China unveils new stimulus package
From smallcaps.com.au: China has announced a new stimulus package, including interest rate cuts and liquidity injections, to support its struggling economy ahead of trade talks with the U.S.… read more
The taxing impact of family breakdowns
From: www.taxinstitute.com.au: [podcast] ‘While many assume the CGT roll-over makes divorce tax matters straightforward, the reality is far more complex.
Tax practitioners often need specialised knowledge when advising clients through relationship breakdowns, considering both immediate tax relief options and long-term implications.’… read more
AI weaponised to attack Aussie businesses
From michaelwest.com.au: Australian businesses are increasingly targeted by cybercriminals using artificial intelligence to execute sophisticated scams, including the creation of deepfake voices and invoices.
A report from SoSafe reveals that nearly all organizations in Australia have experienced AI-driven attacks, with small and medium-sized businesses being particularly vulnerable.… read more
Age Pension and super changes 1 July 2025
From retirementessentials.com.au: Significant changes to retirement income and superannuation will take effect on 1 July 2025, including increased income and asset thresholds for the Age Pension, an increase in the Super Guarantee rate to 12%, and adjustments to the Transfer Balance Cap.… read more
New taxes on super cpould be tricky to implement
From theconversation.com: The Albanese government plans to increase the concessional tax rate on superannuation account earnings in the accumulation phase from 15% to 30% for balances over A$3 million, affecting about 80,000 account holders.… read more
ESS Reporting Deadlines 2025: Mobile Employees Guide
From au.andersen.com: Australia’s ESS reporting regime mandates that employers issue annual statements for shares, rights, or options and submit detailed reports to the ATO.
This guide provides essential information on meeting 2025 deadlines, managing global mobility challenges, ensuring accurate reporting, and maintaining compliance through a practical checklist.… read more
Definition of Marriage Under Australian Family Law
From jbsolicitors.com.au: Australian Family Law defines marriage as a voluntary, lifelong union between two people, regardless of gender.
It outlines legal requirements such as age, consent, and the necessity of an authorized celebrant, while also addressing the recognition of same-sex marriages and the voiding of unlawful unions.… read more
Financial Services: Regulatory Recap – Week commencing 5 May 2025
From gtlaw.com.au: APRA and ASIC have released updates on capital adequacy and regulatory roadmaps, highlighting enforcement priorities and surveillance activities.
AUSTRAC’s ‘Use it or lose it’ initiative targets inactive digital currency exchanges to maintain sector security.… read more
What Is Operational Transfer Pricing?
From alvarezandmarsal.com: Operational Transfer Pricing ensures compliance and strategic advantage for multinational enterprises by providing real-time control over intercompany transactions.
It aligns transfer pricing with economic substance and facilitates adaptation to tax regulations, while minimising compliance risks and year-end adjustments.… read more
Applying WHS principles to the regulation of AI in the workplace
From allens.com.au: The Australian government is consulting on AI regulation to ensure safe adoption in workplaces, with existing WHS laws applying to manage AI-related risks.… read more
Transition plans Information Guide
From charteredaccountantsanz.com: Accountants play a crucial role in climate-related transition planning, which integrates net zero emissions targets into business strategies.
This guide provides essential insights on creating credible transition plans that align with the Australian Accounting Standards Board guidelines and mandatory disclosure requirements.… read more
Family offices eclipse super funds in private capital market
From www.investordaily.com.au: Family offices have surpassed superannuation funds as the dominant group of active private capital investors, constituting 40% of this market in 2024, compared to super funds’ 13%.… read more
Vietnam is poised to become a top 20 economy
From www.aumanufacturing.com.au: Australia is facing challenges in establishing stronger trade and investment links with Vietnam, which is projected to become one of the world’s top 20 economies by 2050.… read more
Optimising Swiss Pension Withdrawals When Moving to Australia
From atlaswealth.com: When relocating from Switzerland to Australia, individuals can withdraw their Pillar 2 and Pillar 3a pension funds due to Australia’s non-EU status.
Strategic timing around the deregistration with the Swiss canton can minimise tax implications, as withdrawing funds after deregistration is generally subject to lower withholding tax rates.… read more
Strategic Emotional Leadership Drives Tax Firm Success
From insightfulaccountant.com: Strategic emotional leadership significantly impacts the performance of tax firms, particularly during high-pressure seasons like tax time.
Research shows that leaders who provide positive feedback early in projects help improve team performance throughout the year, while critical feedback should be given at the midpoint for optimal receptivity.… read more