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ASIC permanently bans former financial adviser

ASIC permanently bans former financial adviser

by Shared by SMSF Adviser | Feb 15, 2021 | News

ASIC has permanently banned former Sydney financial adviser Daniel Stuart McSweeny from providing financial services. Read more at SMSF Adviser.
Age pension to explode if super guarantee is ditched: ISA

Age pension to explode if super guarantee is ditched: ISA

by Shared by Nestegg | Feb 15, 2021 | News

ISA said modelling from Rice Warner has revealed the the age pension would have to make up for the delayed super guarantee increase, climbing billions each year to reach an extra $33.3 billion (in today’s dollars) by 2058. Read more at Nestegg.
$50m of JobKeeper payments due to honest errors, says ATO

$50m of JobKeeper payments due to honest errors, says ATO

by Adrian Flores | Feb 14, 2021 | News

Speaking to the Senate committee on COVID-19, ATO second commissioner Jeremy Hirschhorn revealed that it identified about 0.4 of a percentage point of overpayments, which was calculated to be around $340 million. He said the ATO had already clawed back $135 million of...
Former accountant convicted of fraud appeals charges

Former accountant convicted of fraud appeals charges

by Shared by AccountantsDaily | Feb 14, 2021 | News

Douglas Gordon Johnston has had three counts of obtaining a financial advantage by deception overturned by the Victorian Court of Criminal Appeal, but was unable to overturn six other counts of the same charge. Read more at the AccountantsDaily.
New online dating scam costing Aussies millions

New online dating scam costing Aussies millions

by Shared by Nestegg | Feb 14, 2021 | News

As Australians get set to spend an estimated $1.1 billion this Valentine’s Day, the ACCC has urged caution, with scammers switching to popular dating apps.  Read more at Nestegg.
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