Header graphic for print
Charities & Not-For-Profits Law in Australia

Monthly Archives: May 2013

Impact of the Federal Budget on Australian Charities

Posted in Compliance, Governance, Tax Exemptions & DGR Status

Summary – The Federal budget which was delivered on 14 May 2013 contained the following announcements that relate particularly to charities and not-for-profit organisations:   Not-for-profit sector reforms — introducing a statutory definition of ‘charity’ Statutory definition of charity Revenue ($m) 2012/2013 2013/2014 2014/2015 2015/2016 2016/2017 Australian Taxation Office – * * * *   The Federal budget… Continue Reading

Update: Local Councils, Church, Charities and Not-For-Profit Groups to vote on settlement proposal relating to failed investment bank, Lehman Brothers

Posted in General, Liability & Risk

Summary – Update:  Local Councils, Church, Charities and Not-For-Profit Groups who purchased complex financial products from Lehman Brothers are set to vote on a settlement proposal to get up to half their money back from liquidators of the failed investment bank. You may recall we posted a blog article in October 2012 titled “Lehman Brothers class action… Continue Reading