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.
New ATO figures throw light on ASIC’s financial fact sheet
A fact sheet released by the corporate regulator highlighted it would cost members $13,900 to operate a self-managed super fund, as well as a...
‘Transitional measure post-JobKeeper wage subsidy is a must’
“I don’t see JobKeeper being wiped out post-September. What I would like to see, this is aspiration in many ways noting the constraints on...
Deloitte shores up ‘long-term sustainability’ with 700 job cuts
The big four firm announced on Monday afternoon that it would reduce partner and staff numbers by approximately 7 per cent of its over...
Documentation critical for mitigating risks with rent relief
Speaking in a recent webinar, Smarter SMSF chief executive Aaron Dunn said while the ATO has stated that it won’t take compliance action against...
Fair Work Commission takes ‘nuanced approach’ with wage increase
In making its decision, the commission said that the outlook of the Australian economy remains very uncertain, with the shock to the labour...
ATO clarifies JobKeeper pre-fill treatment
ATO assistant commissioner Karen Foat has confirmed that sole trader clients on JobKeeper will now need to manually include those payments on...
Australia’s retirement income system ‘riddled with flaws’
The Alliance for a Fairer Retirement System (AFRS) has penned a letter to the Treasurer pointing out several problems facing retirees. Read more...
Omnibus bill containing FBT, testamentary trust amendments passed
Treasury Laws Amendment (2019 Measures No. 3) Bill 2019 has now passed both houses of parliament after an earlier deadlock over a tacked-on...
Second round of the cash-flow boost to kick off in July
Employers that have received the initial cash-flow boost, delivered as credits in the activity statement system, are eligible for the second...
ATO cautions early lodgers
Accountants have begun bracing for a “horrendously busy” tax time this year as individual clients are expected to lodge early to get their hands...


















