• Australia to implement altered privacy law from March 2014
  Are you aware of the modifications to Privacy Laws in Australia? A change to the privacy laws in Australia is likely come into force from March 21, 2014 providing a new definition of ‘personal information’.
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• Australia Amends Liability of Directors and Officers: Update International Expansion Services Team
  In order to simplify the process of imposing criminal liability on directors and managers of Australian Companies the Council of the Australian Governments (COAG) has decided, that all Australian jurisdictions will have a common code.
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• Australia Budget 2013-14: Fringe Benefits Tax Rate Increased, Scope of PAYG Extended and Proposed Income Tax Reductions Postpon
  The Australian government has released its budget for 2013 which targets savings to bring the budget back to surplus. With a budget that predicts a minor deficit next year and a surplus in 2015, Australia has made some positive assumptions, says Nair & Co.’s International Tax Consulting Team.
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