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1
Aug

Understanding the Notifiable Data Breaches Scheme

On 22nd February 2018 mandatory data breach notification (Notifiable Data Breaches Scheme) obligations came into effect. This scheme, arising out of amendments to the Privacy Act 1988 (Cth), requires organisations to notify individuals whose personal information is involved in data breach and recommend the steps they should take in response...

1
Aug

Thinking of Investing in cryptocurrencies via your Self-Managed Super Fund?

It’s no doubt that in the last year cryptocurrency prices have been on a volatile ride. Even the most stable of cryptocurrencies, Bitcoin, which managed to fall in value by as much $2000 in one day in November last year has now gained more than 15% in the last week.

1
Aug

Think it’s time to establish a family office? Here are a few things you should consider

When it comes to managing and passing on your wealth there are many benefits to having a family office. For starters, family offices are a tailored service; designed and implemented to support your individual family goals and financial needs.

1
Aug

Adopting the New Revenue Standard? Have you considered the tax implications?

The new accounting standard AASB 15 Revenue from Contracts with Customers introduces a comprehensive revenue recognition model aimed at enhancing comparability of revenue recognition practices. The standard applies to years commencing on or after 1 January 2018, but for most will only come into effect as of 1 July 2018.

11
Jul

How changing tax rates will impact your deferred tax balance

While the Federal Government has deferred the senate vote on their stepped tax plan to August, it is still vital for businesses to anticipate and prepare for changes to the corporate tax rate. Under the Turnbull government’s proposed plan, the corporate tax rate will reduce periodically for all companies to...

11
Jul

Superannuation – Where are we at for 2019?

The start of the new financial year is often a time where individuals review their overall financial strategy and for many, superannuation savings forms a big part of this. Being aware of the relevant thresholds and rates at this time of the financial year is important, as it means you...