With recommendations from the Hayne royal commission and inquiry into superannuation yet to be addressed, CPA Australia's general manager of external affairs, Paul Drum, claims that members have grown quite sceptical of reviews. Paul returns to Accountants Daily Insider with host Jotham Lian to outline some of the issues raised by members around the current reviews into retirement income and aged care, CPA's perspective on raising superannuation guarantee contributions to 12 per cent, and how practitioners should go about dealing with all of this change. Paul also provides his take on industry anxiety around myGovID, details CPA's pre-budget submission to help those affected by bushfires and drought, and explains the implications of these businesses not having access to financial guidance on the economy at large.
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