You have4 free articles left this month.
Register for a free account to access unlimited free content.
You have 4 free articles left this month.
Register for a free account to access unlimited free content.
Powered by MOMENTUM MEDIA
lawyers weekly logo
Powered by MOMENTUM MEDIA

The SMSF Party set to register after reaching 500 members

news
By mbrownlee
February 04 2019
1 minute read
12 View Comments
Grant Abbott
expand image

The SMSF Party has now reached the number of members required for registering it as a federal political party with the Australian Electoral Commission.

Last month, I Love SMSF chief executive Grant Abbott launched the SMSF Party, a new political party aimed at protecting the current benefits of existing SMSFs and their members.

The SMSF party has now obtained the number of members required to commence the registration of the party.

 
 

In order for a federal political party to be registered with the Australian Electoral Commission, it needs to have at least 500 members who are on Commonwealth Electoral Roll but not members of other political parties.

“Honestly at the moment we are fed up with both parties and will be looking to make our message very clear, that is, there is a need for not only the protection of existing super benefits but also a promise of not making further changes,” said Mr Abbott.

“Once retired, the last thing a retiree needs is to change their retirement income stream – particularly self-funded retirees who have chosen to look after themselves rather than rely on the aged pension.”

The next step for the SMSF Party, he said is to finalise the registration and determine who it will be putting forth as candidates.

“We are seeking expressions of interest through Ashleigh Jaremyn, party director by way of email,” he said.

 

You need to be a member to post comments. Become a member for free today!
Miranda Brownlee

Miranda Brownlee

Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.

Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.

You can email Miranda on: miranda.brownlee@momentummedia.com.au

Comments (12)

  • avatar
    I assume this is for he senate ?? Or is it both ?? Are there how to vote cards available as yet ??
    0
  • avatar
    Congratulations Grant! High time we were represented and taken seriously.
    0
  • avatar
    Edward (ewsullivan@bigpond.com Thursday, 21 February 2019
    Quick how do I join
    0
  • avatar
    Self funded retirees need to stand up and expose the arrogance of Bill Shorten and Chris Bowen who mistakenly believe that self funded retirees are "well off". I have a real problem with Politicians that have come up via the union movement and the political landscape setting agendas that negatively impact on people that have planned for the their retirement over many years.

    Well done to Alexa who have set up the SMSF Party
    0
  • avatar
    I look forward to hearing more and would certainly be interested in joining and voting for such a party. I'm not a retiree yet, just someone trying their best to prepare for it. I disagree that this is a bad idea. The disingenuous and divisive voices that are pushing the line to younger generations that Super is something that older people benefit from at the expense of others have been getting way too much airplay. Where do I sign up? Is there an email address or website?
    0
  • avatar
    This is such a terrible idea.

    Whilst the concept of protecting and conserving the interests of superannuation members is something that needs to be done, and is an admirable endeavor the industry already has a target on its back from both labour and the "average" punter.

    A party specifically devoted to "conserving superannuation interests" is going to further the general public view that self managed superannuation is both elitest and disconnected from the "battler." This will give labour so much public support and impetus behind more and more "targeted" attacks against the industry.

    An admirable endeavour wrapped up in terrible delivery. Find a better way to do this.
    0
    • avatar
      What an uneducated view. But I guess that's politics. Well done Grant and every other member who has made this possible. We probably wish the associations stepped in sooner but at least someone had some guts.
      0
  • avatar
    Great steps forward for us who are funding our retirement, and who are imminently threatened by Shorten, Bowen and other Lefties who have never had a real job.

    When will the Prime Minister make a clear statement in support of self-funded retirees?

    When will we hear from Treasurer Friedenberg as to the outcome of his Enquiry into “Franking Credits”?

    0
  • avatar
    Bob Dawson SSA (Retired) Tuesday, 05 February 2019
    Great initiative, for too long SMSF Members and their advisers have had to put up with bumbling idiots, disinterested regulators who are only interested in political points scoring, lets shake them up and move them out to pasture
    0
  • avatar
    Well done Grant
    0
  • avatar
    Great initiative I want to be a part of it
    0
avatar
Attach images by dragging & dropping or by selecting them.
The maximum file size for uploads is 10MB. Only gif,jpg,png files are allowed.
 
The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.
The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.
Posting as