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Global fintechs set sights on Australia as open banking nears

Global fintechs set sights on Australia as open banking nears

by Shared by The Age | Oct 13, 2019 | News

TrueLayer is a software developer that sells tools for companies to securely access bank data so they can build fintech products, acting as part of the architecture that enables digital banking products. Read more at The Age. 
ATO letter campaign around SG obligations set to debut

ATO letter campaign around SG obligations set to debut

by Shared by Accountants Daily | Oct 13, 2019 | News

Following the introduction of Single Touch Payroll (STP) to businesses of all sizes, a proposed letter campaign for employers that have previously not met their superannuation guarantee obligations will soon be issued by the Tax Office. Read more at the Accountants...
Pre-insolvency advisers plead guilty to money laundering

Pre-insolvency advisers plead guilty to money laundering

by Maja Garaca Djurdjevic | Oct 11, 2019 | News

Stephen O’Neill and John Narramore of SME’s R Us have both pleaded guilty in the Brisbane District Court to one charge for dealing in the proceeds of crime. An ASIC investigation found that in October 2014, O’Neill and Narramore advised a client undergoing a dispute...
Penalty interest and TR 2019/2 in the context of SMSFs with LRBAs

Penalty interest and TR 2019/2 in the context of SMSFs with LRBAs

by Contributed by Joseph Cheung and Daniel Butler | Oct 10, 2019 | Blog

Penalty interest ‘Penalty interest’ is defined in TR 2019/2 as follows:  ‘Penalty interest’ is an amount payable by a borrower under a loan agreement in consideration for the lender agreeing to an early repayment of the loan. The amount payable is commonly...
Bruce Billson: Small business to pave the way

Bruce Billson: Small business to pave the way

by Maja Garaca Djurdjevic | Oct 10, 2019 | Features

A small business owner himself, Mr Billson runs a consulting firm that helps SMEs navigate government and big business, while also occupying a director’s role at Aussie challenger Judo Bank. But his engagement in the community doesn’t stop there. Mr Billson is a vital...
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