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.

Big concessions looking likely for transfer balance limit: ATO

The ATO has given a strong indication that there will be concessions made in relation to events-based reporting for those SMSFs with balances significantly lower than $1.6 million, after a period of industry consultation "blew out" the ATO's expectations.
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Raft of superannuation measures enter Parliament

The government has introduced a number of bills into Parliament relating to contributions including the removal of an employer loophole with salary sacrifice arrangements.
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US Fed policy: Normalisation begins

Commentary by Vanguard Global Chief Economist Joe Davis. Figures cited are in Australian dollars, at September 2017 exchange rates.
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What the gig economy may mean for your super

Keith Richards of The Rolling Stones probably wouldn't define the gig economy as a market where buyers and sellers of services and goods are matched or organised through online platforms. This is a definition that the Association of Superannuation Funds of Australia (ASFA) uses in a discussion paper released late last month.
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Australia’s leading causes of death – ABS

Not the sort of topic one might normally come across but keeping an eye on the 'big' picture is always good for keeping things in perspective.  Census data from 2006, 2010 and 2015.
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Government introduces first home scheme laws

Legislation for the government’s First Home Super Saver Scheme (FHSSS), as well as its proposed new superannuation rules for retirees downsizing their homes, have been introduced to parliament.
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Are young investors wasting their youth?

It was George Bernard Shaw who coined the phrase 'youth is wasted on the young'. In Australia today, it seems the young may be wasting their investing youth.
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ATO granted super enforcement powers

The government has announced a number of reforms designed to give the ATO more powers to oversee and enforce superannuation guarantee payments.
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The great Australian (retiree) dream

The very high level of debt-free home ownership among current Australian retirees helps counterbalance their low average super savings, undoubtedly contributing to any sense of financial security.
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ATO to release further guidance on reserves

The ATO is set to release further guidance outlining the circumstances in which it is appropriate for an SMSF to establish and maintain a reserve.
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A real-world benchmark for SMSF performance

Loneliness may well be the bane of the long-distance runner's lot, but isolation can be a major challenge for SMSF trustees to manage too.
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Our ‘hardest’ SMSF tasks

What are the hardest aspects of running your self-managed super fund (SMSF)? There are certainly more and more tasks and professional help my be needed to manage them properly.
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