Gender Inequality in Superannuation

Gender Inequality in Superannuation

Gender gaps can affect superannuation accounts as much as they can affect salary rates. With barriers to entering into fields, lower hourly rates of pay, less hours worked and more unpaid labour affecting the amount of super Australian women are retiring with, as compared to men. Currently, the median superannuation balance for men aged between…

Company Takeovers – Mergers Acquisitions

Company Takeovers – Mergers & Acquisitions

Did you know that Australia prides itself on maintaining a competitive business market? It does this through the use of specific legislation that limits the effect that some mergers or acquisitions of businesses may have on market competition. By maintaining a diverse market of businesses for services, products and goods, competition is improved and the…

Super For Contractors

Super For Contractors

Contractors who run their own business and sell their services to others have different obligations to their super than what employees in a business may usually have. A contractor (also known as an independent contractor, a subcontractor, or a subbie) who is paid wholly or principally for their labour is considered to be an employee…

Consequences Of Improperly Lodged Tax Returns

Consequences Of Improperly Lodged Tax Returns

With tax return season approaching quickly this year, you may have already started looking into lodging your income tax return. Ensuring that your details are correct and that any information about your earned income from the year is lodged is the responsibility of the taxpayer and their tax agent. However, if during this income tax…