Media Releases
View what we have to say about topics of interest to our members and the accounting profession.
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CLOSE TO $900 MILLION IN UNBILLED HOURS INVESTED IN MANAGING GOVERNMENT PANDEMIC SUPPORT
Lockdowns and trading restrictions left many SME clients in financial difficulties and unable to pay for the increased support.
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Accountants grateful but baffled by inequitable ASIC fee relief
Australia’s professional accounting bodies are grateful for the temporary ASIC fee relief for financial advisers announced today by the Federal Government.
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SIMPLIFY FINANCIAL CRIME REPORTING, SAY ACCOUNTANTS
The Institute of Public Accountants (IPA) has urged the Federal Government to consider a simplified and more efficient version of its anti-money laundering compliance regime, saying proposed aspects, such as identity checks, are already in place, and can be easily replicated and aligned across the sector.
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Compensation scheme of last resort may be last straw for financial advice industry
Eight of Australia’s largest financial advice industry associations have united to oppose the design of the compensation scheme of last resort, contained in draft legislation released for public consultation.
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Are you feeling lucky: Tax Time 2021 LODGE EARLY AT YOUR PERIL
The Institute of Public Accountants (IPA) is issuing a caution to people planning on jumping in too early with this year’s tax returns.
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PEARSON AND INSTITUTE OF PUBLIC ACCOUNTANTS SIGN MOU
In the spirit of educational excellence and collaboration, the Institute of Public Accountants (IPA) and Pearson Asia Pacific have signed a memorandum of understanding (MoU) at IPA’s headquarters in Melbourne to recognise BTEC Business students and graduates as IPA members.
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BUDGET CASH SPLASH: RECOVERY MUST TAKE PRIORITY
The Institute of Public Accountants (IPA) acknowledges that tonight’s Federal Budget is an essential part of Australia’s recovery process but warns of side-effects that will hamper efforts in the longer term.
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SHAMEFUL ASIC FEE INCREASE WARRANTS IMMEDIATE REVIEW
Five of Australia’s largest financial advice industry associations have condemned an increase in financial adviser licence fees as “shameful” and called for an immediate review of the ASIC industry funding model.
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IPA: EXPAND EDUCATION DEDUCTION BUT WITH RIGHT INTEGRITY MEASURES
In its submission to the Treasury Discussion Paper (December 2020): ‘Education and training expense deductions for individuals’, the Institute of Public Accountants (IPA) has given whole-hearted support for the proposal.
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LIELETTE CALLEJA JOINS AAT AS CHIEF ACCOUNTING TECHNICIAN
The Institute of Public Accountants (IPA) is pleased to welcome Lielette Calleja in the role of chief accounting technician with Association of Accounting Technicians (AAT), which since midway in 2020 transitioned to be part of the IPA Group.