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Timeline PhotosDoes your organisation use its commercial contracts to support a culture of safety and compliance? Are you ready for the new WHS Act 2020 to come into effect?WA's Workplace Health and Safety Act passed the WA Parliament in November 2020. It will come into effect when the regulations are drafted later this year, bringing WA's WHS system closer to harmony with other Australian states. The new law also introduces some additional duties for businesses and their managers, and the new offence of "industrial manslaughter".In this article I summarise some of the changes and talk about the lessons that WA businesses can learn from Australia's first industrial manslaughter case, that came before the Supreme Court of Queensland last year:www.soundlegal.com.au/whs-act-2020-wa-lessons-learned-from-australias-first-industrial-manslaught...#construction #engineering #consulting #riskmanagement #safety #culturechange #contractisnotadirtyword ... See MoreSee Less

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AstroTax

2 days ago

Fortunately we are rarely asked to sign these "ability to repay loan" certificates as we do not wish to offend by refusing, however this article highlights the very real risks for accountants in doing so.If your broker or agent suggests this pathway, please get in touch as it's likely what you need is alternative advice regarding your financial situation, not a certificate.www.accountantsdaily.com.au/business/15586-extremely-risky-bank-request-on-the-rise-accountants-w... ... See MoreSee Less

‘Extremely risky’ bank request on the rise, accountants warned

www.accountantsdaily.com.au

Accountants are increasingly being pressured to provide capacity to repay statements, as real estate agents and landlords join the banks in shifting credit assessment risk amid a booming property market.

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