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Westpac expects $900 million penalty for breaching money laundering laws

Westpac expects $900 million penalty for breaching money laundering laws

by Shared by the ABC | Apr 13, 2020 | News

In a statement, Australia’s second-largest bank said the bulk of these writedowns were related to the AUSTRAC money laundering scandal. Read more at the ABC. 
Tax agents hampered by significant delays to deceased estates fix

Tax agents hampered by significant delays to deceased estates fix

by Shared by Accountants Daily | Apr 13, 2020 | News

Agents had previously been promised access to deceased estate information by 13 May, when the legislative instrument made through the Commissioner’s Remedial Power (CRP) would take effect after the required 15 sitting days in parliament. Read more at Accountants...
How to make your business sustainable

How to make your business sustainable

by Contributed by Alex Neighbour | Apr 9, 2020 | Blog

But sustainability has other benefits outside of benevolence – using sustainable practices often helps reduce overheads and provides a new way to promote your business and connect with modern customers as well. Sustainability is not just about the...
How prioritising wellness leads to small business success

How prioritising wellness leads to small business success

by Contributed by Jerome Doraisamy | Apr 9, 2020 | Blog

The modern professional marketplace, across industries, is an intellectually stimulating and professionally rewarding beast, with myriad opportunities for individuals to flourish in ways that make the most sense to them. There continues to be rapid movement away from...
Funding to aid smaller lenders during COVID-19

Funding to aid smaller lenders during COVID-19

by Maja Garaca Djurdjevic | Apr 8, 2020 | News

This follows the announcement of the federal government’s $15 billion Structured Finance Support Fund (SFSF), which will allow smaller authorised deposit-taking institutions (ADIs) and non-ADI lenders to access funding at competitive prices. The SFSF will be...
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