by Maja Garaca Djurdjevic | Jul 24, 2020 | News
Individuals who are still financially impacted by the COVID-19 pandemic will have more time to apply for the early release of up to $10,000 of superannuation, with the application period extended from 24 September 2020 to 31 December 2020, the Treasury has announced. ...
by Contributed by Martin Olde | Jul 24, 2020 | Blog
For for-profit entities, the relevant accounting standard is AASB 120 Accounting for Government Grants and Assistance. Not-for-profit (NFP) entities are not permitted to apply AASB 120 and so they should apply AASB 1058 Income of Not-for-profit Entities. It is...
by Contributed by Vicky Skipp | Jul 23, 2020 | Blog
What we learnt is that remote working can work — and, in some cases, companies even believe their culture improved during lockdown, as they worked harder than ever to look after their people. As we find ourselves emerging from this phase, organisations are making...
by Maja Garaca Djurdjevic | Jul 23, 2020 | News
At an economic update on Thursday, the Treasurer painted a grim picture of Australia’s economic future, noting a budget contraction of $85.8 billion in 2019-20 and $184.5 billion in 2020-21, marking Australia’s biggest deficit since World War II. “Through the...
by Shared by the ABC | Jul 23, 2020 | News
Businesses trading while insolvent can rack up additional debts to customers and suppliers that may never be repaid when they finally go bust. Read more at the ABC.
