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.
Accounting, advice bodies join forces to to ease access to professional advice
Five major Australian professional bodies – CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ), SMSF Association (SMSFA),...
SG amnesty tension mounting for virus-affected businesses
The SG amnesty window opened on 6 March and will close on 7 September. But according to a blog by CGW Lawyers, the main risk with the SG amnesty...
Westpac expects $900 million penalty for breaching money laundering laws
In a statement, Australia's second-largest bank said the bulk of these writedowns were related to the AUSTRAC money laundering scandal. Read more...
Funding to aid smaller lenders during COVID-19
This follows the announcement of the federal government’s $15 billion Structured Finance Support Fund (SFSF), which will allow smaller authorised...
Loan relief guidance expected ‘in the coming days’
Prime Minister Scott Morrison said the rent relief code has been built on a set of “good faith” leasing principles, whereby landlords must not...
ATO announces new working from home shortcut
According to the ATO, the new arrangement will allow people to claim a rate of 80 cents per hour for all their running expenses, rather than...
ASIC slaps permanent ban on former adviser
Former Adelaide financial adviser, James David Gibbs, has now been permanently banned from any involvement in financial services and credit...
TPB, ATO issue warning to tax professionals, call for unity
The Australian Taxation Office (ATO) and Tax Practitioners Board (TPB) have issued a joint statement, asserting their support to tax agents as...
More than 360,000 Australians apply for early release of superannuation
The Morrison Government is allowing retrenched workers and those suffering financial hardship as a result of COVID-19 to, from April 20, access...
ATO adopts ‘strict line’ on PAYG withholding deferrals
The Tax Office has now clarified its position on its discretion to defer the PAYG withholding, GST and excise obligations of large withholders,...



















