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ATO warns of sophisticated scams following loss of $2m

ATO warns of sophisticated scams following loss of $2m

by Maja Garaca Djurdjevic | Dec 3, 2019 | News

Late last year, the Australian Taxation Office (ATO) saw the biggest ever peak in money being lost to scammers pretending to be from the ATO, and this year the Tax Office is expecting the sophistication of these scammers to grow. “They are getting better at...
New degrees to be added to FASEA-approved course list

New degrees to be added to FASEA-approved course list

by Shared by the ifa | Dec 3, 2019 | News

FASEA’s draft 2019 determination includes all bachelor degrees, graduate diplomas and bridging courses approved by FASEA since the 2018 determination was registered. Read more at the ifa.
RBA keeps interest rates on hold, stuck between a slowing economy and surging house prices

RBA keeps interest rates on hold, stuck between a slowing economy and surging house prices

by Shared by the ABC | Dec 3, 2019 | News

As expected, the RBA board, at its final meeting for the year, kept rates on hold at the historic low of 0.75 per cent. Read more at the ABC. 
IPA takes compensation fight to government

IPA takes compensation fight to government

by Shared by Accountants Daily | Dec 3, 2019 | News

The Independent Review of the Compensation for Detriment Caused by Defective Administration (CDDA scheme) was recently completed, with the report’s 12 recommendations failing to address issues surrounding the ATO’s IT outages and system failures. Read more at the...
AFCA outlines how it will assess adviser conduct under FASEA

AFCA outlines how it will assess adviser conduct under FASEA

by Maja Garaca Djurdjevic | Dec 2, 2019 | News

The new code, which comes into effect from 1 January 2020, will be overseen by a single disciplinary body that is yet to be announced by the government. AFCA deputy chief ombudsman, Dr June Smith announced the approach that the ombudsman scheme will adopt. “Until the...
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