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New Pool Legislation 2015

The NSW State Government is introducing new swimming pool legislation aimed at reducing children drowning in backyard swimming pools. Currently, swimming pool owners are required to: 1. Register their pool on the Swimming Pool Register; and 2. Self-assess and state in the register that, to the best of their knowledge, their pool compl...

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2014-2015 Offical Budget Overview

To read the Offical 2014-2015 Budget overview issued click here.

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BAS time reminder

 It's BAS time again...

Information to us is required by: 14-02-2014,
Lodgement and Payment to ATO: 28-02-2014.

Any problems? Please contact your friendly team at Macmillans Waller Fry - Accountants
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RBA cuts rates to record low

The Reserve Bank has announced a cut in interest rates for the second time this year, resulting in the cash rate now standing at its lowest since 1959 of 2.5 per cent. RBA governor Glenn Stevens expected the Australian economy to continue to grow below trend in the near term as mining investment falls, and for inflation to remain consistent ...

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RBA Media Release

The Reserve Bank of Australia has today announced the decision not to change the cash rate of 2.75%. Follow the link below for the official media release.

http://www.rba.gov.au/media-releases/2013/mr-13-13.html

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Income Tax cuts in Federal Budget Benefiting high income earners

In its efforts to boost the economy, the Federal Government is considering bringing the planned income tax cuts forward. The intention behind these cuts is to boost the economy by boosting consumption. Initially, income tax cuts were to take place in three stages, the first of which has already b...
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Amnesty means that 24,000 businesses own up to underpaying Aussies superannuation

An amnesty scheme which ended earlier this month has caused around 24,000 businesses to admit to underpayment of their worker’s super. A total of 588 million dollars will be distributed to almost 400,00 individuals. The scheme, which covered payments from the introduction of super in 1992, ...
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