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 October 2022-23 – Comprehensive summary

  The Federal Government is to continue spending more than it earns for at least the next two years at least.  
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The Countries that Consume the Most Beer in the World

Check out the countries that consume the most beer from 1963-2021
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Partial property sales eligible for downsizer

Superannuation fund members making a downsizer contribution do not have to sell the whole property or even move out of it after the sale, but cannot claim a contribution for land that has undergone a subdivision, a technical expert has advised.
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The advantages of investing early

You may have heard it said, "No risk, no reward." But did you know that time can actually decrease your risk while increasing your reward?
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ATO provides cyber security tips for SMSFs

In the wake of the recent Optus cyber attack, the ATO and Australian Cyber Security Centre has outlined some important steps to help trustees keep their data safe.
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Four powerful ways to build investing confidence

Here are some tips that can help you build confidence in your investing approach, no matter what the markets are doing.
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Take action on valuations now to avoid delays, says ATO

The ATO is urging SMSFs to get their asset valuations done before their annual audit to help avoid delays and late lodgements.
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How costs can add up

There is quite a bit of truth to the old adage “there is no free lunch in life” or its more recent equivalent “if you’re not paying for the product, you’re the product” because pretty much everything in life comes at a cost these days.
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ATO taking ‘harsher’ stance on loans to members

The ATO is paying closer attention to attempts by accountants to “patch up” mistakes by SMSF clients involving the removal of money from the fund.
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How much money do I need to retire?

When I retire, will I have enough money to enjoy the retirement lifestyle I envision? It's a question many of us will need to ponder at one point.
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Largest wind power producers in the world

Check out the worlds largest wind power producers from 1990 to 2021
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Proof of ownership flagged as ‘biggest’ crypto issue for SMSFs

SMSFs have been warned on some of the challenges in proving ownership of crypto assets, with only certain exchanges allowing SMSF accounts to be registered.
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