Overview of the Jobs and Skills Summit 2022
The Jobs and Skills Summit brought together Australians, including unions, employers, civil society, and governments to agree on immediate actions to help build a stronger economy and a stronger Australia.
The Albanese Government has agreed to 36 immediate initiatives, which are details here – https://www.pm.gov.au/media/outcomes-jobs-and-skills-summit
MYOB wrote a great summary of the Jobs Summit, which can be accessed at – https://www.myob.com/au/blog/jobs-and-skills-summit-2022-overview/
Trivia
Did you know that Australia was the first nation to develop the first polymer banknote? The polymer banknote was an initiative of the Reserve Bank and CSIRO and it was rolled out starting from 1992?
Quick Link
Compare current interest rates: https://www.canstar.com.au/interest-rate-comparison/
What IS a Valid Tax Receipt or Tax Invoice?
Last month we spoke of the Suspense Report.
But what IS a valid Tax Receipt / Tax invoice.
It is your responsibility to give these to your clients or Customers, and to receive these from your suppliers.
*Remember- any transactions remaining in this account at the End-of Financial-Year will be re-coded by us to your personal drawings account or Loan account. And may be counted towards your taxable income.
Read more about your responsibilities: Record Keeping.
A Girl Friday is experienced and Qualified to ensure your accounts comply to these requirements every day.
Star report ‘shines light on hostility to internal audits’
Damning findings against Star casino shine a light on the widespread problem of management hostility to unfavourable reports by internal auditors, their professional body said.But the hostile reaction by Star executives to a negative assessment by KPMG was a high-stakes game, the Institute of Internal Auditors said in the wake of the Bell report into the casino’s failings released on Wednesday (14 September).
“The main issue we would like to raise is that these problems are by no means unique to this particular organisation,” the chief executive of IIA, Peter Jones, said. “Similar failings were recognised by the Hayne Royal Commission (2018) and the Crown Inquiry (2021).
Read more…. here.
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It should not be taken as constituting professional advice.
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