Consultation period opens for tax-agent regulation reform Federal Accountants, lawyers and other professionals have until 21 January 2024 to respond to a raft of changes to tax agent regulation.
FRC, AASB and AUASB to be merged into single government entity November 22, 2023 By Tom Ravlic Economy & Industry The proposed model will end the traditional separation of the financial reporting and auditing disciplines.
Premium Insights and analysis What did the Romans ever do for us? Labor releases proposed Bitcoin regulations October 17, 2023 By Julian Bajkowski Community & Social The head of ASIC has compared the rise of crypto to the Roman Empire. So let’s unpack that a little, specifically the bit about coin.
Simple proposal to strengthen ATO scrutiny of super contributions October 11, 2023 By Melissa Coade Economy & Industry The federal government is inviting submissions on a consultation paper outlining new rules for super to be paid on payday from the 2026 FY.
Tax officers’ union goes direct to Gallagher to break APS pay impasse October 10, 2023 By Julian Bajkowski Economy & Industry Former CPSU head Stephen Jones plays peacemaker as service-wide bargaining faces renewed scrutiny and pressure on the government intensifies.
Premium Insights and analysis Treasury excises screen-scraping fintechs from the bottom of its shoe September 8, 2023 By Julian Bajkowski Communications & Technology Dangerous screen scraping could soon be banned, with risk appetites changing after millions of Australians had their personal data stolen.
Scrapped: Business registry modernisation scheme halted after projected $2.3 billion blowout August 30, 2023 By David Adams Federal The Modernising Business Registers Program will not continue after a report found glaring issues with cost and complexity.
Premium Insights and analysis Changing of the guard at RBA will accelerate Australia’s great digital reckoning August 7, 2023 By Julian Bajkowski Communications & Technology Ain’t nothing like money moving too quickly for the regulator to crack the whip. Michele Bullock knows what hard innovation questions to ask.
Tough new tax rules to help agencies share information August 7, 2023 By Tom Ravlic Economy & Industry The regulatory regime applying to tax agents and services is ‘unfit for purpose’ and measures to punish and deter misconduct are proposed.
‘Do not accept the status quo’: ATO’s Chris Jordan goes out firing July 28, 2023 By Julian Bajkowski Community & Social Australia’s tax chief has a rock solid track record when it comes to delivery and culture. Can his success be replicated?
Superannuation oversight review calls for APRA to polish resolution function, do better at spotting risks July 14, 2023 By Melissa Coade Federal A review of the Australian Prudential Regulation Authority has made five recommendations for the oversighter of superannuation providers.
Premium Insights and analysis Real-time reckoning comes to Stephen Jones, RBA and retail banks July 13, 2023 By Julian Bajkowski Federal The world of unintended consequences from technology is boundless. Just add lawyers and some dreamy regulation.
NSW cops invoke work bans on Feds, APS, in stoush with Stephen Jones July 3, 2023 By Julian Bajkowski Career Advice A 10-year row over NSW police officers’ mandatory death and disability cover has exploded. Jacqui Lambie and the Greens are backing the plod.
Climate agency to build insurance database for natural disaster zones June 16, 2023 By Tom Ravlic Economy & Industry The government has asked the Australian Climate Service to develop a database on insurance affordability, underinsurance and non-insurance.
Difficult road ahead for disqualified tax agents June 6, 2023 By Tom Ravlic Economy & Industry Bill amendments state a ‘disqualified entity’ cannot be used by a registered agent to do tax work without the TPB approval.
