APRA Moves to Tighten Prudential Oversight Over Financiers and Religious and Charitable Funds Operators

In a discussion paper released by APRA late last month, a number of proposals are made that affect current exemption orders for Registered Financial Corporations ("RFCs") and some Religious Charitable Development Funds ("RCDFs"), ...

Read More →

What’s in a Name? The New Definition of Charity

On 8 April the government commenced public consultation on exposure draft legislation for a statutory definition of charity. The definition is contained in the Charities Bill 2013 and is expected to commence on 1 January 2014.�...

Read More →

The Australian Charities and Not-for-Profits Commission (ACNC) Gets Some Grunt

For many in the charities sector, the actual transition to the ACNC and its register has been straightforward. "What was all the fuss about?" you might even say. Well, there is about to be "fuss" as charities are soon required to...

Read More →

Discussion Paper Released on Tax Concessions for Not-for-Profits

Recently, the not-for-profit sector Tax Concession Working Group ("Working Group") released a discussion paper, "Fairer, simpler and more effective concessions for the not-for-profit sector" to stimulate debate and feedback on the...

Read More →

Australian Charities and Not-for-Profits Commission Set to be a Reality

The Australian Charities and Not-for-Profits Commission (“ACNC”) now looks likely to commence operation in early December 2012 with the Australian Charities and Not-for-profits Commission Bill 2012 (“Bill”) passed in the S...

Read More →

Magic Pudding – the ACNC’s Implementation Report

On 12 June, the Australian Charities and Not-for-Profits Commission Implementation Taskforce released its Implementation Report, setting out the ACNC’s regulatory approach in five key action areas. These five areas are. These...

Read More →
1 2 3 4