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‘No reason’ for accountants’ exemption: final QAR report

The final QAR report acknowledged there is ‘little merit’ in holding a limited AFSL but has opted against recommendi ... READ MORE

Common audit issue flagged with pre-1999 unit trusts

A specialist SMSF auditor has stressed the importance of SMSF trustees providing an updated unit register where they hav ... READ MORE

Government to release objective of super consultation ‘very soon’

Minister Jones has suggested that balances above $5 million are not consistent with the purpose of super as the governme ... READ MORE

BDO calls for review of contribution caps

The mid-tier accounting firm has called on the government to review the current contribution caps and their impact on re ... READ MORE

RBA reveals first interest rate decision for the year

The RBA has announced its decision on the cash rate following a significant annual increase in inflation. ... READ MORE

TBC indexation to spur wide range of complex scenarios

A technical expert has stressed the importance of reporting TBAR events on time from July, with indexation set to make t ... READ MORE

Auditor flags knowledge gaps with loans and financial assistance

A lack of understanding around the definition of a loan to a member and financial assistance is causing some breaches to ... READ MORE

Consistent issues surfacing with LRBAs, auditor warns

Despite the limited recourse borrowing rules being around for some time, an SMSF auditor says he is still seeing a stead ... READ MORE

Former Perth adviser jailed

A former Perth adviser has been sentenced for making unauthorised client transactions. READ MORE

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