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.
Time for employers to catch-up on super payments
On 6 March, the government introduced a superannuation guarantee (SG) amnesty, offering employers an opportunity to get up to date with...
Is my superannuation safe from coronavirus?
Super funds are reporting an increase in members contacting them to inquire as to whether their retirement savings are going to be OK. Read more...
Coronavirus stimulus package predicted to hit $10bn
The proposal to enact a $10 million coronavirus stimulus package is being put in front of the cabinet Expenditure Review Committee today, and if...
Tax Office owns up to incorrect GIC calculation
Accountants Daily understands that the ATO has now sent out erroneous tax debt notices to taxpayers, warning them to pay incorrectly applied...
Melbourne accountant convicted, but avoids jail
Jason Dermot Cullen has been sentenced by the County Court of Victoria following his entering of a plea of guilty to two charges of making a...
Female SMSF investors gaining ground
According to ATO data, in June 2018, female SMSF members held 43 per cent of total assets compared to 57 per cent of men. Read more at SMSF...
Draft legislation released to make retirement savings more flexible
The government is acting on its election promise by releasing draft legislation aimed to amend work test laws and give Australians greater...
Asset valuation still problematic within SMSF sector
The ATO cited the problem as one of the top five errors made when SMSF annual returns (SARs) are lodged to the regulator. Read more at SMSF...
STP to prefill support income payment reports
The Social Services and Other Legislation Amendment (Simplifying Income Reporting and Other Measures) Bill 2020 has now passed both houses,...
‘Consider your super’, ASBFEO tells women ahead of International Women’s Day
According to stats, one in three women are retiring with zero superannuation, Ms Carnell warned, and while the number of women becoming small...
