Mixed response to RBA rate rise
There has been a mixed response from employer and industry groups to the Reserve Bank’s rate rise yesterday.
READ MOREPayments system review proposes new role and powers for federal Treasurer
A report on Australia’s payment processing systems has advocated the introduction of new powers that would allow the federal Treasurer to influence tech giants like Apple and Google in the name of national interest.
A formal review of Australia’s payment systems infrastructure has called for the Treasury to take on a more active leadership role within the sector.
Read more at Investor Daily.
Previous
How Australia could avoid a recession even if lockdowns remain
Next
Ongoing job losses spur renewed calls for national wage subsidy
Accountants to decline ‘capacity to repay’ requests
Several accountancy associations have advised members to decline requests to provide “capacity to repay”...
READ MORE
Heavy cryptocurrency exposure to attract auditor scrutiny
SMSFs with a significant exposure to cyrptocurrency assets are likely to be viewed as high risk at audit time...
READ MORE