Privacy Policy | Contact Us  
logo
spacer spacer spacer spacer spacer spacer spacer
spacer
spacer
spacer
spacer

Liability limited by a scheme approved under Professional Standards Legislation.

spacer
Hot Issues
Sub-trusts ‘redundant’ under final Div 7A ruling
Tax Office homing in property deductions, SMSFs warned
ATO adds indebted sole traders to credit referrals
State and Federal Covid support --- Aug 2022
ATO casts net wide when it comes to taxable business income
Largest natural gas produces by country from 1970-2021
NALI ‘a special problem for SMSFs’
Tax time tips
Census 2021 Data
Single Touch Payroll: Phase 2 deferral reminder
Largest inflation rates by country in Oceania
Write a business plan
Be wary of trust disclaimers, ATO warns
Tax time guide offers path through 100A
Car allowance increase ‘welcome news’
Tax Time Checklists - Individuals; Company; Trust; Partnership; and Super Funds
ATO zeroes in on work expenses, crypto investments
Forget the Tim Tams in your WFH claim, say ‘fun police’
Inflation will force a third of businesses to raise prices
Year-end tax planning
World GDP Ranking (1960~2025)
100A ruling ‘turns tax avoidance logic on its head’
Company directors must register - all you need to know
Be alert for phoenix activity, businesses told
Equifax signs data agreement with ATO
E-invoicing will reduce emissions, says PwC
Largest cities in the world 1500 to 2100
Last chance to claim the loss carry-back
Changes to recovery loan scheme for small and medium enterprises
About the cash flow forecasting template
Articles archive
Quarter 2 April - June 2022
Quarter 1 January - March 2022
Quarter 4 October - December 2021
Quarter 3 July - September 2021
Quarter 2 April - June 2021
Quarter 1 January - March 2021
Quarter 4 October - December 2020
Quarter 3 July - September 2020
Quarter 2 April - June 2020
Quarter 1 January - March 2020
Quarter 4 October - December 2019
Quarter 3 July - September 2019
Quarter 2 April - June 2019
Quarter 1 January - March 2019
Quarter 4 October - December 2018
Quarter 3 July - September 2018
Quarter 2 April - June 2018
Quarter 1 January - March 2018
Quarter 4 October - December 2017
Quarter 3 July - September 2017
Quarter 2 April - June 2017
Quarter 1 January - March 2017
Quarter 4 October - December 2016
Quarter 3 July - September 2016
Quarter 2 April - June 2016
Quarter 1 January - March 2016
Quarter 4 October - December 2015
Quarter 3 July - September 2015
Quarter 2 April - June 2015
Quarter 1 January - March 2015
Quarter 4 October - December 2014
Quarter 1 of 2018
Articles
Our website is really our digital office.
‘Substantiation will be a key focus’: ATO drums in tax time 2018 hit list
Super changes: $1.6 million transfer balance cap and death benefit pensions
Payroll, compliance issues top dodgy practices in Aussie business
Employee travel expense deductions
The Goldilocks effect - Economic and market update 4Q 17
Tax assessments confirmed for undisclosed business income
Super returns on the up despite clients’ hesitation
Australia. All you need to know to be the expert.
Business confidence hits 5-month high: NAB
Caution advised on best interests duty with cryptocurrencies
$20,000 asset write-off renewed for another financial year.
SMSF compliance traps with bitcoin
Where Australia is at. Our leading indicators.
Foreign resident CGT withholding: early recognition of tax credit
ATO set to doorknock as 60% of cash-heavy businesses caught
New downsizing cap available
Capital Gains and Renounceable Rights
Treasury finds Australia 'increasingly uncompetitive' as US moves on tax plans
Australia's vital statistics
Our Advent calendar for 2017
Super returns on the up despite clients’ hesitation

While many accountants have reported their clients’ confidence in super is down, it appears there’s some good news on the returns front to kick off 2018.



       


 


Australian superannuation funds are estimated to have returned 10.5 per cent in 2017, nearly twice as much as the 10-year average, according to SuperRatings research released this week.


The research house said a “late rally” in Australian equities helped bolster returns despite poor performance from global shares.


“Investors will certainly be starting out 2018 on the front foot, despite some of the challenges we have seen throughout the past 12 months,” said SuperRatings chief executive Kirby Rappell.


Mr Rappell said 2017 had been a “frustrating” year for investors, but a falling Australian dollar and support from US market momentum had both helped returns hit the estimated 10.5 per cent – almost double the 5.6 per cent average seen over the last decade.


This figure would also mark the sixth consecutive year of positive returns, the statement added.


As a result of the 2016 federal budget, 2017 saw one of the biggest periods of reform for superannuation since the Costello era. The introduction of a transfer balance cap and the finalisation of event-based reporting were particularly contentious and complex items.


Professionals like Cooper Partners director, Jemma Sanderson, previously told Accountants Daily their clients have been “spooked” by the persistent tinkering with superannuation.


“They've gone through a lot of big changes recently so now they just need to calm down, say no further changes for some time, and let everything settle, let the dust settle, and let the confidence in the system really rebuild itself,” Ms Sanderson said.


“It doesn’t help the confidence in the industry and because superannuation is compulsory for most Australians, it’s an area where a lot of people have an interest from that perspective.


“Every adult Australian tends to have superannuation so we need to maintain the integrity of that system so that it also doesn’t become overly complicated for the general population because a lot of people can't afford to pay for that advice.”


 



By: Katarina Taurian
​03 JANUARY 2018
accountantsdaily.com.au




4th-March-2018
spacer
sitemap | site by Acctweb