ATO target high-risk small businesses
Businesses that trade mostly on a cash basis are currently being targeted by the ATO in efforts to uncover undeclared revenue. Common business types they are cracking down on are cafes, bars, restaurants and [...]
Review Of Victoria’s Long Service Leave Laws
The Andrews Labour Government are in the process of reviewing Victoria’s Long Service Leave arrangements under the Long Service Leave Act 1992. The review will examine whether the existing arrangements meet the expectations of the [...]
Caution Over Bankruptcy and Insolvency Law Changes
The federal government has launched reforms to bankruptcy and insolvency laws which are expected to be legislated mid-2017. They have the potential to make it easier to bounce back from a business failure, including changing the [...]
ATO Debt will soon show on Credit Reports
In an effort to get paid faster, the Australian Taxation Office, from 1 July 2017, will start reporting overdue small business tax debts to Credit Rating Bureaus. Initially the measure will only apply to [...]
Stamp Duty Abolished For First Home Buyers
The Stamp Duty abolished for first home buyers: For properties under $600,000 the stamp duty will be completely abolished; and Discounts will now be available for properties between $600,001 to $750,000. This is a four [...]
SA storage: Hydrogen fuel cell firm ANT says its time has come
Kicking Goals - Hydrogen fuel cells' time is now, says Applied Nano Technologies' Noel Dunlop A Melbourne-based hydrogen fuel cell startup says it's time to move past the technology's troubled history and embrace a vastly improved new [...]
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