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IPA joins industry fight against ‘shameful’ ASIC advice fee hike

IPA joins industry fight against ‘shameful’ ASIC advice fee hike

by Adrian Flores | Mar 7, 2021 | News

The total cost levied by ASIC is now $1,500 per retail advice licence, plus an additional $2,426 per authorised adviser under the licence, meaning a sole practitioner holding a limited licence can expect to be hit with a $3,926 bill from ASIC within weeks. The IPA...
Retail sales recovery uneven despite 10% increase in January

Retail sales recovery uneven despite 10% increase in January

by Shared by MyBusiness | Mar 7, 2021 | News

The ABS figures showed year-on-year increases for household goods (up by $902 million or 20 per cent); clothing, footwear and personal accessories (up by $168 million or 8 per cent); department stores (up by $119 million or 8 per cent); and food retailing (up by $1.2...
Could e-invoicing lead to an ATO automated BAS?

Could e-invoicing lead to an ATO automated BAS?

by Shared by AccountantsDaily | Mar 7, 2021 | News

As the government mulls its approach towards mandating e-invoicing for businesses, the ATO and other government agencies have declared that they will not have access to e-invoices exchanged between businesses, meaning they cannot view the e-invoices’ contents and...
JobKeeper wind-up could cost up to 250k jobs, analysis finds

JobKeeper wind-up could cost up to 250k jobs, analysis finds

by Adrian Flores | Mar 4, 2021 | News

There will likely be a decrease in employment of between 125,000 and 250,000 persons, or about 1 to 2 per cent of employment, according to an economic analysis from Professor Jeff Borland at the University of Melbourne. Despite his estimate, Professor Borland also...
Quarterly GDP figures mask woes of struggling sectors, says industry body

Quarterly GDP figures mask woes of struggling sectors, says industry body

by Shared by MyBusiness | Mar 4, 2021 | News

The Australian Chamber of Commerce and Industry responded to the latest ABS National Accounts data, saying it shows the economic recovery is now well underway, with GDP growth for the December quarter exceeding expectations, up a further 3.1 per cent, taking the...
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