ATO

Financial planning

Global tax chiefs have announced they have undertaken unprecedented multi-country day of action to tackle international tax evasion....

Superannuation

Victorian workers have lost more than $1.4 billion in unpaid superannuation, according to an analysis by Industry Super Australia....

Financial planning

The SMSF Association wants the Government to dump its limited licensing regime for accountants on the basis of it having failed to meet its objectives and having, instead...

Superannuation

Legislation will be introduced next year to allow trustees to voluntarily transfer any amount of inactive low balance accounts to the tax office, spelling the beginning o...

Policy & Regulation

Two self-managed superannuation fund auditors have been disqualified by the Australian Securities and Investments Commission following referrals from the Australian Taxat...

People & Products

Justin Untersteiner has been appointed by the Australian Financial Complaints Authority as chief operating officer....

Superannuation

The tax office will not apply compliance resources regarding the sole purpose test to SMSFs invested in a DomaComa property sub-fund who happen to become a tenant....

Policy & Regulation

The development of innovative self-service financial planning tools would be a result of extending the Consumer Data Right to super and pensions....

SMSF

A man operated an illegal SMSF and issued an unlawful early release of super funds for 25 people....

Financial planning

The Australian Taxation Office has disputed the allegation by the ‘Your Right to Know’ coalition of media outlets which implies that the tax office can take money direct...

Financial planning

The Tax Practitioners Board has announced it will target 2,000 tax practitioners who were identified as being of the highest risk....

Superannuation

Australians with multiple super accounts should check their super ahead of latest changes or risk losing potential earnings, according to Industry Super Australia....

Superannuation

Industry Super Australia has suggested that the Australian Taxation Office delegate superannuation funds and trade unions to pursue superannuation guarantee debts from re...

SMSF

SMSFs that fail to lodge annual returns by the due date and have their compliance status changed do not have the right to appeal to the AAT as the SuperFund Lookup websit...

Policy & Regulation

The Institute of Public Accountants has put its support behind the Government’s reintroduction of the superannuation guarantee amnesty bill....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 8 hours ago