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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.
22 October 2020

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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19 October 2020

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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16 October 2020

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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13 October 2020

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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10 October 2020

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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8 October 2020

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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30 September 2020

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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27 September 2020

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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24 September 2020

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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21 September 2020

Your super fund, your choice

  Choice is inherently regarded as a good thing, particularly in these COVID-affected times when some of our basic choices have had to be suspended for the greater community good.  
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18 September 2020

SMSFs urged to act on compliance issues ahead of tougher penalties

  SMSFs with outstanding compliance issues should consider making a voluntary disclosure while the ATO still has a more flexible approach in place and before they implement tougher admin penalties, says a law firm.
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14 September 2020

A beginner’s investment guide to long-term wealth

  It's often said that starting out early on one's investing journey will deliver good long-term results.  
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