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$3m super tax bill taken off debate schedule again The Better Targeted Superannuation Concessions bill has been taken off the Senate debate schedule today, according to the official order of business. ...
Government’s small business strategy ‘fails to deliver’, says CPA Australia The government’s launch of the first National Small Business Strategy is another missed opportunity in creating a clear growth pathway, CPA Australia has said. ...
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BCA calls for fiscal tax, spending caps to rein inflation in The Business Council of Australia has called on politicians to champion policies that rein in fiscal spending and promote deregulation as the election looms. ...
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ATO reminds NFPs on looming deadline for self-review return The Tax Office has cleared up some misconceptions around the new reporting obligations for not-for-profits with the 31 March deadline fast approaching. ...
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Government must fix Australia's ‘bureaucratic nightmare’, warns CPA Australia is in desperate need of policies to enhance productivity, competitiveness and prosperity, according to CPA Australia. ...
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CA ANZ pushes for government to scrap super tax concessions policy The professional body is urging the government to scrap the superannuation tax concessions policy based on major design flaws. ...
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ASFA defends super scam reputation against ASIC The peak super body has clapped back at ASIC for “misleading” commentary claiming the superannuation sector is experiencing an increase in scams. ...
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Mortgage service launched for accounting profession Accounting Home Loans has announced the roll out of a mortgage broking service for accountants for residential, investment and commercial lending. ...
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FSC boss says super tax ‘symbolic’ of Australia’s failing tax system The proposed $3 million super tax is “symbolic of everything that is wrong” with the tax debate in Australia, the CEO of one of Australia’s peak financial bodies ...
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Government urged to scrap section 100A: IFPA The professional body has called for the government to repeal or amend section 100A rather than relying on a specific anti-avoidance provision. ...
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CSLR blowout to 'further decimate financial advice sector', says CPA The increased costs for professionals resulting from the levy will put financial advice further out of reach for Australians, the professional body has warned. ...
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Weak scam policies placing super members at risk, warns ASIC ASIC has urged superannuation trustees to strengthen their anti-scam practices to prevent fraud.  ...
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ASIC continues crackdown on dodgy directors The corporate regulator has taken enforcement action against four company directors and 58 individuals for contraventions relating to company collapses. ...
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SMSFA calls for clarification on NALI/E rulings The ATO needs to provide clarification on a number of issues in the law companion ruling dealing with NALI/E, the joint bodies have said. ...
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Government to push ahead with GIC deduction changes A Senate committee has given the green light to a proposed measure to deny deductions for the general interest charge. ...
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Vehicle association calls for stricter definitions with luxury car tax changes The fuel-efficient definition for the higher luxury car tax threshold should be limited to zero-emission cars only, the Australian Electric Vehicle Association has said. ...
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Dodgy tax schemes on the rise, ATO warns The Tax Office is warning taxpayers to be wary of online tax schemes promising to help them significantly reduce or avoid paying tax. ...
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Stephen Jones announces retirement ahead of election call The Financial Services Minister has announced that he will retire from federal politics at the next election. ...
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3 in 4 SMEs predict further cost increases this year: NAB The rising cost of doing business, red tape and cyber security risks have been flagged as some of the top challenges by SMEs for 2025, a NAB survey has revealed. ...
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Transfer balance cap for super to jump to $2m The general transfer balance cap is set to increase to $2 million on 1 July 2025, following the release of quarterly CPI data yesterday. ...
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