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Perrottet grilled over inherently terrible stamp duty

NSW Premier Dominic Perrottet wants broader federal tax reform before he can pursue his pet project of switching from stamp duty to an annual land tax.

ARCA, ABA review Codes

ARCA, ABA review Codes The treatment of joint accounts and the sensitive topic of financial abuse feature in an overhaul of the Credit Reporting Code. The Australian Retail Credit Association yesterday published proposed changes to the Code and is now undertaking public consultation. The Australian Banking Association this morning also announced it has commissioned an independent review of the Banking Code of Practice and the review is now calling for submissions. The National Consumer Credit Protection Amendment (Mandatory Credit Reporting and Other Measures) Act 2021 was passed in February 2021 and provided for a new form of ‘financial hardship information’ to be included in the credit reporting system from 1 July 2022.

Rockhampton Girls Grammar posts strongest profit since 2015

Premium Content Subscriber only Rockhampton Girls Grammar School (RGGS) posted its strongest profit last year since 2015, thanks to $1.1 million in funding from JobKeeper. The RGGS 2020 annual report and financial statements were tabled recently at Queensland Parliament and revealed the school profited $1.2 million. It is the first report under new principal Deanne Johnston, who has just completed her first year at the school. Deanne Johnston is Rockhampton Girl Grammar School s principal. The private school had a total of 290 students in 2020 with 87 boarders and 203 day students. Of these, 83 students were in years prep to six and 207 were in years seven to 12. The school supported 26.5 teaching staff, 17.7 non-teaching staff and seven boarding staff.

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