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The ATO has now released Draft Taxation Ruling TR 2022/D1 Income Tax: Section 100A Reimbursement Agreements.
If you operate within a trust structure, it’s vital you know about this ruling. While it’s complex information, we will try to break it down for you as much as possible. Read on…
The meeting minutes for the RBA Monetary Policy Meeting of the Reserve Bank Board, 2 August 2022, have been released. Members noted some global supply chain pressures have eased and global input prices are easing. It’s indicated pressures on supply will reduce further as a result of interest rate rises. Headline inflation is expected to be around 7 ¾ per cent at the end of 2022.
The Australian Grains Industry Conference (AGIC) 2022 was held in Melbourne last week. Ukrainian Grain Association President Mykola Gorbachov shared an emotional speech labelling the movement of grain out of Ukraine as an ‘evacuation’ rather than an export agreement.
One of our local Esperance stud farmers David Milne, who owns Parmango farm, experienced FMD first-hand in Scotland in the 1960’s and feels that not enough is being done to protect our borders.
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