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JobKeeper: Treasurer Josh Frydenberg dodges review of JobKeeper waste

JobKeeper: Treasurer Josh Frydenberg dodges review of JobKeeper waste
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Will the new super changes be enough?

Apart from the astonishing revelations of bribery and corruption from day one of the hearings, the Royal Commission claimed the scalps of superannuation giants including AMP, famously caught for knowingly charging the deceased for life insurance that could never be collected. The fallout in the banking and superannuation industry has been big. Part of the government’s response was the Your Super, Your Future reforms in the 2020–2021 budget. While people are divided on the result, all agreed that reform itself was way overdue. Superannuation funds manage massive portfolios of collective assets and investments. They are driven by the compulsory superannuation scheme introduced by the Keating-led Labor government in the 1990s.

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Ex-Young Rich Lister Craig Gore loses fraud appeal

Ex-Young Rich Lister Craig Gore loses fraud appeal Share Craig Gore in his developer days. Paul Jones The 54-year-old, who once owned a race car team and shone briefly as a Gold Coast developer, had lawyers file an appeal against a verdict that found he had swindled investors in a debenture scheme. They included everyday Australians setting up self-managed superannuation funds who stumped up $345,000. But the Court of Appeal on Tuesday unanimously rejected his arguments. Gore was convicted in November on six counts of fraud by Brisbane District Court Justice Michael Byrne in a rare judge-only trial, following an Australian Securities and Investments Commission probe. The conviction related to loans Gore had procured after November 2013 from investors for a finance-property business.

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Tips to help your tax return sail through

Chartered accountant GAIL FREEMAN shares tips on how to help your tax return sail through. This is a sponsored post. THE 2021 tax season has started and, from interviews with some of her clients, chartered accountant Gail Freeman has noticed consistent mistakes. Here she offers hints to ensure your tax return doesn’t get held up at the Australian Taxation Office. Gail Freeman. Everyone, it seems, wants to claim 80 cents an hour for working at home this year. However, there are a few requirements to making this claim. Firstly, 80 cents an hour is all that can be claimed; no phone, no internet, no equipment. So it’s pointless providing receipts for other items if claiming the 80 cents an hour for working from home.

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Federal government could reprise cash flow scheme for businesses to save jobs

Federal government could reprise cash flow scheme for businesses to save jobs
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