Financial Services Notices
Effective immediately: closure of bank accounts with BankSA
Following transition of the University’s transactional banking to the Commonwealth Bank (CBA), effective immediately, the University has closed all of its bank accounts held with BankSA. Any payments sent to the old BankSA account will be rejected and returned to th...
Minor Updates to T&E Policy & Procedures & Credit Card Procedures
To address findings from a recent internal audit of travel and expenses, minor amendments have been made to the Travel and Entertainment Policy and Procedures and the Credit Card Procedures. In summary, the amendments are: Guidance on the role and responsibilities of...
Decrease to FBT Rate – 1 April 2017
Due to legislation changes, a number of Fringe Benefits Tax (“FBT”) rates have decreased with effect from 1 April 2017. Salary packaging arrangements will also need to be re-evaluated to have effect from 1 April 2017 and possibly adjusted to account for the change i...
To read the notices in full, visit our Finance Blog.