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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.
6 September 2024

Treasurer unveils design details for payday super

  The government has released further details about the design of its payday super policy including an updated super guarantee charge framework.   
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5 September 2024

Government releases details on luxury car tax changes

  The draft legislation aims to modernise the luxury car tax by tightening the definition of a fuel-efficient vehicle and adjusting the indexation rate.
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28 August 2024

Most Gold Medals in Summer Olympic Games (1896-2024)

Check out which country has won the most Gold Medals in Summer Olympic Games (1896-2024)
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25 August 2024

Capacity doubts now more common

The partner of a legal firm specialising in superannuation has revealed the concept of SMSF member mental capacity is becoming more prevalent in estate planning challenges, prompting the need for practitioners to amend their procedures regarding all fund actions.
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22 August 2024

It’s never too early to start talking about aged care with clients

Financial planning professionals should be having conversations with their clients as soon as possible about their aged care needs, says a specialist adviser.
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21 August 2024

Warning to micro businesses. ‘Higher taxes for thousands of businesses’.

  The ATO’s draft guidance on personal service income and the general anti-avoidance provisions is likely to be a shock to many small and microbusinesses in Australia.  
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20 August 2024

Insurance inside super has tax advantages

One of the most significant advantages of holding insurance policies inside superannuation is the tax deduction for life and disability premiums that go towards paying out a disability superannuation benefit, according to a leading technical specialist.
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COVID early super release did little for financial, emotional wellbeing.

  The Early Release of Super scheme implemented during the COVID-19 pandemic had little impact on financial resilience or wellbeing, new research has shown.  
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18 August 2024

What super fund members should know when comparing returns

Why you need to compare apples with apples on super fund performances and fees.
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16 August 2024

Are you receiving Personal Services Income?

  Do you earn personal services income (PSI)?  
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15 August 2024

The five reasons why the $A is likely to rise further – if recession is avoided

After a soft patch since 2021, there is good reason to expect the $A to rise into next year
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14 August 2024

Taxing unrealised gains in superannuation under Division 296

  Australia’s superannuation system has seen a number of significant changes in recent years.  
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