COVID-19 has significantly reduced the number of shoppers that are visiting Australian shopping centres for reasons other than to shop for food and other essential items that will allow them to maintain social distance, and if necessary, self-isolate for a period of time.
Under the best of circumstances, a week is a long time in any active corporate transaction process. It’s constantly subject to external forces — market valuation considerations, stakeholder approvals, availability of credit, to mention just a few.
This morning, Sunday, 22 March 2020, Prime Minister Scott Morrison and Treasurer Josh Frydenberg announced an additional $66b in COVID-19 economic support.
Since the outbreak of coronavirus COVID-19, the focus of authorities, governments and businesses has been on the health, safety and wellbeing of our people in balance with the health of our economy.
The current COVID-19 situation is unprecedented and the economy isn’t sure how to respond.
On Wednesday, 11 March 2020, the World Health Organisation (WHO) declared the global spread of COVID-19 a pandemic.
As the margin scheme is widely used by those in the real estate & construction industry, this webinar will provide a detailed examination into the application of the margin scheme.
Droughts, fires, floods and now a pandemic. The Australian people have experienced disaster after disaster in the last 18 months, with much of this seemingly concentrated in the last 6 months.
In early 1848, in the middle of a Californian river, gold flakes were discovered. Not even a year later, an influx of approximately 300,000 migrants arrived and staked their claims in the hopes of making their fortunes.
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.
In recent years we’ve seen the release of AASB 15 “Revenue from Contracts with Customers” and Tax Ruling 2018/3 “Tax treatment of long term construction contracts” (formerly IT 2450). Industry participants and their advisors need to understand the impact these may have on the timing and quantum of their revenue each year.
Though ransomware is not new in the cybersecurity space, its implications can have substantial impact on businesses.