APRA’s response to Productivity Commission draft report
The Australian Prudential Regulation Authority (APRA) has released its submission in response to the Productivity [...]
Tax return required for excess super non-concessional contributions
The ATO has reminded taxpayers that they need to lodge a tax return for any [...]
Call to boost instant asset write-off to $100,000
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has called for the $20,000 [...]
Super sector must address trust deficit
In a speech to the Financial Services Council Summit on 26 July 2018, Australian Securities [...]
GST exemption for offshore sellers of hotel bookings to be removed: draft legislation released
The Treasurer has released draft legislation to ensure offshore sellers of hotel accommodation in Australia [...]
Super funds deliver healthy returns for 2017–2018
The median “growth” superannuation fund delivered a healthy investment return of 9.2% for 2017–2018, with [...]
Illegal phoenix activity costs billions; new Phoenix Hotline
The ATO has released a new report on the economic impacts of potential illegal phoenix [...]
Retirement income covenant needs more flexibility: KPMG
KPMG has released a submission in response to the Treasury position paper on the proposed [...]
Income tax residency rules for individuals: Board of Taxation recommends reform measures
The Board of Taxation has publicly released its initial report on its review of Australia’s [...]
ATO warns about scammers at tax time
The ATO has warned taxpayers to be on “high alert” for tax-related scams. ATO Assistant [...]