ASIC approves updated version of the banking code

ASIC approves updated version of the banking code

ASIC said on Friday it has approved an updated version of the Banking Code of Practice, which commenced on 1 July 2019. The changes, made at the request of the ABA, include new provisions that put beyond doubt that a bank will not charge fees for services to deceased...
Learning to innovate: Unleash your potential

Learning to innovate: Unleash your potential

Today, innovation has become another buzzword. Its meaning has been muddied by an exhausting number of conversations between peers and scholars worldwide. According to the Institute of Public Accountants (IPA), innovation is and always has been the implementation of...
Don’t rush your tax return, says ATO

Don’t rush your tax return, says ATO

The Australian Taxation Office is advising taxpayers that improvements to reporting requirements mean that some people may not receive a payment summary directly from their employer this financial year. This information, now referred to as an income statement, will...