We are preparing a detailed Dollar Notes newsletter on this topic and this memorandum should be available in a few days on the Dollar Notes section of the website.
In summary, you probably should, but there is no real rush as large amounts can still be paid after 30 June, particularly for married couples, the amount does not have to be $1,000,000 (and can be $1,450,00) if you wish, and you must ensure all debt is tax deductible. But may be large deductible contributions are better, either this year or spread over the next ten years
Let me know if you have any specific questions before then.
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