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‘Money doesn’t grow on trees’: Hume wavers on SG increase

‘Money doesn’t grow on trees’: Hume wavers on SG increase

by Shared by AccountantsDaily | Mar 22, 2021 | News

Speaking to ABC news breakfast on Thursday, the Minister for Superannuation, Financial Services and the Digital Economy, Jane Hume, said that while the superannuation guarantee increase of 0.5 per cent is set to come into effect this year, a delay could still be on...
SME responsible lending exemption given further extension

SME responsible lending exemption given further extension

by Adrian Flores | Mar 21, 2021 | News

The government passed the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 through the House of Representatives on 15 March. Included in the reforms are moves to reduce the cost and time it takes to access credit for Australian...
‘JobKeeper must come to an end’: Employment bounces back to a pre-pandemic level

‘JobKeeper must come to an end’: Employment bounces back to a pre-pandemic level

by Shared by AccountantsDaily | Mar 21, 2021 | News

The latest employment data released by the Australian Bureau of Statistics has shown Australia’s employment rate bounce back to a pre-pandemic level, as employment rose above 13 million people in February. Read more at the AccountantsDaily.
Justifying prospective strategies to break through asset segregation intricacies

Justifying prospective strategies to break through asset segregation intricacies

by Shared by SMSF Adviser | Mar 21, 2021 | News

SuperGuardian education manager Tim Miller said that SMSFs can use segregation to separate the assets of the fund for several reasons, but it can be complex to determine the use of strategy when weighing different circumstances along with administrative perspectives...
Government backs down as watered-down IR bill passes Senate

Government backs down as watered-down IR bill passes Senate

by Adrian Flores | Mar 18, 2021 | News

The IR Omnibus Bill was introduced to Parliament in December last year and introduced provisions regarding casual work, wage theft, award simplification, enterprise bargaining and greenfields agreements. The final bill passed the Senate by 35 votes to 33; however,...
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