It seems likely that given the damage caused by the bushfire issues in Australia and their impact on GDP that the RBA will cut interest rates by a further 25 basis points in their February meeting.
It will come as no surprise that the ATO is data matching with Australian Insurance Companies looking for high valued items such as luxury vehicles, yachts, thoroughbred horses, fine art and aircraft and matching their ownership with ATO records.
Workplace Health and Safety (WHS) or OH & S as it is more commonly known is a major issue for management. Full compliance with WHS laws and regulations is essential to avoid significant penalties.
Superannuation Guarantee was introduced by the Federal Government in 1991 initially with a charge of 3% on all eligible wages and subsequently increased in various stages to its current level of 9.5% of ordinary time earnings.