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SG amnesty gets green light from Senate committee

SG amnesty gets green light from Senate committee

by Shared by Accountants Daily | Nov 11, 2019 | News

In September, the government introduced Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 into Parliament, re-introducing the SG amnesty proposal that had lapsed with the calling of the May election. Read more at the Accountants...
Top bankers, ACCC officials to be questioned in cartel case

Top bankers, ACCC officials to be questioned in cartel case

by Shared by The Age | Nov 8, 2019 | News

The Commonwealth Director of Public Prosecutions brought the cartel charges against ANZ, Citigroup, Deutsche Bank, and several senior executives on the back of an Australian Competition and Consumer Commission (ACCC) investigation into a $2.5 billion ANZ share sale in...
Sydney liquidator disqualified in landmark case for the ATO

Sydney liquidator disqualified in landmark case for the ATO

by Maja Garaca Djurdjevic | Nov 8, 2019 | News

David Iannuzzi has been stripped of his liquidator registration following a case that saw the Tax Office initiate Federal Court proceedings using Corporations Act provisions for the first time to take on the facilitators of schemes designed to avoid paying tax. The...
Alarm bells as insolvencies, payment defaults spike

Alarm bells as insolvencies, payment defaults spike

by Shared by MyBusiness | Nov 8, 2019 | News

The firm said in its Q3 Small Business Risk Report — which it said uses official data from 26 different sources, including ASIC, debt collectors and court records — that insolvencies were 5 per cent higher year-on-year, driven in part by the significant surge in the...
Accountants warned on rising bankruptcies linked to Division 7A

Accountants warned on rising bankruptcies linked to Division 7A

by Shared by Accountants Daily | Nov 8, 2019 | News

Jirsch Sutherland partner Stewart Free said he has seen a recent increase in bankruptcies directly related to Division 7A loans. Read more at the Accountants Daily. 
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