What's New @ Dewings?

A change to the Australian Banking Association's Code of Practice will finally put an end to the practice of its members asking accountants to certify the capacity of a business to repay borrowings. 

You can read the full version here.

It's almost time to wish you all a happy new financial year once again! And with that, as always, comes some changes to note, particularly for those in business.

You can read about the changes here.

The 2024-25 Federal Budget has been handed down by Treasurer Jim Chalmers.

You can read our summary here.

The Mid-Year Economic and Fiscal Outlook (MYEFO) has been released, and while there aren't usually a lot of headlines from these economic 'progress reports', there were a few announcements this time around that will affect some taxpayers.

You can read the full version here.

The Small Business Energy Incentive was announced earlier this year as a part of the Federal Budget. Despite the measure taking effect from 1st July 2023, legislation to enact the scheme is still currently before Parliament. 

You can read a summary of the scheme details here.