I am struggling with question 4 of the assignment as it relates to the first part. I believe I should concentrate my answer to the Superannuation contribution changes and caps that were introduced in 2016 however I can not find a reference of these changes in the text. Please advise the direction you consider appropriate. The question is as follows:

Question 4Legislative issues in retirement planning (15 marks |

LO3: Analyse the impact of government and monetary policy on the Australian financial markets.

Given the potential for government policy changes to both the superannuation and social security systems, discuss the possible impacts of such changes on Jill and Marcus's planning for retirement. Please provide discussion on the following points in your answer:

Superannuation system:

1.Select and detail two (2) recent and significant changes since 1 January 2015 to the superannuation system.

2.Discuss the potential range of future changes to superannuation.

3.Discuss how these potential future changes might affect Jill and Marcus's retirement planning.

Social security system:

1.Select and detail two (2) recent and significant changes since 1 January 2015 to the social security system.

2.Discuss the potential range of future changes to social security.

3.Discuss how potential future changes might affect Jill and Marcus's retirement planning.

Note: Parts 2 and 3 require you to conduct your own research and seek your own ideas or views as to what possible or potential changes the government could make at some time in the near future to the superannuation and social security systems, which could impact Jill and Marcus's retirement planning. Students are required to undertake independent research to answer this question.