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Last Call for the Climate Smart Energy Savers Program!

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Attention, Queenslanders! The clock is ticking, and you have until 11:59pm on December 4, 2023, to take advantage of the Climate Smart Energy Savers Program. Don't miss out on the chance to upgrade your appliances and make your home more…

If you get the chance – do some travelling!

Australia certainly is a big country to explore. The Central Highlands and King Valley in Victoria are particularly beautiful. And while you’re at it, try out a winery or two! It is the perfect time of year to get out…

ATO steps up data-matching to snare late super payments

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The ATO has begun proactive action against employers who fail to pay super guarantee (SG) payments on time or lodge super guarantee charge statements as it ramps up data-matching in the wake of STP 2, according to Insyt chief executive…

10 Interesting Facts about Australia

The Australian Alps get more snow than the Swiss Alps.  They straddle NSW and Victoria with Perisher being the largest ski resort in the southern hemisphere. 90% of Australians lives on the coast. Tasmania has the cleanest air in the…

Qld Govt announces household energy savings program

The Queensland Government has announced that eligible householders will benefit from the $60 million household energy savings program to encourage the take up of energy efficient appliances and household batteries. The Climate Smart Energy Savers appliance rebate is the first…

Annual Shutdown and Unpaid Leave changes

Impact on employers and employees Generally, when businesses temporarily shut down over Christmas/New Year, employers have been able to direct their employees to take annual leave or, where they have no annual leave entitlements available, employers have been able to…

2023-24 Federal Budget Summary

The Federal Treasurer Jim Chalmers handed down the 2023-24 Federal Budget on 9 May 2023. The following is a list of highlights from a business, tax, and superannuation perspective. Please read our full summary of the 2023-24 Federal Budget here.…

RBA increases cash rate by 25 basis points to 3.35 per cent

The Reserve Bank has raised interest rates for the ninth meeting in a row, taking the cash rate target to its highest level since September 2012. The 0.25 of a percentage point increase at today's RBA board meeting leaves the…

New Accountability Measures Proposed for ABN Holders

Originally announced in the 2018–19 Federal Budget, and now set out in draft legislation, are newly introduced accountability measures for ABN holders. Once in effect, this will mean you will have to: lodge outstanding income tax returns, and confirm the…

8 in a row

Today the Reserve Bank of Australia (RBA) increased official interest rate by 0.25% to 3.1%. This is the eighth increase in a row.  The last time Australia had an interest rate above 3% was back in October 2012. The RBA…

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