Review of the CATSI Act
Dan Wade • February 23, 2020
REVIEW OF THE CATSI ACT
Minister for Indigenous Australians Ken Wyatt has announced a comprehensive review into the Corporations (Aboriginal and Torres Strait Islander) Act 2006 to ensure it is still fit for purpose and that it continues to support more than 3000 indigenous corporations.
The review will be led by the National Indigenous Australians Agency and is expected to be completed by 30 November 2021.
(Image credit: NIAA )
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.