PR Newsletter - Federal Budget edition
May 27, 2024
May is Federal Budget time
The Federal Budget was handed down on 14 May 2024 and there was the usual hurly burly of commentary that went with it - notably, the $300 power bill rebate drew much attention. Inflationary effects of the budget (or not) were also hotly debated.
This newsletter doesn't deep dive into those issues, but it does touch on a few things that didn't hit the headlines.
From 1 July 2027 new laws will require companies to provide director IDs to ASIC when updating company details
Banks under pressure from ASIC after a recent review of Mortgage Offset accounts
The Federal Budget introduced several significant tax proposals which may impact the taxation of your investments and the structure you use to conduct your business or hold assets
unsolicited annual company review and business name registration notices being sent to companies - please ignore but contact us
Intuit QuickbooksOnline (QBO) - upgrading all customers to Open Banking Bank Feeds
An evening where guests heard insightful commentary on topics such as wealth creation & tax planning
