New Franchising Code
From cgw.com.au: The new Franchising Code, effective from 1 April 2025, replaces the Old Code and introduces key reforms, including updated disclosure obligations and changes in termination rights for franchisors.… read more
Bookkeeper Job Description
From futurefirm.co: A comprehensive bookkeeper job description is crucial for attracting qualified candidates, detailing responsibilities such as managing financial transactions, enhancing client communication, and automating processes.… read more
AI for SMEs: Overcoming cost and integration barriers
From intheblack.cpaaustralia.com.au: AI adoption among SMEs is growing, with 69% of organizations utilizing AI in 2024, up from 55% in 2023, driven by government initiatives in countries like Australia and Singapore that aim to reduce integration costs and provide training.… read more
Insights into Growing a Professional Practice
From cathropartners.com.au: Building a successful professional practice requires commitment, strategic thinking, and the ability to delegate tasks effectively, as discussed by Nick Hitchens in a conversation with Andrew Blundell.… read more
Trust land under the Land Act 1994 (Qld)
From www.claytonutz.com: Amendments to Queensland’s Land Act 1994 in 2024 expanded the scope for trustees of trust land to undertake actions that may conflict with the original purpose of the land, while still requiring management in line with that purpose.… read more
Fair Work Ombudsman guidance on payroll remediation
From www.claytonutz.com: The Fair Work Ombudsman (FWO) has released a Payroll Remediation Program (PRP) Guide to assist employers in addressing employee underpayments as per the Fair Work Act 2009.… read more
QLD: Sexual Harassment Prevention Plans Now Required
From www.cbp.com.au: From 1 March 2025, Queensland employers must implement a sexual harassment prevention plan that addresses specific risks and includes a written document accessible to workers.… read more
PwC’s Monthly Tax Update – May 2025
From www.pwc.com.au: PwC’s Monthly Tax Update for May 2025 provides insights into recent developments in corporate tax, employment tax, international tax, indirect tax, state taxes, and superannuation.… read more
How to rebuild and maintain trust in your business
From cpaaustralia.com.au: Trust in businesses is increasingly difficult to maintain due to economic uncertainties, a sense of unfairness among consumers, and societal polarisation, making it essential for companies to prioritize both their capabilities and ethical character.… read more
Winding up market linked pensions – tax component tips
From www.heffron.com.au: Many members with market linked pensions are opting to wind them up, so it is important to understand the implications of tax components during this process, especially regarding inheritance.… read more
What Does Child Support Cover in NSW?
From jbsolicitors.com.au: Child support in NSW ensures both parents contribute to their child’s essential needs like food, shelter, medical care, and education post-separation.
Parents can negotiate child support agreements for financial stability, which might extend beyond the child’s 18th birthday if necessary.… read more
Cross Country Super Podcast: Episode 15
From smsmagazine.com.au: [podcast] Discussion includes the general transfer balance cap increase taking place on 1 July and the implications it will have for several strategies in the lead up to the end of the financial year.… read more
Low-balance in-specie payment
From smsmagazine.com.au: Individuals in a self-managed superannuation fund can receive an in-specie benefit payment even if their account balance is lower than the asset’s value, provided another member also receives a payment and directs a portion to them.… read more
When construction goes wrong: High Court ruling
From www.bartier.com.au: The High Court of Australia ruled that the Developer and Builder are wholly liable under section 37 of the Design and Building Practitioners Act 2020 (NSW) for construction defects and cannot delegate this duty to subcontractors.… read more