Virtue & Partners Latest News

It is important that we are on top of current events in our world and how they can affect markets and economies - both local and abroad

Enjoy the latest from the Virtue & Partners news desk.

Budget 2020 – A very comprehensive break down.

  The following 35 links break the 2020 Federal Budget down into bite size bits.  
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Budget 2020 – Fact Sheets

  The following links are to Fact Sheets that describe in detail how the Federal Government feels the 2020 Budget will impact you.  
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Budget 2020 – At a Glance, Overview, Outlook

  These three areas cover all you will need to know but the accompanying two articles cover more specific topics and they might help you better understand how the Budget affects you.  
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JobKeeper extension – changes implemented

  The legislative instrument implementing the changes to the JobKeeper scheme over the extended period was registered on 15 September 2020.  
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Temporary home office expenses shortcut extended again

  The 80 cents per hour work-from-home deduction method has now been extended for a further three months to the end of the year.  
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Investment preferences of the young

  As a new wave of investors enter the Australian share market, new trends begin to emerge.  
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How to construct an effective portfolio

  Portfolio construction is always a popular topic among investors, but as markets become more volatile, the practice of carefully piecing together a jigsaw of investments that weathers both good times and bad is particularly relevant.  
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Estate planning opportunities highlighted with work test changes

  With the work test changes for over-65s opening up opportunities for recontribution strategies, clients may be able to even up balances and adopt tax strategies for estate planning, particularly once the bring-forward measure is passed, says a technical expert.  
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Lenders are getting tougher on older borrowers

  Australian banks this month started the largest ever customer contact program in the industry's history.  
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September update of latest COVID-19 initiatives.

  With the ending of a number of the original COVID-19 relief and stimulus initiatives, August and the beginning of September has seen the release of new plans to move into the post-September period. Links to these updates and changes are listed below.  
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Update of Superannuation contribution rules from July 1, 2020.

  The rules around Superannuation contribution change almost every year, so it is important that taxpayers know what these changes mean to them.  
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More than $31bn paid under early super release

  The government’s early super release scheme shows no signs of slowing down, with almost 90,000 release applications received by super funds in the first week of August and more than $700 million in payments made.  
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As I See It is a regular video and news update from Dr Tony Virtue discussing the most recent developments in the financial and economic markets