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...
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.
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.
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.