20/08/2025 Do you understand your company’s reporting obligations? It can be confusing, trying to understand whether to report company information to the Australian Charities and Not-for-profit Commission (ACNC) or to the Australian Securities and Information Commission (ASIC). Changes to the reporting regimes have been made in an attempt to simplify the regulatory requirements, in particular …
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23/07/2025 In 2023 ASIC commenced proceedings against TerraCom and some of its officers for, amongst other things, contraventions of the whistleblower protection scheme in relation to whistleblower disclosures made by a previous employee. The proceedings against TerraCom were the first commenced by ASIC under the expanded corporate whistleblower protection scheme contained in the Corporations Act …
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26/06/2025 To meet their ACNC reporting obligations, charities whose financial year operates on a calendar year (1 January to 31 December) are required to submit their 2024 Annual Information Statement (AIS) by 30 June 2025. What is required? All charities must complete reporting on financial questions. Medium charities (revenue between $500,000 and $2,999,999) must also submit …
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16/06/2025 From 1 September 2025 and 1 January 2026, a number of important updates to the National Quality Framework will take effect to sharpen the focus on child safety and online protection in education and care settings. The Federal Government has announced these reforms in response to recommendations from the national child safety review. The …
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On 4 February 2025 the Government released the Government response to the Statutory Review of the Meetings and Documents Amendments, 4 February 2025’ (the Government response). In short there is support from the Panel and from the Government for the continuation of flexible meeting arrangements for most unlisted companies and associations.
From 1 July 2024 (for the previous financial year), certain not-for-profits will be required to lodge a self-review return regarding their income tax exempt status with the Australian Taxation Office.
To meet their ACNC reporting obligations, charities whose financial year operates on a calendar year (1 January to 31 December) are required to submit their 2023 Annual Information Statement (AIS) by 30 June 2024.
If the Privacy Act 1988 (Cth) applies to your organisation, these three facts should help focus you on your organisation’s compliance. If you are unsure if your organisation is subject to the Privacy Act, please contact us for advice.
To be registered as a charity, an organisation must have a charitable purpose or purposes. Charitable purpose has a legal definition, which is found in the Charities Act 2013 (Cth), and there are twelve different charitable purposes. In January 2024, the ACNC published the key factors it will consider in determining an organisation’s eligibility to …
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07/04/2025 From 1 January 2024, there is a new process for not-for-profit (NFP) organisations wishing to apply for deductible gift recipient endorsement (DGR) from the Australian government. This change is designed to streamline the administration and review of DGR eligibility. DGR endorsement means that donations received by the NFP to support its organisation may be …
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