Currently, the higher education section is experiencing an evolving risk landscape. As the sector faces mounting pressures – from staff wellbeing to cyber threats – resilience is no longer optional. So how can leaders prepare for the next wave of challenges?
A practical guide for residential colleges reviewing GST treatment for the 2026 academic year – covering endorsed charity concessions, PCG 2022/3, Division 129 adjustments, and strategies to manage GST liability and compliance with confidence.
Education sector faces EBA, teacher shortages, and cost increases. Sustainability reporting provides significant value.
This month the National Tertiary Education Union (NTEU) released its latest Wage Theft Report, revealing the extent of underpayment of wages in the tertiary education sector. The report is part of an ongoing review by the NTEU, which will publish a final report in January 2024.
Schools and education facilities are not immune to fraud and misconduct. It can be in the form of theft, misappropriation of funds, or the granting of contracts to known associates of key people.
Outrages around quality care shortfalls, COVID-19 outbreaks in residential aged care facilities, coupled with the recent Royal Commission into Aged Care Quality and Safety, have unfortunately painted a bad picture of the Australian aged care sector. This has affected the number of workers in the field and resulted in poor uptake of nursing degrees. That’s why many providers are relying on the approaching Federal Budget for investment to drive better outcomes in aged care by supporting its predominant capital – the workforce.
GST compliance requirements for schools are wide-ranging and complex. Nevertheless, it is important to remain on top of your GST compliance obligations to avoid the imposition of financial penalties by the Australian Taxation Office (ATO) or reputational damage.
In preparation for FY22-23, it is important for Schools to reflect on the year that has been and factors that will impact future performance.
The Fair Work Ombudsman (FWO) has announced its strategic priorities for 2022-23 including where audit and enforcement activities will be undertaken in relation to wage underpayments.
Beneath the surface, there is agility within our higher education institutions which we need to enhance and work to our advantage in a post-COVID world.
It‘s a challenging environment for independent schools in Australia.
The education sector has experienced a tumultuous few years.