We are proud to announce the opening of our new Longreach office, marking an exciting return to where our firm’s story began more than 40 years ago.
Received a business name renewal or annual company review notice? Before making a payment, ensure you know the difference between official ASIC correspondence and third-party marketing material.
PAYG instalments don’t have to catch you off guard each quarter. When managed effectively, they support more consistent cash flow and help businesses stay on top of their tax obligations throughout the year.
ASIC is intensifying its scrutiny of AFSL holders, signalling a clear shift towards proactive compliance. With stronger enforcement activity, increased focus on cyber resilience, and closer examination of financial requirements, businesses must ensure their controls, documentation, and risk management frameworks are robust and forward-looking. Organisations that act early will be better positioned to manage regulatory risk and support long-term resilience.
2026–27 Federal Budget Highlights The Federal Treasurer, Dr Jim Chalmers, handed down the 2026–27 Federal Budget at 7:30pm (AEST) on 12 May 2026. Details of the highly anticipated initiatives which are slated to improve housing affordability have emerged.
This edition of the Corporate Advisor highlights ASIC’s enduring focus areas, new enforcement priorities, mandatory climate-related disclosures, governance developments, and emerging compliance risks, alongside practical guidance to help organisations navigate an increasingly complex reporting and regulatory landscape.
As of 1 July 2026, all employers will be required to pay superannuation to their employees on the same day as they pay their wages. This is a significant change for employers and their superannuation obligations.
Tax planning is not a last minute exercise. It is about being prepared before 30 June locks in your outcome. Businesses that plan ahead have more options, fewer surprises, and better control over cash flow and tax liabilities. With up to date accounts and a clear view of what is ahead, tax planning becomes a proactive way to improve your position rather than simply reporting the result.
ASIC is increasing enforcement in 2026 as many large proprietary companies remain non‑compliant with audit and lodgement obligations following the removal of grandfathering exemptions. Recent ASIC reviews found significant failures to lodge audited financial reports, prompting a stronger regulatory response. Companies are urged to review their reporting status and address any non‑compliance promptly.
Queensland primary producers may be eligible for funding of up to $50,000 to invest in permanent infrastructure that improves drought preparedness. Drought Preparedness Grants, administered by QRIDA, support proactive measures aligned with a Farm Business Resilience Plan and remain open until funding is exhausted.
