Media Releases

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

  • SG AMNESTY: ONE STEP CLOSER – LET’S GET ON WITH IT

    The Government’s proposed one off, twelve month amnesty for historical underpayment of Superannuation Guarantee (SG) to complement the sweeping SG integrity package has been passed by the House of Representatives. It now needs to go through the Senate and Australia needs to get on with it, according to the Institute of Public Accountants (IPA).

  • SMSF AUDIT CYCLE: MORE THAN ONE WAY TO SKIN A RABBIT

    The assertion that moving self-managed superannuation funds’ (SMSF) annual audits to a three-year cycle will reduce compliance costs for trustees may be flawed; or it could be a cost deferral at best, according to the Institute of Public Accountants (IPA).

  • UNLOVED SMALL BUSINESSES – NOT REALLY

    Small businesses have been recipients of favourable tax concessions in the Budget over the past few years, says the Institute of Public Accountants (IPA).

  • ADDRESSING TAX EROSION TO LOWER TAX BURDEN

    The measures announced in tonight’s Federal Budget to address the issues associated with the Black Economy will help sustain the tax cuts promised over the next few years, according to the Institute of Public Accountants (IPA).

  • THE ROLE OF ASIC: IS IT REVENUE OR ENFORCEMENT?

    There appears to be a disconnect between ASIC’s ability to raise revenue for government coffers and its capacity to do its actual job; that of regulation and enforcement, according to the Institute of Public Accountants (IPA).

  • REMOVAL OF INVESTOR LENDING BENCHMARK TO BE CAUTIONED, SAYS IPA

    The Australian Prudential Regulation Authority’s (APRA) plan to remove the investor lending benchmark and replace it with better practices and strengthened lending standards should be treated with some caution, according to the Institute of Public Accountants (IPA).