Business

Senator Hume flags ‘new opportunities’ off the back of SVFs review

Assistant Minister for Superannuation, Financial Services and Fintech Jane Hume has shed light on how the Morrison...

10 November 2020 • By Emma Musgrave

more from tag

Business

Long-term impacts from COVID-19 forcing rethink in national tax policy

The long-term considerations from the pandemic have caused the government to review its tax and spending priorities,...

09 November 2020

Business

Government invests $2.24m in accountants mental health training

Around 5,000 accountants are set to benefit from mental health first aid training following a new grant awarded in...

09 November 2020 • By Jotham Lian

Business

Federal Court imposes $40k fine on unregistered tax agent

An unregistered tax agent that had over 500 clients on her books has now been fined $40,000 by the Federal Court.

05 November 2020

Regulation

Details of responsible lending reforms emerge

The government’s proposal to wind back responsible lending obligations has now been released for public consultation.

05 November 2020

Regulation

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04 November 2020 • By Practice Ignition

Business

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04 November 2020 • By myprosperity

Business

Major bank cuts rate on business, home loans

A major bank has moved to reduce interest rates on its business and home loans following the Reserve Bank’s historic...

04 November 2020 • By Jotham Lian

Business

RBA hands down rate decision on Cup Day

The Reserve Bank of Australia has announced its decision on the official interest rate this month, following...

03 November 2020 • By Jotham Lian

Tax

ATO resumes audit business as usual position, eyes shadow economy

The ATO’s review and audit programs have now recommenced as it begins to turn its attention to the small-business...

03 November 2020

Tax

New resourcing of the ATO could address the $31bn tax gap

With more than $31 billion slipping through the cracks in Australia, an analysis could be in favour of strengthening...

02 November 2020

Business

Red flags raised with wholesale clients and FASEA ethics code

SMSF professionals will need to carefully consider which clients they categorise as wholesale clients following the...

30 October 2020 • By Emma Musgrave

Business

SMSF spruiker found guilty of defrauding over $345k

A Queensland-based businessman has been found guilty of defrauding more than $345,000 from self-managed super fund...

30 October 2020 • By Emma Musgrave

Business

RBA hints at end of recession, CPI lifts

Australia could be out of the first recession it has had in almost 30 years, says the Reserve Bank.

28 October 2020 • By Jotham Lian

Appointments

Mid-tier snags former Deloitte partners

A mid-tier firm has announced the appointment of two former Deloitte Private partners as it looks to strengthen its...

28 October 2020

Business

JobMaker ‘highly discriminative’ to small businesses, sole traders: IPA

The strict eligibility criteria for the JobMaker hiring credit, including the need to report through Single Touch...

27 October 2020

Business

Federal Court orders wind-up of unlicensed SMSF firms

The Federal Court has ordered the wind-up of two unlicensed financial services businesses which ASIC alleges provided...

27 October 2020

Business

What Melbourne’s reopening means for accountants and bookkeepers

Melbourne accountants and bookkeepers will be forced to wait a little longer to return to the office according to the...

27 October 2020 • By Jotham Lian