Media Releases
View what we have to say about topics of interest to our members and the accounting profession.
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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.
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SBCGT reform – allow more taxpayers in but introduce a cap
Whilst we wait for much needed holistic tax reform, we need to make some urgent adjustments to some of the existing concessions to make them sustainable. Small business capital gains tax (SBCGT) concessions need urgent reform.
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JOBKEEPER AND CASHFLOW ELIGIBILITY ANOMALIES TO BE ADDRESSED
While the ATO has done a fantastic job in its administration of the Government’s stimulus packages, a small number of entities may have wrongfully missed out.
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CONSULTATION: IMPROVING TECHNOLOGY NEUTRALITY OF TREASURY PORTFOLIO LAWS
The Institute of Public Accountants (IPA) chief executive officer, Andrew Conway says modernising business communication is a key driver of Australia’s future economic growth.
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IPA WELCOMES INSURANCE INQUIRY REPORT
The Insurance Inquiry report released by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has been welcomed by the Institute of Public Accountants (IPA), noting there is still much to be done.
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IPA WELCOMES FINANCIAL ADVICE REFORMS BUT MORE STILL NEEDED
“The Institute of Public Accountants (IPA) continues to advocate for consumer access to competent and affordable financial advice, and accordingly we welcome the recent round of reforms to the sector,” said IPA chief executive officer, Andrew Conway.
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IPA BOARD ELECTS NEW PRESIDENT: JULIE WILLIAMS
Ms Williams is an experienced public practitioner and registered liquidator. Ms Williams brings a wealth of experience to the role having established her practice in 2006 and formerly, being a partner at PPB.
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PROPOSED CHANGE TO SIS REGULATIONS NOT SO TIMELY
A proposed amendment to the Superannuation Industry (Supervision) Regulations 1994, is an inherently blunt instrument that is likely to be ineffective, difficult to administer and is likely to unfairly punish the wrong people, according to the Institute of Public Accountants (IPA).