ATO and United States to share bank information

Is your Information Being Shared? The ATO has recently declared it has undertaken its first automatic sharing of bank information with the US Internal Revenue Service (IRS). This has resulted in over 30,000 financial accounts worth over $5 billion being provided to...

Board Minutes: What you Need to Know

Are hard copies of board minutes required to be kept? Nowadays, with all the technological advances many are asking whether companies can keep records of minutes electronically (e.g. PDF version). According to section 251A(1) of the Corporations Act 2001 (‘the Act’),...

Director Liability: Failing to Pay Super

There is an increasing amount of employees, especially those closing in on retirement, looking to salary sacrifice part of their wages to superannuation. Usually this is done to not only increase their retirement funds, but to also take advantage of taxation...

Workplace Bullying

Workplace bullying is repeated and unreasonable behavior directed towards a worker or a group of workers that creates a risk to health and safety. Such behaviour is highly destructive and can cause emotional distress that is potentially detrimental to achieving...