The excess-contributions tax system is broken and the federal government needs to review it as a matter of urgency. This was the message to delegates on the opening morning of the SMSF Professionals’ Association of Australia’s (SPAA) national conference in Melbourne from technical director Peter Burgess. Introduced as an SMSF “guru”, Burgess began with an
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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