Community
Unintended consequences of work test changes to be rectified
New draft legislation to the work test mean impacted individuals will retain their ability to claim deductions for personal contributions post 30 June 2022, says a leading adviser.
Banks launch scam awareness campaign
The new campaign highlights the importance of customer alertness against criminal activity by scammers.
ATO warns of rise in SMSF identity fraud and investment scams
The ATO has warned SMSF members to be aware of identity fraud and investment scams.
The importance of SMSF succession planning
Preparing for loss of capacity or death is vital for SMSF members. It's important to ensure your trust deed is watertight.
Our investment and economic forecasts, April 2023
Our latest forecast changes include expectations for:
ATO warns SMSF on sole purpose test for property investment
Property investment by an SMSF will fail the sole purpose test if it provides pre-retirement benefit to someone such as personal use of a fund asset, warned the ATO director of the SMSF Auditors Segment.
Australian retirees face accelerating price pressures
Couples now need nearly $70,000 per year to achieve a comfortable retirement, while singles need around $50,000 according to an analysis from the ASFA Retirement Standard.
Bank closures, market volatility call for perspective
Amid sudden bank closures, we explain our risk management approach and remind investors to focus on what they can control.
Protect your business from cyber threats.
Computer hacking has been around for as long as there have been computers. Once it used to be computer geeks showing the world how smart they were. Now it's become very serious with almost any person, company or Government at risk from these criminal activities.