Month: March 2025 AWST
Boost team productivity with time management hacks
From www.aigroup.com.au: Effective time management is essential for enhancing productivity in the workplace, especially for new employees.
Employers can support their teams by implementing innovative strategies such as personalized breaks, themed workdays, digital detox hours, and gamification techniques.… read more
RBA and ASIC act on deep concerns with ASX
From asic.gov.au: The RBA and ASIC have expressed serious concerns about the ASX’s management of operational risk following the CHESS batch settlement failure on December 20, 2024.… read more
Which Family Members Can Challenge My Will in NSW?
From jbsolicitors.com.au: This piece outlines who can challenge a will in New South Wales under the Succession Act 2006, including spouses, children, stepchildren, and dependents.… read more
DOJ Bulk Sensitive Data Rule Applicability and Impact
From alvarezandmarsal.com: (US context) The implications of the DOJ Bulk Sensitive Data Rule, highlighting its focus on preventing access to U.S. sensitive personal data by certain nations and the increased security expectations for companies.… read more
Report: Commission Risks in Motor & Asset Finance
From alvarezandmarsal.com: (UK context) Examines the challenges faced by the motor and asset finance sectors due to undisclosed commissions, with a focus on potential legal and financial risks and the need for more transparency.… read more
Complex projects: how financial managers balance the books
From www.acuitymag.com: Major transport infrastructure projects like Sydney Metro, which involves over A$60 billion in funding and spans decades, require balancing financial discipline and flexibility amidst unpredictable challenges.… read more
How can we close the gender pay gap in accounting
From www.acuitymag.com: The 2024 CA ANZ Remuneration Survey highlights a persistent gender pay gap of 18% in Australia and 22% in New Zealand within the accounting profession, driven largely by underrepresentation of women in senior roles and systemic biases.… read more
A CA’s playbook for thriving in crypto
From www.acuitymag.com: Jason Titman, CEO of Swyftx, maintains that traditional accounting frameworks like IFRS and GAAP are inadequate for the complexities of cryptocurrency, requiring chartered accountants to adapt their skills for financial reporting and management in this volatile market.… read more
RBA and ASIC hit ASX on operational risk
From financialnewswire.com.au: The RBA and ASIC have deemed the ASX non-compliant with operational risk obligations due to concerns over the reliability of the CHESS settlement system.… read more
Navigating Australian carbon credit units
From jws.com.au: Mining and oil and gas companies are increasingly procuring Australian carbon credit units (ACCUs), driven by the reduction of baseline emissions under the Safeguard Mechanism and fluctuating market prices.… read more
safeguarding family business from a family law claim
From cgw.com.au: (Podcast) Discussing the complexities of safeguarding intergenerational family businesses from family law claims by in-laws.
Successful protection often depends on the sincerity and soundness of the business structure, illustrated with a recent case of a well-established unit trust with corporate trustee.… read more
ATO highlights issues in the legal profession’s tax compliance
From www.pitcher.com.au: The ATO’s Practical Compliance Guidelines 2021/4 will be fully applicable to principals of certain professional firms starting in FY25, targeting profit allocation compliance.… read more