Media Releases

View what we have to say about topics of interest to our members and the accounting profession.

  • $3K TAX CAP: POLICY LOOKING FOR A PROBLEM

    By declaring tax deductions for accounting fees as a rort, Labor has not only attacked the accounting profession, it has attacked millions of hard working taxpayers who are doing the right thing in paying their fair share of taxation, says the Institute of Public Accountants (IPA).

  • HOLDING PATTERN FOR DIVISION 7A WELCOME

    The Government’s deferral of the start date for changes to Division 7A from 1 July 2019 to 1 July 2020, has been welcomed by the Institute of Public Accountants (IPA).

  • BUDGET 2019: WHAT IT MEANS FOR SMALL BUSINESS

    Some of Australia’s unincorporated small businesses may welcome the news of personal income tax cuts announced in tonight’s Federal Budget but many will not reap the benefit this year, says the Institute of Public Accountants (IPA).

  • CLOSE BUT NO CIGARS YET FOR INSTANT ASSET WRITE-OFF

    The increase from $20,000 to $30,000 for the instant asset write-off initiative along with a change in turnover threshold announced in tonight’s Federal Budget is welcomed but doesn’t go far enough, according to the Institute of Public Accountants (IPA).

  • ACCOUNTANTS IN POSITION TO HELP FILL ADVICE GAP

    The Hayne Royal Commission reinforced the importance of trust and seeking appropriate advice from professionals and this sentiment has been echoed by the ATO acknowledging there is a gap between ‘full financial advice and smaller matters’.

  • IPA DIGITAL CONTENT PLATFORM TAKES ON NEW DIMENSION

    The Institute of Public Accountants (IPA), in partnership with publishing and media firm, Momentum Connect, has transformed its digital hub into a world class, multijurisdictional content platform.

  • GOVERNMENT’S PROTECTING YOUR SUPER PACKAGE MUST PROGRESS

    The Coalition’s Protecting Your Super package has been stalled for far too long in the Senate and should be supported to help secure Australians’ retirement funding, according to the Institute of Public Accountants (IPA).

  • REGULATION MUST COME WITH ACCOUNTABILITY AND RESOURCES

    The Hayne Royal Commission’s recommendation to create a new independent ‘super regulatory’ body to oversee ASIC and APRA to drive accountabilities of the two regulatory bodies may have some merit but some fundamentals have to be addressed, says the Institute of Public Accountants (IPA).

  • STP BECOMES LAW FOR ALL EMPLOYERS – GET READY

    With legislation passing through Parliament today, employers with 19 or fewer employees will have to report under the Single Touch Payroll (STP) regime by 1 July 2019. Employers with 20 or more employees came under these reporting requirements as from 1 July 2018.