Dear %%first_name%%,
Europe will continue to dominate the direction of our portfolios well into the new year but the US may play its ‘wild card’ this week as the deadline for agreeing on budget cuts looms. This is the same issue that kick-started the market dive back in August, so today I take a look at what this new round of debt talks means for our portfolios.
Also in the Switzer Super Report, stockbrokers are continuing to downgrade listed companies, with one even placing a ‘sell’ on one of the Big Four banks. Our new contributor Vas Kolesnikoff from the Australian Shareholders’ Association takes a look at how the ‘two strikes’ legislation on executive remuneration impacts you. Also today, we give you a heads up on what art to buy for your SMSF this auction season, and we highlight some of the issues faced by the self-employed when making super contributions. Happy reading!
Sincerely,
Peter Switzer
The authorities come down very hard on self-managed super funds found to break the rules regarding 'in-house assets'. To find out what in-house asset are and how you can avoid them, read our section on Avoiding in-house assets.