Ca Anz News Today

Australia’s two major professional accounting bodies have now committed towards a net-zero emissions target alongside 11 other accounting bodies across the globe.

A former Fellow Chartered Accountant has now been sentenced to 10 years in jail after pleading guilty to deceiving clients in the use of their SMSF money.

The industry has reacted to the Government’s consultation on non-arms length income with one organisation describing it as offering an “umbrella of hope” for superannuation funds.

Chartered Accountants Australia and New Zealand (CA ANZ) is urging the Government to streamline regulations for financial advisers and accountants in the 2022 Australian federal budget.

Replacing the annual superannuation contribution cap with a lifetime one would boost women’s super balances and make the system fairer, according to Chartered Accountants Australia and New Zealand.

Chartered Accountants Australia and New Zealand has provided advice to members wishing to cancel their Australian financial service licence following rising costs of running AFSLs and more advisers exiting the industry.

Eight consumer groups have united with eight industry bodies in opposition to the compensation scheme of last resort (CSLR) legislation in its current form.

Australia’s two major professional accounting bodies have now committed towards a net-zero emissions target alongside 11 other accounting bodies across the globe.

Workers in NSW could be weaned off COVID-19 Disaster Payments as soon as mid-October, based on current inoculation trends, while Victoria could be cut off one month later, after the government announced an exit strategy in step with the “National Plan”.

COVID-19 support payments to individuals and businesses will now be tax-free after a new bill was passed by both houses on Monday.