From 1 July 2022 super fund members may be able to release up to $50,000 in eligible contributions plus associated earnings.
Global shares fell in unhedged and hedged terms but global emerging markets rose over the month. Australian shares performed poorly during January. The leading sectors were Energy and Utilities with IT being the worst-performing sector for the month. Fixed income returns for the month were also poor. The $AUD lost against the $USD and the Yen.
We take a look at APRA’s new guidance and direction regarding home loan serviceability and income protection insurance.