ABSIA's President and Chair, Chris Howard, delivered this President's Report at the 2020 Annual General Meeting held on 28 October. Find a full copy of this report here.

ABSIA recently submitted to the ACCC's CDR Rules Expansion Amendments consultation. Access a copy of this submission here.

Keep an eye out on ABSIA's policy page and on the for details about any upcoming submissions.

GNGB is working with PwC Australia to conduct this survey and develop a cybersecurity research report with the findings and recommended action plans for the industry. Your feedback combined with broader industry research, will be compiled into the report, to be shared in early 2021. 

Everyone in the Superannuation industry, or those providing services to the Superannuation industry is invited to complete the survey (including multiple respondents from the same organisation). The survey takes approximately 10 minutes and is available until 25 November 2020.

Take the survey here. 

Your responses will be confidential; personal details of survey participants or individual entity data will not be disclosed in the public results. 

Two survey respondents will be chosen at random and be given the opportunity to nominate a charity of their choice to receive a $100 donation in their name. 

The Payment Times Reporting Scheme (PTRS) is commencing on 1 January 2021.

The scheme will require large businesses with an annual income of over $100 million to report on their payment terms and practices for their small business suppliers. It will help create fast and fairer payment times for Australia's 3.5 million small businesses.

To help businesses understand their new reporting requirements and the various elements, the Department of Industry, Science, Energy and Resources have developed information and guidance material.
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