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APRA releases its inaugural Superannuation Heatmap

19 Mar 2020

On 10 December 2019 APRA released its inaugural Superannuation Heatmap, which is designed to highlight which superannuation funds are delivering appropriate outcomes for their members.

Victoria announces $437m health package

19 Mar 2020

Today, the Victorian Premier, Daniel Andrews, announced a $437m health package in addition to the $100m elective surgery measures announced on 16 March 2020.

Northern Territory announces $60m stimulus package

19 Mar 2020

On 18 March 2020, the NT Government announced a $60m stimulus package aimed at business upgrades and home renovations which the Chief Minister, Michael Gunner says will "keep shop doors open, keep cash flowing, and keep Territorians working".

WA provides relief for businesses and households with $607m stimulus package

17 Mar 2020

WA Premier, Mark McGowan, has announced a number of initiatives to provide relief to businesses and households in the wake of COVID-19 and the disruption this is causing in the economy.

NSW Government provides $2.3b towards health and economic stimulus

17 Mar 2020

NSW Government provides $2.3b towards health and economic stimulus

'Locking in certainty’ – Important changes to income protection insurance

02 Mar 2020

Insurance companies will be stopped from issuing any agreed value income protection policies from 1 April 2020.

A Safe Harbour, but for who?

01 Mar 2020

This month, ‘Safe Harbour’ legislation was passed offering protection to directors from insolvent trading exposure. Is this the big reform Australia that will encourage entrepreneurship and provide a platform to protect (or “harbour”) business value?

Director personal liability for GST and other indirect taxes

19 Feb 2020

As part of the program to combat illegal phoenixing, the A New Tax System (Goods and Services Tax) Act 1999 (“GST Act”) and the Tax Administration Act 1953 (“TA Act”) have recently been amended.

Whistleblowing at the right tone

14 Feb 2020

With the recent Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry and the current Royal Commission into Aged Care Quality and Safety, whistleblowing is likely to increase. New laws encourage and protect whistleblowing but are companies ready for this?

APRA rounds out Private Health Insurance Policy

13 Feb 2020

APRA has put into motion the third and final phase of its Private Health Insurance (PHI) Policy Roadmap – a review of the PHI capital framework – and has delivered frank advice regarding the sustainability of the sector.