by Maja Garaca Djurdjevic | Oct 14, 2020 | News
The Australian Banking Association (ABA) has revealed that two in five small and medium business loans that had been deferred are now being repaid again. This compares to 45 per cent of all deferred mortgages that are back to making regular loan repayments. “This is...
by Shared by SMSF Adviser | Oct 14, 2020 | News
A compensation scheme of last resort would allow consumers to be compensated when they had experienced misconduct and lost out to a financial firm that was no longer able to pay. Read more at SMSF Adviser.
by Shared by MyBusiness | Oct 14, 2020 | News
New data from CreditorWatch has revealed that, for the first time since June, the number of businesses entering into administration has increased, up by 11 per cent in September, while the number of defaults has grown by 23 per cent in the same period. Read more at...
by Shared by Accountants Daily | Oct 14, 2020 | News
The Australian Financial Security Authority (AFSA) has marked accountants as one of six common businesses that are highly exposed to trade credit debt, with new statistics revealing that such debts are now almost on par with bank debt. Read more at the Accountants...
by Maja Garaca Djurdjevic | Oct 13, 2020 | News
“It’s time for employers to update their payroll processes to apply tax cuts,” the ATO has said, having updated tax withholding schedules to reflect the 2020-21 income year personal tax cuts. With updated schedules available at ato.gov.au/taxtables, employers have...
