Brisbane Accountant Press Releases

The Productivity Commission (PC) has been tasked by the Australian Government to conduct an inquiry into creating a more dynamic and resilient economy. The PC was asked to identify priority reforms and develop actionable recommendations.

In support of young Australians and in response to the rising cost of living, the Australian Government has passed legislation to reduce student loan debt by 20% and change the way that loan repayments are determined.

The ATO is focusing on areas where frequent errors occur including: 1. When it comes to work related expenses, claims must have a clear connection to income earning activities and be substantiated with records including receipts or invoices.

It's easy to miss the warning signs that can lead to insolvency. These can include: *Significant below budget performance.

The Treasurer is promising that inflation will decline by 0.75% as a direct result of the 2024-25 Federal Budget initiatives including energy relief for all households, a boost to Commonwealth Rent Assistance, and the freezing of the maximum co-payment...