Month: March 2025 AWST
My client’s DPN expires today, what can they do?
From worrells.net.au: With the ATO escalating their debt collection activity, there has been a surge in urgent inquiries about how swiftly insolvency practitioners can step in to counter the personal liability linked with ‘non-lockdown’ Director Penalty Notices (DPNs).… read more
Disconnect from work: ways you can avoid burnout
From cpaaustralia.com.au: In August 2024, Australia implemented a ‘right to disconnect’ law to establish clear boundaries around work communication after hours, following trends in several European countries.… read more
Post-Wayfair Sales Tax Compliance and Exposure
From www.klgates.com: (US context, podcast) A discussion of the implications of the 2018 Supreme Court case South Dakota v. Wayfair on sales tax nexus and related transaction considerations.… read more
The Share Essentials: Share capital in Australia
From mccabes.com.au: Australian companies must have at least one member, and the rights and restrictions attached to shares can be determined by the Corporations Act, the company’s constitution, and any shareholder agreements.… read more
Community Batteries Funding Program round 2
From bdo.com.au: Round 2 of the Community Batteries Funding Program is opening soon, inviting applications from eligible entities with Australian Business Numbers.
The program aims to encourage widespread deployment of community batteries, demonstrate their benefits, and build industry capacity.… read more
Reducing Underpayment Risk
From sladen.com.au: Sladen Legal has released a practical guide aimed at helping businesses reduce the risk of employee underpayment.
The guide provides actionable strategies to address potential wage-related issues.… read more
Trump names cryptocurrencies in strategic reserve
From michaelwest.com.au: US President Donald Trump announced on social media that five cryptocurrencies, including bitcoin and ether, will be included in a new US strategic reserve of digital assets, leading to significant spikes in their market values.… read more
Bosses aren’t trying hard enough
From www.rossgittins.com: Australia’s productivity has stagnated for over a decade because businesses have not invested adequately in labour-saving capital, leading to a decline in the capital-to-labour ratio.… read more
APRA consultation on annuities
From financialnewswire.com.au: APRA is set to conduct a public consultation regarding annuity products and potential changes to capital settings and illiquidity premium calculations.
The Council of Australian Life Insurers (CALI) has welcomed this initiative, highlighting the low usage of annuities among the approximately five million Australians in or preparing for retirement.… read more