Ombudsman calls for small business to act before super amnesty ends

- July 27, 2020 < 1 MIN READ

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is reminding small businesses they have until September 7, 2020, to declare any errors in superannuation payments to staff, without facing harsh penalties. “This applies to the superannuation guarantee amnesty legislation passed from 1 July 1992 to 31 March 2018,” Ms Carnell says. “Small businesses… Read more »


Joint body aims to provide simplified advice around super and stimulus packages

- April 14, 2020 2 MIN READ

CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ), SMSF Association (SMSFA), Financial Planning Association (FPA) and Institute of Public Accountants (IPA) have joined forces to ensure Australians can get the advice they need to understand the Federal Government’s COVID-19 economic packages, including early access to their superannuation. Thanks to a decision handed down… Read more »


Accessing super funds should be a last resort

- March 24, 2020 2 MIN READ

“Members should tread carefully and only think about cracking open their super after they’ve taken up the extra cash support on offer from the government,” advises Industry Super Australia CEO Bernie Dean in response to the governments’ announcement that people could access super funds during the coronavirus crisis. “Super should be the last resort, given… Read more »


The news you need to know: September 12 2019

- September 11, 2019 2 MIN READ

Skipped today’s headlines? Don’t stress. Catch up on all the news that matters to small business owners. Here’s what you need to know on  Thursday, September 12, 2019. ATO to go after super nonpayers The ATO has announced plans to go after 25,000 employers that are failing to pay their employees super. However, Industry Super… Read more »


The news you need to know: September 9 2019

- September 8, 2019 2 MIN READ

Missed out on today’s headlines? Never fear. Catch up on all the news you need to know that affects small business owners. Here’s what you need to know on Monday, September 9 2019. Westpac and BT Life hit by super scandal Two of Australia’s biggest super funds, Westpac Life and BT are being taken to… Read more »