From hallandwilcox.com.au: A roundup of recent developments in superannuation, financial product advice, financial markets, anti-money laundering, insurance, banking and other financial services regulation.… read more
From hallandwilcox.com.au: The case Funtastic Ltd v Madman Film and Media Pty Ltd centered on a dispute regarding completion accounts in a share sale agreement, specifically over the classification of certain accrued expenses and un-invoiced amounts.… read more
From www.heffron.com.au: Many clients are considering winding up their large market linked pensions due to a recent amnesty, but there are potential downsides, such as reduced tax-exempt income and difficulties related to personal tax liabilities.… read more
From www.dbalawyers.com.au: Streaming different types of income to beneficiaries in discretionary trusts requires express authorization in the trust deed, otherwise, the ATO expects income to be distributed proportionately.… read more
From creditorwatch.com.au: Retail sales in Australia were largely unchanged in December, decreasing by 0.1% month-on-month but showing a 4.6% increase compared to December 2023, with overall turnover remaining significantly higher than pre-COVID levels.… read more
From sladen.com.au: The ATO’s updated ruling TR 2013/5 states that failure to make minimum pension payments can cause a superannuation pension to cease, which the author disputes, arguing that such failure does not terminate the pension as long as the superannuation fund rules comply with SIS Regulations.… read more
From www.aicd.com.au: Public trust in business leaders and employers has significantly declined, with 68% of surveyed individuals expressing distrust in business leaders and trust in employers dropping to 75% globally, according to the 2025 Edelman Trust Barometer.… read more
From cpaaustralia.com.au: The not-for-profit sector faces rising demand for services amid inflation and competitive funding environments, leading to challenges in meeting operational costs and compliance requirements.… read more
Inherited property can complicate divorce or separation proceedings, as it raises questions about whether such assets remain with the individual or become part of marital assets.… read more
From www.abc.net.au: Millie lost her family home due to a court ruling that held her responsible for her ex-partner’s substantial tax debts, despite her lack of awareness regarding those debts.… read more
Private equity markets in Australia have experienced increased popularity among both retail and institutional investors, but are now facing significant challenges due to valuation declines and economic uncertainties, reports alvarezandmarsal.com… read more
From johnjeffreystax.com.au: The ATO has intensified its scrutiny of succession planning and asset transfers between generations, mandating that such assets be valued at market rates to prevent tax underreporting.… read more
From www.macquarie.com: Macquarie expects 2025 to be a favorable year for Australian investors, driven by falling interest rates, resilient domestic GDP growth, and a positive global economic backdrop.… read more