Federal election fails to drive business confidence

Federal election fails to drive business confidence

The Veda Business Credit Demand Index indicated that the uptick in business credit demand usually experience in a post-election quarter had not fully eventuated in this case.Veda general manager of commercial risk said in most election years, credit demand sees a...

SME confidence dips in September quarter

The Sensis Business Index survey which reflects the views of 1000 small and medium businesses indicated that confidence had dropped from a net balance score of 38, down from 44 in the previous survey. Despite the dip, however, the net balance score of +38 points is...

IPA welcomes changes to section 46

The changes, which were proposed by the Harper Panel, relate to section 46, misuse of market power provision in the Competition and Consumer Act 2010, including direction to the court and development of ACCC guidance. IPA chief executive Andrew Conway said the misuse...

Accountants warned on documentation traps with insurance

Accountants are generating automated investment strategies from their accounting software that contains clauses specifying that the client has considered insurance without the client deciding for themselves, according to Tactical Super director Deanne Firth.“I worry...

Budget reforms causing pension confusion

SuperAuditors director Shelley Banton says she has recently noticed common mistakes in pension documentation which could partly be attributed to confusion around the budget. “One of the greatest fallacies in SMSF administration is that an SMSF trustee is entitled to...