Company Review Payments & Business Registrations

We want to alert businesses to a concerning practice that is currently circulating. If you have received a letter that appears to be an official invoice or notice requiring payment to maintain your business registration, please exercise caution. These letter are NOT government-issued bills. They are often marketing materials designed to closely resemble official correspondence.…

New Anti-Money Laundering (AML) and Counter-Terrorism Financing Laws (CTF) commencing 01.07.2026 via Austrac

Key changes under the laws for the accounting profession, amongst others. The changes impact high-risk services and current reporting entities. Regulation of high-risk services The new laws will expand our regulation into new industries that are recognised domestically and globally as high-risk for criminal exploitation. This includes certain designated services that are typically provided by the following businesses (newly…

Payday Super commences from 01.07.2026

Payday Super requires employers to pay employees’ superannuation at the same time they pay their wages. Contributions must reach the employee’s fund within seven business days of payday. This replaces the old system, which only required employers to make super payments quarterly. For Employees Better visibility: You can track your super balance on a regular…