Australian Bureau of Statistics: www.abs.gov.au
Australian Business Register: www.business.gov.au
Australian Institute of Chartered Accountants: www.charteredaccountants.com.au
Australian Prudential Regulation Authority: www.apra.gov.au
Australian Securities and Investments Commission: www.asic.gov.au
Australian Stock Exchange: www.asx.com.au
Australian Taxation Office: www.ato.gov.au
Grange Wealth Planning: www.grangewp.financialwisdom.com.au
NSW Fair Trading: www.fairtrading.nsw.gov.au
NSW Office of State Revenue: www.osr.nsw.gov.au
Tax Institute of Australia: www.taxinstitute.com.au
ATO Warns Against Dividend Access Share Arrangements
On 12 July 2012, the Tax Office issued a Media Release and Taxpayer Alert warning against the use of dividend access share arrangements.
Loss Carry-Back Provisions for Companies
In May 2012 the Government announced a new initiative whereby businesses operating as companies would be offset past profits against current gains and obtain a refund for tax previously paid.
New Regulator for Charities and Not-for-Profit Organisations
The Commonwealth Government has announced that a new organisation is to be established to regulate charities, which will be known as the Australian Charities and Not-For-Profit Commission (ACNC).