TOPIC
The 2026 global economy: nervously muddling through
At a glance Political and regulatory volatility is creating a nervous environment for global business. AI is emerging as a top business priority for automation and analytics. Despite cautious consumers, the global economy has proven surprisingly resilient since...
TPB to count mental health support as continuing professional education
The Tax Practitioners Board (TPB) is encouraging its members to seek mental health support through Beyond Blue if they’re struggling, and...
Deakin University announces new hub for SME innovation
Deakin University will establish a centre dedicated to supporting collaboration and innovation among SMEs thanks to a $2 million funding boost...
Online investing activity nearly doubles since pre-pandemic
“The pandemic has significantly shifted the Australian investing landscape throughout 2020 and this continued through the first half of 2021,”...
Parliament passes bill on tax-free COVID-19 support payments
The Treasury Laws Amendment (COVID-19 Economic Response No. 2) Bill 2021 finally passed both houses without amendment on Monday after the Senate...
ATO promises faster, simper service with new website
The Australian Taxation Office’s corporate plan for 2021-22 touts the launch of a new website in the year ahead, with updates that align with its...
Your Future, Your Super regulations released
After passing in Parliament in June, Minister for Superannuation Jane Hume and Treasurer Josh Frydenberg said on Thursday that the reforms will...
First meeting of Tax Practitioner Governance and Standards Forum tackles TPB reforms
A new forum to consult with tax practitioners on significant legislative changes has met for the first time. Following the conclusion of an...
COVID disaster payments to be tax free under new amendment
Confirming the news that Prime Minister Scott Morrison announced last week in an interview with ABC radio, an amendment has been introduced to...
APRA to reign in funds on performance, valuations
In a communication to trustees on Friday, the prudential regulator said it would soon undertake the first performance test for MySuper funds...
Draft law simplifies employee equity schemes
The government has released draft legislation to relax regulatory measures around employee share schemes, making it easier for businesses to...
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