19/11/2020
Our team of experts discussed the latest changes to Australian reporting requirements and their potential implications for preparers of financial statements. In this webinar recording Bessie Zhang, Jimmy Cao, Tom Mullarkey, Callum Murray and Kerry McGoldrick covered the following topics: ASIC update and other regulatory changes Removal of Special Purpose Financial Reporting Asset valuation and impairment Financial […]
18/11/2020
The NSW Government has tabled a 2020-21 State Budget which is very much focused on job creation and the improvement of government services, whilst continuing to keep people safe. Key Takeaways Projected deficit of $16bn (2019-20 deficit $6.9bn). Return to surplus by 2024-25 $29bn committed to economic support measures (including pre-budget measures) in response to the […]
27/10/2020
At a time when investment and innovation are pivotal to progressing Australia’s place on the global energy stage, join us as we discuss our energy future: Key drivers and expected changes in Australia’s energy mix The role of emerging and enabling technologies The development and role of hydrogen in our future energy supply Following a […]
16/10/2020
Following changes signaled last year, China’s financial regulators recently announced new measures that will further open up capital markets to foreign investors. Investor door opening The Qualified Foreign Institutional Investor program (QFII) and the Chinese yuan-denominated Renminbi Qualified Foreign Institutional Investor program (RQFII), implemented in 2002 and 2011 respectively, allow foreign institutional investors to trade […]
09/10/2020
Proposed changes to the corporate tax residency rules announced in the Federal Budget aim to return the rules to where they were before the Bywater case ruling. The Government announced in the 2020/21 Federal Budget that it will be amending the current corporate tax residency test in response to the Board of Taxation’s recommendations. The […]
01/10/2020
01/10/2020
Following the Premier’s announcement in August 2020 regarding the intention to extend and modify the Regulations applicable to rent relief for commercial tenancies, the Victorian Governor in Council published the Amendments on 29 September 2020. As an update to our previous alert regarding commercial tenant and landlord relief, the following Regulations and Amendments are now […]
30/09/2020
The Foreign Investment Review Board (FIRB) is required to consider the tax structure of an investment proposal when determining if the proposal is contrary to the Australian national interest. Tax Guidance Note GN 47 requires FIRB to consider the impact the investment proposal would have on Australian tax revenues and the integrity of the Australian […]
30/09/2020
Consider the related financial, reputational and compliance risks for your business. On 1 July 2021 wage theft became a crime in Victoria. The Wage Theft Bill 2020 creates new employee entitlement offences, comprising wage theft offences and new record keeping offences. It is designed to capture employers who falsify or fail to keep records for […]
26/09/2020
For the fourth year, ShineWing Australia is proud to be part of the conversation at the IMARC in 2020, taking the lead on sustainable and equitable futures by sponsoring the Renewables and Future Energy sessions. Following our recent Energy:Future event, which saw senior industry leaders and technology experts come together to discuss Australia’s future energy […]