Tag Archives: Superannuation changes

New ASIC enforcement priorities 2024

With the end of the year fast approaching, ASIC has announced its enforcement priorities for 2024. While ASIC’s enduring priorities of market integrity, protecting financially vulnerable consumers, investigating misconduct impacting first nations people, investigating and preventing systemic failures and new or emerging conduct risks within the financial system continues to persist into 2024,...
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Does GST apply to crypto-assets?

As digital currency becomes more common-place in a business context both in terms of trading and using such assets for payment in Australia, one question that commonly arises for those businesses will no doubt be: does GST apply to crypto-assets? The answer, according to the ATO, depends on the context in which the...
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SMSF scheme: residential property purchase

With the never-ending increase in Australian house prices, many desperate home buyers are often turning to other, perhaps unconventional, means to secure housing, one such property scheme currently making the rounds involves the use of SMSFs and has caught the ATO’s attention. The scheme is classified as an illegal early release by the...
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