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SMSF adoption of ETFs continues to rise

New research indicates that 400,000 SMSFs now hold ETFs, with international and Australian equities the most popular ass ... READ MORE

BGL promotes Daniel Tramontana to CEO

Software firm BGL Corporate Solutions has promoted its chief operating officer to the role of chief executive, effective ... READ MORE

Licensee response to ASIC guidance the next big piece for advisers

While the SMSF industry has welcomed ASIC’s updated guidance on SMSF advice, the impact for advisers will ultimately d ... READ MORE

Sole purpose risks flagged with unit trust investment scheme

SMSF trustees have been warned against entering arrangements where loans provided to SMSF members in their personal capa ... READ MORE

Court finds finfluencer contravened law

A court has found a finfluencer contravened the Corporations Act by carrying on a financial services business without ... READ MORE

ATO tipped to take tougher stance on late TBARs next year

While the ATO has applied an educative approach to transfer balance accounting reporting so far, 2023 could be the turni ... READ MORE

Further clarity needed on GST, reinstatement process with ABN changes

The Tax Institute says further detail is needed on how the proposed ABN changes may impact GST registration and the proc ... READ MORE

ASIC cancels AFSL over ‘layered advice strategy’

ASIC has cancelled the Australian Financial Services Licence of a financial service provider after the licensee faile ... READ MORE

Tax Office rights of recovery on relationship breakdowns

A recent case serves as a timely reminder that the ATO can intervene in family law disputes to protect the revenue due ... READ MORE

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