From www.accountantsdaily.com.au: The Tax Institute will focus on supporting vulnerable groups within the tax system as part of its advocacy efforts this year, particularly in light of current economic pressures.… read more
From www.journalofaccountancy.com: Gallup research has revealed that a culture of caring within organizations significantly enhances employee engagement and reduces turnover, yet only about 25% of employees feel their employers care about their well-being.… read more
From www.ifa.com.au: The number of members expelled from the Australian Financial Complaints Authority nearly doubled from 443 in 2023 to 859 in 2024, primarily due to failure to pay fees.… read more
From www.smsfadviser.com: Former Dixon Advisory client Jan Smith testified at a Senate inquiry that promoting in-house products enabled unscrupulous advisers to exploit clients for personal gain.… read more
From www.smsfadviser.com: Litigation involving SMSFs and member benefits upon death or incapacity is increasing, driven largely by the intergenerational wealth transfer among Baby Boomers.
The complexity of these situations is compounded by the legal status of superannuation as not being estate assets, highlighting the importance of proper trustee duties and beneficiary nominations.… read more
From www.aigroup.com.au: Innes Willox, Chief Executive of the Australian Industry Group, emphasizes the urgent need for genuine tax reform in Australia to improve competitiveness and productivity.… read more
From financialnewswire.com.au: Australian Prudential Regulation Authority faced scrutiny from Labor Senator Tony Sheldon, who questioned whether expenditures funded by supervisory levies, such as a $70,000 Christmas party, are in the best interests of superannuation fund members.… read more
From grantthornton.com.au: Tax due diligence provides a comprehensive review of tax compliance, liabilities, and governance in potential acquisitions, playing a crucial role in identifying tax risks and ensuring compliance.… read more
From alvarezandmarsal.com: Travel and hospitality trends in North America for 2025 suggest a post-pandemic stabilization, tech-driven customer engagement, robust loyalty programs, and strategic ecosystem partnerships.… read more
From www.unifiedlawyers.com.au: Financial infidelity occurs when one partner hides financial details or makes significant financial decisions without the other’s knowledge, leading to trust issues in a relationship.… read more
From www.lawyersweekly.com.au: Corporate lawyers and in-house counsel need to proactively prepare clients for potential onsite investigations by police and regulators, especially in light of the National Anti-Corruption Commission and stronger enforcement measures.… read more
From www.aicd.com.au: Organisations in Australia must adopt proactive anti-discrimination policies, as recent legal changes impose a “positive duty” to prevent workplace harassment and discrimination.
Effective implementation relies on leadership commitment, regular monitoring, and employee involvement in shaping policies, alongside clear reporting channels to ensure accountability.… read more
From www.aicd.com.au: Directors and Officers (D&O) insurance protects senior leaders from personal financial harm resulting from legal claims related to alleged wrongful acts, mismanagement, or breaches of duty.… read more
From www.realestate.com.au: Many homeowners on the Mornington Peninsula are selling their holiday homes, leading to the largest sell-off in the area’s history and reducing the availability of short-stay accommodations.… read more
From www.journalofaccountancy.com: (US context) Almost 75% of CFOs believe the economy will improve in the coming year, a significant increase from 19% in the previous quarter, according to Deloitte’s survey.… read more