27 Feb 2019 Insurance Banking and finance Financial services General insurance sales funnel The report of the Royal Commissioner makes various suggestions as to changes in the law that may have a long term effect on the general insurance sales process.
14 Jan 2019 Banking and finance Financial services Australian Business Securitisation Fund is good news for SMEs Proposed Fund will enhance SMEs' access to funds and aims to prioritise investment in underdeveloped sectors
12 Dec 2018 Banking and finance Financial services AUSTRAC releases guidance on reporting entity regulation A recently released guidance note by AUSTRAC specifies the level of transparency in transactions by specified reporting entities under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
21 Nov 2018 Banking and finance Financial services Government proposes changes for financial reporting Proposed changes will increase the thresholds for determining what constitutes a large proprietary company under the Corporations Act 2001 (Cth).
25 Oct 2018 Corporate and commercial Digital governance, cyber and privacy Banking and finance Financial services APRA issues updated risk paper on cloud computing Managing risk around using outsourced cloud computing services is key.
19 Oct 2018 Banking and finance Financial services Individual tax residency rules ripe for reform Proposed changes could have significant impact upon the tax profile of individuals with overseas connections.
25 Sep 2018 Transport and logistics Banking and finance Financial services ATO extends the Taxable Payment Reporting System The ATO's Black Economy Taskforce has extended the Taxable Payment Reporting System to encourage businesses to keep sufficient business records.
24 Sep 2018 Banking and finance Financial services Trust split arrangements may now give rise to capital gains tax Trustees should consider tax implications of trust splitting in light of ATO's TD 2018/D3.
30 Aug 2018 Banking and finance Financial services High Court clarifies question on trust streaming of franking credits Commissioner is bound by a court's finding of legal fact, but not to taxation consequences that flow from that fact.
30 Aug 2018 Banking and finance Financial services Superannuation Fund Governance Will Royal Commission's findings be catalyst for change recommended in the Productivity Commission's report into the superannuation industry?