Working in professional services? Find out how new ATO Guidelines might affect you and your firm.
Four years after suspending their guidelines, the ATO has finalised its compliance approach to the allocation of professional firm profits with the publication of Practical Compliance Guidelines PCG 2021/4, set to take effect from 1 July 2022.
The Dealership world is currently sitting on the precipice of a monumental change from which there is no known white knight. The solution to the problem exists, but it requires the dealers to take the initiative and kill a major sacred cow in the process.
Earlier this month, Australia and India formalised a new trade agreement, with closer ties consummated in a virtual ceremony hosted by Trade Minister Dan Tehan and India’s Minister of Commerce and Industry, Piyush Goyal.
Using unused concessional contributions to super to build your nest egg. Many people know they can direct extra payments into their superannuation from their pre-tax income each financial year. These payments, known as concessional contributions, are capped at $27,500 per year from the 2021-22 financial year – and that includes super paid by an employer. […]
The rosy outlook for the global economy that was held by many at the turn of the year is beginning to darken. The global economy is now confronting a confluence of issues which have the potential to slow global activity and could spur further inflationary pressures. In following on from our note “Russian Invasion Of […]
The information in these articles are current as at 1 April 2022. Welcome to our Economic and Market Outlook – April 2022. This edition covers the following topics: Global economic update: inflation and interest rate headwinds This article discusses the geopolitical implications of the Russian invasion in Ukraine on the international economy. It also looks […]
The information in this article is current as at 1 April 2022. Part 1: Overview Russia-Ukraine War On 24 February, Russia invaded Ukraine. This followed weeks of military exercises along their mutual borders and heightened rhetoric from the Putin regime, which is still couching the invasion as a “special military operation” in communications to Russian […]
The information in this article is current as at 1 April 2022. Part 1: Overview Growth The Australian economy is tracking at above-trend levels to start 2022. 2021 saw the economy grow by 4.2% according to the Australian Bureau of Statistics (ABS) compared against a trend (average) growth rate of 2.7%. We also see business […]
The information in this article is current as at 1 April 2022. Overview The S&P/ASX 200 Total Return Index returned 2.2% over the three months and 6.2% over the nine months to 31 March 2022. S&P ASX200 Accumulation Index Source: S&P Outlook Recommendation: Maintain neutral. The Australian sharemarket has been volatile, albeit broadly steady in […]
The information in this article is current as at 1 April 2022. Overview The MSCI World (ex-Australia) Accumulation Index (AUD) returned -8.3% over the three months and 2.4% over the nine months to 31 March 2022. MSCI World ex-Australia Accumulation (Gross) Index (AUD) Source: MSCI Outlook The commodity complex (Resource and Energy sectors) outperformed strongly […]
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