by Shared by the ifa | Jun 16, 2020 | News
A vote on a government motion that the Senate not insist on the amendment was narrowly defeated in the Senate this afternoon when the bill returned to the upper house for debate. Read more at the ifa.
by Shared by MyBusiness | Jun 16, 2020 | News
The Fair Work Commission has allowed a Sydney-based company, ACME Preston, to reduce redundancy payments to four employees by over $29,600 to just $14,400, after the company’s Ingleburn plant was forced to shut. Read more at MyBusiness.
by Shared by Accountants Daily | Jun 16, 2020 | News
Treasury Laws Amendment (2019 Measures No. 3) Bill 2019 was passed by the Senate on Friday, bringing consistency across the FBT Act and the GST Act by amending the definition of a taxi to “a motor vehicle used for taxi travel (other than a limousine)”, replacing the...
by Maja Garaca Djurdjevic | Jun 15, 2020 | News
New research has revealed that 62 per cent of SME business owners have been on the brink of folding their businesses in the past due to financial and other struggles, with just 56 per cent of owners admitting they would still have opened their business has they...
by Maja Garaca Djurdjevic | Jun 15, 2020 | News
The average superannuation payment since the inception of the scheme is $7,475, with over 94 per cent of payments made within five days. APRA’s fund-level data shows that 150 of the 177 funds (85 per cent) that submitted data made early release payments in the period...