"Call to abolish super tax breaks" - Rice Warner CEO said the retirement system should be simpler and fairer.....reduce the benefit for those on $300,000 or more. Difficult to see why this is news!
"Venture capitalists target funds, SMSFs" - OneVentures MD Paul Kelly is calling for super funds to be allowed to invest in an "Australian innovation" stream. Mr Kelly should put his money where his mouth is; or maybe has already has and maybe has forgotten the GFC.
"Super all set to bridge shortfall" - ...super can be tapped to give Australia a competitive advantage in infrastructure development. Yet another hand being put out for our money!
"Dividends you can depend on" - Companies now giving yields of 4% are looking good. The consensus is that bank dividends will hold up.
A little later, "Investing for yield alone will backfire" - The two main issues are the level of debt and sustainability of cash flow. I am going to hold the bank shares I still have.
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