61.4% of the world population has received at least one dose of a COVID-19 vaccine. 10.2 billion doses have been administered globally, and 18.22 million are now administered each day. Only 10% of people in low-income countries have received at least one dose.
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Australian SMSFs have historically maintained strong exposure to local assets, with portfolios concentrated in Australian shares and cash.
Analysis from one of the country’s biggest asset management firms has revealed a “deadweight loss” of $94.5 billion to the nation’s economy if the Division 296 tax gets over the line.
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The ATO has warned trustees they will be held accountable for members who access super without meeting a legitimate condition of release.
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