- Treasurer Michael Ferguson hands down first state budget
- Nominations for Tasmanian Young CA 2022 Award are open until 15 July
I hope you are all looking after yourselves during what can be a particularly busy time of year in our line of work.
There can be stressors around any corner now, and it’s important to take time out when you can to recharge and refresh.
For those of you lucky enough to reside in Hobart (no disrespect to our northern counterparts!), this might have included a visit to one of the many weird and wonderful events on as part of Dark Mofo over the past few weeks.
After last year’s event was run at a reduced scale with COVID restrictions, it was fantastic to see the streets once again bustling with visitors and activity during the depths of winter.
Whether you’re a fan of the nude swim (I’m certainly not that brave), enjoy sampling the local fare at the Winter Feast (more up my alley), or even if none of the events are quite your cup of tea, I’m sure you’ll agree the boost it brings to many businesses is worth the festival’s weight in gold – particularly after a difficult period for many in the visitor economy.
Speaking of the economy, last month I had the pleasure of joining a number of members to hear from new Treasurer Michael Ferguson after he handed down his first state budget.
It was interesting to note the Treasurer’s apparent openness to future tax reform as a way to negate rising debt and deficit.
At the time of the last budget in 2022-23, Tasmania recorded a deficit of $474.6 million, with the debt sitting at $2,994.0 million, and expected to reach more than $5.2 billion in 2025/26.
Reducing this debt and deficit will be key to ensuring intergenerational equity, and the Tasmanian Council in partnership with CA ANZ’s national government affairs team are working to ensure our voices are heard on this matter.
Other policy items on our agenda include streamlining and harmonising taxes to create more consistency between states and to reduce red tape and regulatory burden for businesses, as well as ensuring changes to foreign investor land tax and duty surcharges serve their intended legislative purpose.
The council is privileged to have regular engagement with Government, and we are always on the look out for ways to advocate on behalf of our membership. If there’s an issue affecting you that we might be able to help with, please get in touch with me or another councillor at [email protected]
Finally, I’d like to take this opportunity to call for nominations for the Tasmanian Young CA 2022 Award.
This award recognises young CAs who have made significant contributions to both the community and the profession, and is a fantastic launchpad for people to go on and achieve great things.
If you know a CA aged 35 or under (full criteria below) you think is deserving of recognition, please contact Regional Manager Andrew Quinlan before 15 July via email on [email protected] and he will action your nomination.
Until next time,
Mark Leis FCA
CA ANZ Tasmanian Council
Tasmanian Young CA 2022 Award selection criteria
A Young Regional Member (aged 35 or under on January 1, 2022), must demonstrate one or more of the Professional criteria AND one or more of the Community criteria to be selected.
Contributions to/impact on the Profession include:
- Participation on panels or committees
- Representing the profession by presenting at seminars and conferences
- Involvement in mentoring
- Being instrumental in recommending initiatives for or events targeted at young members
- Actively promoting Chartered Accounting as a career choice for students
Contributions to/impact in the Community include:
- Participation in a Not-For-Profit or social venture in a governance capacity
- Involvement in mentoring programs Volunteering their professional skills.
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