From www.cbp.com.au: The High Court’s decision in Elisha v Vision Australia Ltd [2024] HCA 50 established that employers must adhere to their disciplinary procedures to avoid liability for psychiatric injuries resulting from dismissals.… read more
From colemangreig.com.au: The Privacy and Other Legislation Amendment Act 2024 introduces significant changes to the Privacy Act 1988, including a new statutory tort for serious invasions of privacy that will take effect by June 2025.… read more
From www.bantacs.com.au: A clearance certificate is now mandatory for selling any real estate in Australia to prevent withholding 15% of the sale price by the ATO if not provided.… read more
From morningstar.com.au: An update on the performance of income portfolio picks, emphasising the generation of passive income through growth and high-yield investments.… read more
From apimagazine.com.au: Despite high interest rates, robust investor activity continues in the property market, with a shift towards attached dwellings like units, townhouses, and apartments for their low maintenance and safety features.… read more
From www.accountantsdaily.com.au: The Tax Practitioners Board has clarified that practitioners are not required to report breaches based solely on hearsay or unsupported opinions.
There must be reasonable grounds to believe a significant breach has occurred.… read more
From www.fssuper.com.au: An holistic approach to property investment compliance is essential for SMSFs to ensure adherence to the legal framework set by the ATO and ASIC.… read more
From www.dbalawyers.com.au: Approved SMSF auditors should retain full copies of all executed leases for each SMSF real property asset for the entire financial year to quickly satisfy ATO audits.… read more
From stonegatelegal.com.au: Libel, slander, and defamation involve false statements that harm an individual’s or business’s reputation, with libel being written or permanent statements and slander being spoken or transient ones.… read more
From michaelwest.com.au: ASIC Chair Joe Longo highlights the “existential” threat facing the corporate watchdog due to its lack of resources and inability to keep pace with the complexities of modern corporate governance.… read more
From Yahoo Finance: ‘An Aussie had her $25,000 claim knocked back and accountant Will Buckley said it’s a timely reminder for everyone.’
‘Self-education deductions can save you mountains of cash, but accountant Will Buckley said there is a grey area that can leave you thousands of dollars out of pocket if you’re not careful.’… read more
From www.smsfadviser.com: Following the decision involving Gordon Merchant’s SMSF, the ATO updated its decision impact statement reflecting two key changes regarding trustee disqualification.
The updated DIS clarifies that trustees are not required to individually consider specific regulatory matters for each investment decision and highlights that differing factual circumstances can lead to varying outcomes in disqualification decisions.… read more
From www.ibtimes.com.au: Australian superannuation funds had a strong performance in 2024, with the median growth fund delivering an 11.4% return, fueled by lower inflation and interest rate cuts.… read more
From stonegatelegal.com.au: Injunctions in Queensland serve as legal remedies that compel parties to act or refrain from actions to prevent harm, offering flexibility when monetary damages are insufficient.… read more
From www.ibtimes.co.uk: (US context) Target has decided to end its diversity, equity, and inclusion (DEI) initiatives, a move seen as part of a wider trend among major corporations like Walmart, Meta, and Amazon to roll back similar programs due to escalating political and public pressure.… read more