Day on the Greens – KrestonSW’s Annual Golf Day Highlights

KrestonSW’s Annual Golf Day was a resounding success, drawing participants to the prestigious Concord Golf Club on March 18, 2024. Amidst the scenic beauty and challenging fairways, attendees enjoyed a day filled with friendly competition and networking opportunities. Read more to discover what happened on this day and who emerged as the winners!

Kreston Stanley Williamson

*Correct as of 27 March 2024

*Disclaimer – this newsletter has been produced by Kreston Stanley Williamson as a service to its clients and associates. The information contained in the article is of general comment only and is not intended to be advice on any particular matter. Before acting on any areas contained in this article, it is imperative you seek specific advice relating to your particular circumstances. Liability is limited by a scheme approved under professional standards legislation.

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