Prepared for mining and resources executives and employees who have an Executive Share Scheme (ESS) as part of their salary package, this document provides an insight into the nature of ESS. We aim to create an awareness of the inherent complexity involved in managing an ESS, the requirement for constant review and the high probability…
Graduates and students working full time in the mining and resources sectors for part of the year may be eligible for a $500 boost to their superannuation account thanks to the Government’s superannuation co-contribution scheme. It’s a little-known benefit that’s well worth looking into for income earners who earn less than what the Government considers…
The Australian Prudential Regulatory Authority (APRA) recently announced a range of measures to income protection that aims to sustain this important insurance. Here I summarise why these changes are SO important, and why high-income earners and self-employed business owners in mining and resources need to act NOW to benefit from favourable definitions that will soon be removed.
If your goals as a professional in mining and resources include purchasing your first home, the new First Home Super Saver Scheme (FHSSS) is well worth your consideration. The FHSSS allows individuals to make voluntary superannuation contributions with the ability to withdraw them (plus associated earnings) for the purchase of their first home later. The…
