by Shared from accountantsdaily.com.au | Jul 20, 2022 | News
Speaking on the latest Accountants Daily podcast, Mr Negline said the High Court judgement in the recent Hill v Zuda case made clear that an SMSF binding death benefit nomination (BDBN) was not bound by the same rules as APRA funds. These specify a three-year lifespan...
by Keeli Cambourne | Jul 19, 2022 | News
And more people are feeling worse off than they did a year ago and less than 10 per cent expect things to improve. On a state-based level consumer confidence was up in NSW, Queensland and South Australia but down in Victoria and Western Australia. This week’s small...
by Keeli Cambourne | Jul 19, 2022 | News
In fact, average trade receivables for June were down 18 per cent year-on-year. Another key indicator, trade payment defaults, is up 18 per cent year-on-year, reflecting the recent slight decline in the NAB Business Confidence Index. Additionally, court actions are...
by Shared from Yahoo Finance | Jul 19, 2022 | News
Speaking at the ESA (QLD) business lunch, RBA deputy governor Michele Bullock said the RBA is expecting further interest rate increases. “The board expects further increases in the cash rate will be needed in the months ahead,” Bullock said. Read more at Yahoo...
by Shared from accountantsdaily.com.au | Jul 19, 2022 | News
General manager of technical policy at the IPA, Tony Greco, said the move could provide a more even playing field for businesses. “There are pluses and minuses, the pluses are it makes it more transparent that the market and all credit providers, including trade...