News Articles

April 2019

16
Apr

Changes to default insurance for inactive superannuation members

From 1 July 2019, a new bill will put a stop to insurance premiums being paid out of inactive superannuation accounts, in an effort to reduce the impact these costs have on people holding multiple low balance accounts.

16
Apr

Cyber Security - a growing risk for businesses

There are several reasons why the risk of a Cyber incident is such an important issue on the business agenda, as the increasing frequency, scale and impact of successful attacks cannot be underestimated. Australian legislation has been amended to include the Notifiable Data Breaches Scheme and the Government’s response to...

16
Apr

ATO ramps up data matching to weed out non-compliance

With the emergence of digital business and the sharing economy, both state and federal authorities are stepping up data matching activities as a means of sampling the general population to detect evasion, non-compliance with legal and tax obligations, and to identify potential audit targets.