Author Archives for wybenga_admin
Digital advice firm optimistic QAR will ‘reset financial advice’
February 27, 2023 12:00 am Comments Off on Digital advice firm optimistic QAR will ‘reset financial advice’Ignition Wealth says the final QAR report will help reshape advice and has pushed the government to implement the review’s recommendations in their entirety.
When to be proactive about your portfolio
February 26, 2023 12:00 am Comments Off on When to be proactive about your portfolioThe mid-year point is an opportune time to take stock of your investment holdings – but reviewing your portfolio should really be an ongoing exercise.
ATO warns SMSF on sole purpose test for property investment
February 25, 2023 12:00 am Comments Off on ATO warns SMSF on sole purpose test for property investment
Property investment by an SMSF will fail the sole purpose test if it provides pre-retirement benefit to someone such as personal use of a fund asset, warned the ATO director of the SMSF Auditors Segment.
TBC set for double indexation from 1 July
February 24, 2023 12:00 am Comments Off on TBC set for double indexation from 1 JulyThe general transfer balance cap is set to increase to $1.9 million from 1 July based on CPI figures released today.
Inflation edges lower while GDP grows but slows
February 18, 2023 12:00 am Comments Off on Inflation edges lower while GDP grows but slows
The latest figures from the ABS reveal economic growth last year and show inflation coming off its peak.
Why superannuation fund fees matter
February 18, 2023 12:00 am Comments Off on Why superannuation fund fees matterThe fees you pay on your super could have a material impact on how you retire, which is why it's important to understand how they work.
One in seven SMSF directors yet to apply for ID
February 17, 2023 12:00 am Comments Off on One in seven SMSF directors yet to apply for ID
Around 100,000 SMSF directors still need to apply for their director ID despite the deadline passing two months ago. Extensions are available for legitimate reasons.
Australian equities retain grip on SMSF assets
February 16, 2023 12:00 am Comments Off on Australian equities retain grip on SMSF assets
The largest portion of the SMSF investment pool is held in domestic shares, according to a recent survey.
Beating back inflation, but at what cost?
February 14, 2023 12:00 am Comments Off on Beating back inflation, but at what cost?Joe Davis, Vanguard’s global chief economist, gives a high-level overview of where the economy and markets are likely headed in 2023. Inflation is abating, thanks in part to central banks’ aggressive actions, but it may come at a cost, with recession likely in most developed markets. But it may not be all bad news for the financial markets.
