Government urged to review TBC as super balances plummet
Adrian Flores
A law firm has urged the government to review the current transfer balance cap rules for SMSFs in the wake of COVID-19, saying many members
A law firm has urged the government to review the current transfer balance cap rules for SMSFs in the wake of COVID-19, saying many members
SMSFs are expected to “outperform” in the current economic climate compared to other super funds due to a significant portion of the sec
An industry body has shown its support for moves from the Financial Adviser Standards and Ethics Authority to cancel its upcoming April exam
With AUSkey set to retire in a week, the ATO has reminded practitioners with desktop software that they will need a machine credential to co
An investment manager has argued that the one-off work test exemption can be “quite powerful” when used in the right situations for clie
Trustees wanting to invest in property with co-owners through their SMSF should engage in a special agreement to increase the funds availabl
The Financial Adviser Standards and Ethics Authority (FASEA) has cancelled its April 2020 face-to-face exams amid the coronavirus outbreak.
Amid a slide towards a global recession, the Reserve Bank of Australia (RBA) has held an out-of-cycle emergency meeting, where it has grappl
An SMSF investment strategy that is very general and hasn’t considered the risks in addition to likely returns may encounter problems comp
An aversion to the topic of estate planning that often comes from migrants or permanent residents in Australia with Asian backgrounds can be
Exam cancellations and member event postponements are just some of the measures the professional accounting bodies have acted on as they mon
New data from the Australian Financial Complaints Authority has revealed the most cited complaints from clients of professionals whose prima
Key stakeholders from right across the industry have provided responses in relation to the COVID-19 pandemic, including administrators pract
Accountants will now be able to decide what client communication comes to them and what goes to their client’s myGov inbox as the ATO roll
The Tax Office has revealed a number of changes to its online portal as part of efforts to ease the tracking and managing of superannuation
Australia’s financial regulators have provided a reassurance to businesses that its system is “resilient” and is “well placed to dea
A rising number of SMSFs entering into arrangements involving the purchase and development of real property have led to concerns around whet
The Financial Adviser Standards and Ethics Authority has announced that its exams scheduled for April are still going ahead, but it has warn
Penalty remissions, deferred tax payments and varied PAYG instalments are among some of the administrative relief measures the Commissioner
Pensioners wanting to limit their drawdown from their super to only the required minimum should hold off on drawing any further payments unt
As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of Fintech Business.
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