TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
Former director charged over dishonest conduct with super money
On 3 December 2020, Mr Mudasir Mohammed Naseeruddin appeared in the Melbourne Magistrates’ Court and was charged with seven counts of dishonest...
Treasurer confident March insolvency cliff can be avoided
Speaking to the media, Mr Frydenberg conceded that some businesses won’t survive the changes and that some jobs won’t be able to be saved....
Temporary full expensing changes introduced into Parliament
The Treasury Laws Amendment (2020 Measures No. 6) Bill 2020 putting in place the full expensing measure was tabled in the House of...
Government to ‘level playing field’ for accountants on SMSF advice
The independent review of the Tax Practitioners Board has now called for the government to reduce the regulatory burden on accountants and...
‘Judge, jury and executioner’: IPA shoots down proposed ATO penalty regime
The recommendation, contained in the final report of the review of the Tax Practitioners Board, had called for the government to provide the ATO...
ATO extends JobKeeper deadlines to account for the holidays
While the second extension period covers the JobKeeper fortnights between 4 January 2021 and 28 March 2021, a number of deadlines coincided with...
Court extends freezing order against SMSF trustee
The matter of HPack Investments Pty Ltd [2020] NSWSC 1638 involved a freezing order directed at HPack Investments Pty Ltd, the trustee of an SMSF...
Financial advice regulation to undergo reforms following TPB review
The independent review of the TPB, chaired by Keith James, was released by the government last week, including wide-ranging recommendations aimed...
Government to review advice issues for SMSF accountants
Last week, the government released the final report and its response to the review of the Tax Practitioners Board. Read more at SMSF...
Permanent disbarment, new ATO penalty regime recommended by TPB review
The independent review, initiated in early 2019, contains 28 recommendations to the government that seek to increase the independence of the TPB...
