by Maja Garaca Djurdjevic | Jun 19, 2019 | News
ASIC announced earlier this week, it has authorised the Australian Financial Complaints Authority (AFCA) to investigate complaints from consumers and small businesses dating back to 1 January 2008. Under the government’s additional condition, introduced in February,...
by Shared by Accountants Daily | Jun 19, 2019 | News
As part of the 2019–20 federal budget, the government announced some proposed changes to the ABN system which would require clients with Australian business numbers to lodge an annual income tax return where they have an income tax return obligation from 1 July 2021,...
by Shared by MyBusiness | Jun 18, 2019 | News
Speaking recently at a media briefing in conjunction with Seek, ahead of the release of latest job ads figures, NAB economist Kieran Davies — fresh from a stint working in the federal Treasury — suggested that further interest rate cuts are likely, with the prospect...
by Shared by Financial Review | Jun 18, 2019 | News
Analysis of the $158 billion plan confirmed the cuts are likely to preserve the proportion of tax higher income earners currently pay, showing someone earning $180,000 in 2008-09 would be earning $284,454 by 2024-25, based on past and forecast wage inflation. Read...
by Shared by Accountants Daily | Jun 18, 2019 | News
A new report by Commonwealth Bank on the Australian accounting sector shows that 59 per cent of accounting firms hold a positive view on business conditions over the next 12 months. Read more at the Accountants Daily.