News

Dr Matthew Turnour, Mark Fowler & Rachel Sloper (14 January 2015) What’s next for the ACNC? Report on replacement consultation released The long-awaited report summarising feedback on July’s Australia’s Charities and Not-for-Profits Options Paper, which asked the sector for input on options for replacing the ACNC’s regulatory functions, was publicly released on 19 December 2014. […]

Mark Fowler (5 December 2014) This week the Commissioner of the Australian Charities and Not-for-profits Commission released an Interpretation Statement on the Provision of Housing by Charities (CIS 2014/02). As described by the Commissioner, the main issues addressed in the Interpretation Statement are: What charitable purposes may be fulfilled through the provision of housing? To

Mark Fowler & Tien Nguyen (28 November 2014) The Real Estate Institute of Queensland Limited and the Queensland Law Society Incorporated have approved the following contracts: Tenth Edition of the Contract for Houses and Residential Land; and Sixth Edition of the Contract for Residential Lots in a Community Titles Scheme. These new editions of the

Dr Matthew Turnour & Rachel Sloper (24 November 2014) No audit? No auditor…except for charities! The Federal Government has passed legislation repealing the anomalous requirement that an auditor has to be appointed even if an audit is not required (for example, a review was conducted instead), but failed to include charitable companies in the repeal.