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Recent Banks Group News

What is Superstream?

April 11, 2014

SuperStream is a government reform aimed at improving the efficiency of the superannuation system. New data standards which are part of the SuperStream reform require superannuation funds to accept employer contributions and other information from employers electronically. These new data …

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The tradition continues… Banks Group Charitable Foundation Golf Day 2014 LockĀ in Tuesday 18th November, 2014 in your calendars for what will be another sell out event! Keep checking the website for upcoming details, stay tuned… Banks Group

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Marriage, Divorce……….and Division 7A

The ATO recently released draft tax ruling TR 2013/D6 in relation to transfers of assets and cash by private companies stemming from matrimonial settlements. Not surprisingly, the ATO conclude in the draft ruling that where an order is made which …

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Liability limited by a scheme approved under Professional Standards Legislation

Banks Group is an association of independent firms that operate in both Melbourne and Sydney under the same trading name. Neither the Melbourne Banks Group firm or the Sydney Banks Group firm are partners or agents of each other and shall not be liable for any act or omission of each other.