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Edition: 191

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Edition 191

  • 24 February 2017

At the SMSF Association Conference last week, Minister Kelly O'Dwyer quoted from a Cuffelinks article by Paul Keating. The context was his surprise at the growth of SMSFs, but another part of the article was overlooked. He wrote, "the SGC (Superannuation Guarantee Charge) was not introduced as a welfare measure to supplement the incomes of the low paid. It was principally designed for Middle Australia, those earning ... one to two times average weekly ordinary time earnings ... for Middle Australia, the SGC and salary sacrifice was and is the way forward."

Stop the tinkering and bring on the ideas

ASFA chief calls on baby boomers to redefine retirement, doubts fintech will disrupt, loathes dinner party freakonomics, believes brands work and wants a market full of fresh ideas not policy tinkering.

Super complex: the advice gift keeps on giving

The increasing complexity of super would leave the fathers of Australia’s system wondering what has happened to their brainchild. Advisers and clients are struggling with the complexity before the looming deadlines.

Home is where the care is

Changes to Home Care Packages effective 27 February 2017 allow care recipients to choose their own care providers and offer better portability when relocating.

Unwelcome consequences of US trade policies

Trump’s vision for US trade policy might suit US corporates and Middle America, but the rest of the world will suffer the consequences. Income inequality and environmental setbacks are other unwelcome effects.

‘Episodic’ market volatility ahead for 2017

Contrary to popular understanding, markets have been below normal volatility levels in the last year, but it might be time to prepare portfolios for greater volatility and a potential downturn in 2018.

When a company is a money pit

Not all business use their capital in the most productive way, and investors need to recognise when companies are struggling to generate cash flows to pay off debts when due.

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Warren Buffett's final lesson

I’ve long seen Buffett as a flawed genius: a great investor though a man with shortcomings. With his final letter to Berkshire shareholders, I reflect on how my views of Buffett have changed and the legacy he leaves.

13 ways to save money on your tax - legally

Thoughtful tax planning is a cornerstone of successful investing. This highlights 13 legal ways that you can reduce tax, preserve capital, and enhance long-term wealth across super, property, and shares.

The housing market is heading into choppy waters

With rates on hold and housing demand strong, lenders are pushing boundaries. As risky products return, borrowers should be cautious and not let clever marketing cloud their judgment.

Why it’s time to ditch the retirement journey

Retirement isn’t a clean financial arc. Income shocks, health costs and family pressures hit at random, exposing the limits of age-based planning and the myth of a predictable “retirement journey".

Taking from the young, giving to the old

Despite soaring retiree wealth, public spending on older Australians continues to rise. The result: retirees now out-earn the young, exposing structural flaws in the tax system and challenges for fiscal sustainability.

Welcome to Firstlinks Edition 637 with weekend update

What should you do if you think this market is grossly overvalued? While it’s impossible to predict the future, it is possible to prepare, and here are three tips on how to best construct your portfolio for what’s ahead.

  • 13 November 2025

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