From 1 July 2012, businesses in the building and construction industry will need to report to the Australian Tax Office (ATO) payments made to contractors who carry out building and construction work.
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On 30 January 2012, a new national law governing the creation, enforcement and priority of security interests in personal property, like leases over motor vehicles commenced.
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From 1 January 2012, it will be an offence for businesses to give a consumer an express warranty for goods or services that does not comply with Regulation 90 of the Competition & Consumer Regulations.
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An overview of the HIA policy on carbon tax and member Q&A. Outline of HIA participation in a new industry alliance against the carbon tax.
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The Federal Government’s plans to introduce a carbon pricing mechanism will impact across the entire Australian economy. The residential building industry will be affected more than most.
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Overview of the audit campaign the ABCC will be undertaking over the next 12 months for industrial relations within the building industry, including sham contracting.
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A recent member concern was raised regarding the provision of quoting for projects free of charge and the impact that this practice can have on a businesses cash flow. This is particularly an issue where a business produces detailed plans, and incurs considerable cost, in producing the quote.
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A national licensing system will commence by building and building related occupations in July 2013. The NLS will provide nationally consistent occupational and contractor licences. Here is an update on the development of the NLS
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It is not always clear whether a worker is an employee or a contractor. HIA has prepared a Guide to assist you in answering this question and assessing the status of your workers.
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A company may now pay a dividend other than out of profits provided certain requirements are met. The changes may permit, for example, start up company or a company impacted by non-cash expenses, to pay a dividend.
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Federal Parliament has recently made some changes to the Bankruptcy Act. Here, is a summary of the main changes and what they might mean for your business
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