Bingo boost
Dan Wade • September 23, 2020
Bingo boost
Effective from 1 July, the NSW Community Gaming Act 2018 and Community Gaming Regulation 2020 has replaced the Lotteries and Art Unions Act.
The legislation covers low-risk games involving an element of chance played for charitable, social, not-for-profit and trade-promotion purposes, such as art unions, lotteries, sweeps, club bingo, and raffles.
Key changes include:
- Replacing activity-based permits with duration-based authorities (one, three, and five years)
- Increasing thresholds to require only gaming activities with high total prize values to hold an authority
- Removing the cap on ticket prices for permitted gaming activities
- Introducing a less prescriptive 'rules' scheme that allows operators to set their own conditions for gaming activities
- Prescribing general fairness and accountability provisions that require operators to conduct gaming activities with integrity, and
- Introduction of penalty infringement notice offences when the laws are not followed.
When profit feels tight, many businesses jump straight to chasing more revenue. Growth matters, but so does the quality of each dollar you keep. A practical way to improve your profit and loss (P&L) without disrupting sales is to take a fresh, focused look at your overheads .
The halfway mark is the perfect moment to pause, review, and reset. A calm, honest look at the first six months helps you protect profit, steady cash flow, and focus your team on what matters for the rest of the year. Think of it as a service for your business: check the gauges, make small adjustments, and keep moving confidently.
If you’re closing over Christmas/New Year, a little prep now means you can actually switch off, and reopen without a scramble. Use this simple plan to line things up before you lock the door, and to be ready for the first week back.
Getting the “employee vs contractor” call wrong can be expensive. It affects how you pay people, what taxes and super you owe, your workers comp and payroll tax, and your risk if the ATO or Fair Work take a closer look. Here’s a practical guide to the key differences, the hidden traps, and how a diligent accountant helps you stay on the right side of the rules.
What You Need to Know and Do
From 1 July 2025 , interest charges applied by the Australian Taxation Office (ATO) are no longer tax deductible .
What These Changes Mean for Your Business – and How to Prepare Now
What do I want next year to look like - and how much profit do I want to make?
What the New Super Changes Mean for Your Business
We’re now over halfway through the financial year, making it the perfect time to pause and assess how your business is tracking.