Statements and Reporting Schedule
 

Statement type
ProductTarget date

PAYG payment summaries for pension accounts

Pension

July 2024

IDPS annual statements and audit reports

IDPS

By 31 July 2024

Personal contribution summaries

Super

End of July 2024

Tax reports

IDPS

In tranches from end of July to November 2024

Super and Pension annual statements

Super and Pension

In tranches from mid to late September to December 2024

ATO Annual Investment Income Report (AIIR)

Please refer to the ATO website for more information.

IDPS

31 October to end of December 2024

 

 

For more information please visit Reports and statements.

Finding a financial adviser

We strongly recommend having a financial adviser linked to your Macquarie Wrap account.

They can help you manage your account and achieve your financial goals. If you already have an adviser, we encourage you to link them to your wrap account.

EOFY cut-off dates and tasks

View all key tasks for June and their processing cut-offs.

Important notes

Add a reminder

You can add a calendar reminder to help you keep track of the cut-off dates for EOFY related tasks.

Wherever possible, use digital methods to action requests or payments.

Please use email to avoid any possible delays with postal delivery.

Submit paperwork as early as possible and ensure it’s completed correctly before emailing it to us.

  • If you’re able to submit paperwork before the provided cut-off dates, there’ll be a higher chance that we can work with you to resolve any queries and/or confirm if any outstanding information is required before the final cut-off dates.
  • Please ensure that all forms and documents are fully completed and signed by the correct signatories to reduce the risk of any processing delays.

Remember

During the first two weeks of July, we’ll be calculating FY24/25 pension payments. If you have a Term Allocated Pension, you won’t be able to make changes to it during this time.

You should check straight after our recalculation that the new pension amount is in line with your expectations, so you can change it before your next payment if necessary.

Cut-off dates and tasks

Our last day of processing for the 2023/24 financial year will be Friday 28 June 2024. Pension recalculations will occur in the first two weeks of July.

Below are the cut-off dates for all EOFY tasks and requests. The cut-off time on those dates is 5.00pm (Sydney time). We need to receive all necessary documents and information, including consents or approvals, before the cut-off. Any requests that are still incomplete by the cut-off will be processed on a best-efforts basis.

 

DateWhat we need from you
Monday 3 June

Amend/create a recurring debit

Monday 3 June

Submit a re-contribution form

Tuesday 4 June to Friday 14 June

Pension applications

Friday 7 June

Amend a previous contribution

Friday 7 June

Final pension updates for FY23/24

Friday 14 June

Action a product switch

Friday 14 June

Transfers (in and out) for internal asset transfers, Equities and Managed Funds

Friday 14 June

Switches, transfers and closures for Separately Managed Accounts

Friday 14 June

Change of service notification

Wednesday 19 June

Close an account

Friday 21 June

Deposits and contributions by cheque

Tuesday 25 June

Ad hoc direct debit requests

Tuesday 25 June

Deposits and contributions (EFT and BPAY) 

Wednesday 26 June

Manual withdrawals

Wednesday 26 June

Contribution splitting

Thursday 27 June

Deduction notices

Wrap tasks

MonthTasks where action may be requiredWho it affects
June

Wrap pension indexation

After the mid-June pension run, you have until Friday 28 June to update your pension settings before the July 2024 pension recalculation.

Pension clients
July

Wrap pension recalculations

Also known as ‘the pension freeze’, in the first two weeks of July we recalculate pensions for the new financial year. You won't be able to make changes to your pension or withdraw money from your pension account during this time.

Pension clients

Cash tasks

MonthTasks where action may be requiredWho it affects
June

BPAY® deposits, future-dated transactions online, manual withdrawals, applications (online and paper), additional deposits and online withdrawals have their own cut-off times and dates throughout June.

CMA and Accelerator clients
June

Term deposits

Please note 31 days’ notice provisions apply to any changes prior to agreed maturity. Applications, additional deposits (on maturity), withdrawals (on maturity) and rollover instructions all have their own cut-off times and dates throughout June.

Term deposit clients

Tips and FAQs
 

How can I avoid processing delays for EOFY? 

Check your available cash
  • Before submitting a withdrawal or rollover request, check your available cash to avoid any processing delays.
Ensure sufficient cash is available in your pension account
  • This is to make sure pension payments can be made in June to satisfy any minimum pension requirements for FY23/24.
Check your direct deposit facility
  • To ensure we can receive and process contributions that are paid by funds transfer, please check your direct deposit facility. If you intend to make a contribution via EFT to your super account, it’s important the direct deposit facility is set up with the correct contribution type. You can change the contribution type by calling us on 1800 025 063, 9am to 5pm (Sydney time) Monday to Friday.
If you have an investment account, ensure your account is ready for tax reporting
  • Please check you’ve supplied correct cost base information where assets are being transferred in via in-specie transfer, to ensure your account is ready for tax reporting. Incorrect or incomplete cost base information can impact the accuracy of reporting. Check you can supply all relevant cost base information for assets transferred into your Wrap account.
Submit paperwork as early as possible
  • If you’re able to submit paperwork before the provided cut-off dates, there’ll be a higher chance that we can work with you to resolve any queries and/or confirm if any outstanding information is required before the final cut-off dates.
Check that paperwork is completed correctly
  • Please ensure that all forms and documents are fully completed and signed by the correct signatories to reduce the risk of any processing delays.
How do I open an account?Read the article
How do I access my statements?Read the article
How do I make a payment or withdrawal?Read the article
How do I make a contribution or deposit online or through cheque?Read the article
How do I find my cash holdings?Read the article
How do I close my account?Read the article
What are the typical payment cut offs and processing times?Read the article

Useful links

Additional information

This information is provided for the use of licensed and accredited brokers and financial advisers only. In no circumstances is it to be used by a potential client for the purposes of making a decision about a financial product or class of products. This information does not take into account any person’s objectives, financial situation or needs. Before making any financial investment decision or a decision about whether to acquire or continue to hold any products mentioned on this page, a person should obtain and review the offer documents relating to that product and also seek independent financial, legal and taxation advice.

Unless stated otherwise, this information has been prepared by Macquarie Bank Limited ABN 46 008 583 542 AFSL and Australian Credit Licence 237502 (MBL).

Any information on Macquarie Wrap products has been prepared by Macquarie Investment Management Limited ABN 66 002 867 003 AFSL 237492 RSEL L0001281 (MIML). The Macquarie Separately Managed Account is issued by Macquarie Investment Services Limited ABN 73 071 745 401 AFSL 237495 (MISL). In deciding whether to acquire or continue to hold a product, a person should consider the PDS, IDPS Guide, or other relevant offer document(s) available on the Macquarie website. Our Target Market Determinations are available at macquarie.com.au/TMD.

Funds invested on your behalf by MIML, or investments in the SMA other than cash on deposit with MBL, are not deposits with or other liabilities of MBL or any other entity of the Macquarie Group and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. None of MBL, MIML, MISL or any other member of the Macquarie Group guarantees any particular rate of return or the performance of the investments, nor do they guarantee the repayment of capital.

Any information on this page in relation to mortgages has been prepared by Macquarie Securitisation Limited ABN 16 003 297 336 AFSL and Australian Credit Licence 237863 (MSL).