From www.ifa.com.au: Labor’s insistence on including unrealised capital gains in the $3 million super tax is facing criticism, with critics arguing that it could lead to substantial funds being withdrawn from the superannuation system.… read more
From www.claytonutz.com: Organizations must maintain a robust software licensing posture and prepare for supplier audits by understanding their software needs and details of licensing agreements.… read more
From unifiedlawyers.com.au: A Departure Prohibition Order (DPO) prevents individuals with significant debts, such as unpaid taxes or child support, from leaving Australia.
Issued under federal law, DPOs are enforced at international departure points and can lead to severe penalties if ignored.… read more
From ministers.treasury.gov.au: The Reserve Bank of Australia has decided to lower the cash rate by a quarter of a percentage point to 3.85% for the second time in three months, providing financial relief for Australian families with mortgages.… read more
From apimagazine.com.au: Commercial investors should implement key strategies before the financial year ends to optimize tax and financial outcomes.
They should pre-pay expenses, order a tax depreciation schedule, and bring forward repairs and maintenance to maximize deductions and improve cash flow.… read more
From premium.goauto.com.au: Directed Technologies, in collaboration with KPMG Australia, has launched an innovative fuel-tax credit automation solution that can save heavy vehicle fleets up to $50,000 annually.… read more
From pitcher.com.au: Victoria’s budget recovery heavily depends on property taxes, though this reliance may deter investors due to tax instability.
The state faces significant fiscal challenges with a projected net debt of $194 billion by 2029, demanding strategic economic planning.… read more
From bdo.com.au: ASIC provides guidance on directors’ duties related to sustainability reporting, emphasising the necessity for understanding climate-related risks and establishing risk management systems.
Directors are encouraged to rely on expert advice while maintaining personal judgement and accountability.… read more
From bdo.com.au: The BDO 2025 Year-End Tax Bulletin outlines key tax measures from the 2025 Federal Budget and updates from the past financial year, focusing on year-end tax considerations for individuals and organisations.… read more
From bdo.com.au: The Victorian State Budget 2025-26 introduces no new taxes while implementing spending cuts and inflation adjustments.
A new Emergency Services and Volunteers Fund Levy replaces the Fire Services Property Levy, significantly impacting rural communities.… read more
From gtlaw.com.au: AICD released guidance to help directors enhance data governance and manage cyber risks.
ACCC initiated legal action against Beacon Products Pty Ltd and Zandox Group Pty Ltd for alleged unfair practices.… read more
From alvarezandmarsal.com: Transformation requires alignment with business objectives to enhance performance rather than simply adding amenities to a business.
Unproductive cultures, characterised by unclear expectations and micromanagement, hinder organizations from achieving their performance targets and drive away talent.… read more
From alvarezandmarsal.com: The Rapid Growth Roadmap emphasises proactive business management to tackle economic challenges and drive profitability.
It outlines strategies for creating value in portfolio companies by identifying growth opportunities and optimizing customer engagement.… read more
From pitcher.com.au: Starting 1 July 2025, the new Emergency Services and Volunteers Fund Levy will replace the current Fire Services Property Levy in Victoria, introducing changes like an increased variable charge and a rebate for eligible volunteers.… read more
From www.pitcher.com.au: The Victorian government has announced a 12-month extension of the off-the-plan duty concession, allowing property contracts entered into between 21 October 2025 and 20 October 2026 to benefit from the expanded concession.… read more