ARTICLES AND INSIGHTS

ARTICLES AND INSIGHTS

July 9, 2020
APRA

APRA Extends Crisis Loan Deferrals for Banks

Source: Investor Daily The prudential regulator has paved the way for banks to give customers an extra four months’ repayment holiday on their loans, extending its temporary […]
July 1, 2020
minimum wage increase

Minimum Wage Increases by 1.75%

An increase to the minimum wage of 1.75% will start rolling out for the first full pay period from 1 July 2020. The increase applies to […]
July 1, 2020
parental leave

Increased Flexibility for Parental Leave Pay for Self-Employed

From 1 July 2020, parents accessing the Government’s parental leave pay (PPL) scheme will have greater flexibility and options. Targeting the self-employed and small business owners, […]
July 1, 2020
funding

Funding for the Arts: What’s Available and How Can You Get It

Will the Prime Minister’s targeted $250 million package of funding to support cultural and creative projects and initiatives save the industry?  The arts funding is aimed […]
July 1, 2020
fraud

The ATO on COVID-19 Fraud Warpath

We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review measures, particularly when […]
June 23, 2020
tax compliance

ATO Shifts Gears on COVID-19 Compliance Approach

Source: Accountants Daily The ATO has now outlined its compliance approach to the COVID-19 stimulus measures, including an update on a list of risky behaviours it […]
June 23, 2020
taxation

Tax Time 2020: ATO Cautions Early Lodgers

Source: Accountants Daily The Tax Office has urged taxpayers to wait until the end of July to lodge their tax returns to minimise their risk of […]
June 23, 2020
superannuation tax

ATO Reins in Early Access to Super Tax Schemes

Source: Accountants Daily Australians looking to take advantage of a tax benefit loophole in the COVID-19 early access to super scheme have now been put on […]
June 18, 2020
growth launch

State Launches $250m Growth Fund

Source: My Business Victoria has launched a $250 million Business Growth Fund under which the state government will take either an equity or debt stake in […]

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