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Small businesses win Federal Court ruling against FUJIFILM Business Innovation Australia

Small businesses win Federal Court ruling against FUJIFILM Business Innovation Australia

by Keeli Cambourne | Aug 14, 2022 | News

The Federal Court declared that 38 contract terms used in contracts entered into by Fujifilm Business Innovation Australia or Fujifilm Leasing Australia (together, Fuji) with many thousands of small businesses are unfair. The court declared the unfair contract terms...
Small businesses recoup $18m compensation from financial firms

Small businesses recoup $18m compensation from financial firms

by Keeli Cambourne | Aug 14, 2022 | News

The AFCA received 3,490 complaints from small-business providers in dispute with financial service providers that were 3 per cent less than the previous year. Small-business complaints accounted for about 5 per cent of the more than 72,000 complaints the ombudsman...
COVID-19 408 Pandemic visa holders urged to be diligent in tax return information

COVID-19 408 Pandemic visa holders urged to be diligent in tax return information

by Keeli Cambourne | Aug 14, 2022 | News

The Australian Taxation Office has issued guidelines regarding the 408 Pandemic event visa and how its tax outcomes can depend on residency status and previous visa applications. A COVID-19 Pandemic event (Subclass 408) visa (408 Pandemic event visa) is a temporary...
COVID payments had ‘detrimental’ impact on retirement savings

COVID payments had ‘detrimental’ impact on retirement savings

by Shared from SMSF Adviser | Aug 14, 2022 | News

The Association of Superannuation Funds of Australia (ASFA) has released new analysis which it says illustrates the impact of the COVID-19 early release of superannuation (ERS) scheme on both individuals and superannuation funds. The analysis by ASFA shows that funds...

Decade of budget deficits leaves Australia exposed

by Shared from Accountants Daily | Aug 14, 2022 | News

Speaking on the latest Accountants Daily podcast, the general manager of technical policy said there was no appetite for budget repair and nothing in the larder for future downturns. “We normally try to get back to paying back some of that debt so we project budget...
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