by Shared by MyBusiness | Sep 27, 2020 | News
The deficit figure is $0.5 billion less than the government’s economic update in July but $90.3 billion more than what was predicted in its 2019–20 Mid-Year Economic and Financial Outlook, according to its 2019–20 Final Budget Outcome document. Read more at...
by Shared by Accountants Daily | Sep 27, 2020 | News
With the JobKeeper extension due to begin on Monday, practitioners now face a momentous task in helping clients determine their eligibility, and assisting them with the new two-tiered payment rate. Read more at the Accountants Daily.
by Shared by SMSF Adviser | Sep 25, 2020 | News
Westpac chief economist Bill Evans believes the RBA will cut the overnight cash rate to 10 basis points (0.1 of a percentage point), adopt a 10 basis point three-year bond target, and adjust the rate on any new drawdowns of the Term Funding Facility to 10 basis...
by Shared by MyBusiness | Sep 25, 2020 | News
As we approach the end date of the initial JobKeeper period and move into the extension, the Australian Taxation Office has advised of key dates employers must take heed of if they qualify for the next stage of the wage subsidy. Read more at MyBusiness.
by David Smith | Sep 24, 2020 | Blog
One such issue is practice succession. All too often practitioners file the issue in the “too hard” basket. Many don’t want to contemplate retirement or acknowledge that they may be approaching their “use by date”. Young partners and managers can often be reluctant to...