Joseph Cheung, Lawyer and William Fettes, Senior Associate, DBA Lawyers
An individual’s total superannuation balance (‘TSB’) determines many of their superannuation rights, entitlements and obligations. Accordingly, there is a strong incentive for individuals to carefully monitor their TSB over time, particularly towards the end of a financial year (‘FY’) when most TSB thresholds are tested.
Written by Joseph Cheung, Lawyer and William Fettes, Senior Associate, at DBA Lawyers
I always wondered where this colloquialism came from and whom used it first. As I was writing this blog post, I asked Mr Google who popularised this term. I was surprised by the response. For those of you uneducated like me, the term was first attributed it to the British Prime Minister Benjamin Disraeli who said: “There are three kinds of lies: lies, damned lies, and statistics.”
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