April 6th 2020
The pending shut downs of non-essential services across parts of Australia may trigger conditions in the Fair Work Act that will allow employers to stand employees down without pay. In a Government ..
March 31st 2020
On 22 March 2020 the Federal Government announced that the minimum pension drawdown rates would be halved for the 2019/2020 and 2020/2021 financial years. This is due to many retirees losing a signifi..
March 31st 2020
We've had several enquiries about concerns around personal funds being held in one bank and whether people are covered by the governments deposit guarantee. Whilst we can't instruct on where you shou..
April 3rd 2020
CIB Private Wealth Investment Managers, Paul Israel & Ian Wenham have provided this special Market Update in the wake of the COVID-19 crisis. Given the large falls we have seen in markets we thou..
March 31st 2020
Updated as at 31 March 2020 Important note: Federal Government measures still need to pass parliament, however Labor has pledged to support the legislation for these measures. Business – Federal Go..
March 25th 2020
Further clarification from NSW revenue regarding the payroll tax rebate that was posted on Tuesday here. The below clarifies the fact that total Australian Wages is the figure for the $10m threshol..
March 25th 2020
Todays $2.3 billion stimulus package from the NSW government is designed to strengthen the already under pressure health system and deliver valuable tax cuts for businesses. The package includes ..
March 25th 2020
You’d have seen by now the governments proposed stimulus package, set to pump billions into the economy in an attempt to avoid a recession as businesses take a hit from the spread of COVID-19. Th..
February 14th 2020
The ATO has published general interest charge (GIC) and shortfall interest charge (SIC) rates for the first quarter of the 2019-20 income year. The GIC annual rate for July – September 2019 is 8...
February 14th 2020
AUSkey has been the primary identification method for businesses dealing with ATO online services for many years. The AUSkey system will be retired in 2020 and is being replaced by two products: ..
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