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February Newsletter

DSPANZ News

Members Only Newsletter
If you're a DSPANZ member and you or someone in your team isn't receiving our member’s news, reach out to hello@dspanz.org. We'll ensure you're always in the loop with our important updates, special offers and exclusive members only newsletter!

DSPANZ Representation
Over the past month, we've represented DSPs in the following:

DAG Security Working Group
New Zealand Digital Advisory Group

Industry News

Stronger Requirements for eInvoicing in Aotearoa New Zealand
Last week, Minister for Small Business and Manufacturing, Hon Andrew Bayly, announced the Government’s intention to repeal the Business Payments Practices Act 2023 and pursue non-regulatory measures to improve payment times to small businesses - including eInvoicing. The Government is proposing the following:

Require government agencies to send and receive eInvoices
Introduce a 5 working day payment target for government agencies to pay eInvoices
Consult with larger Crown Entities on extending these eInvoice requirements and additional payment time targets to them
Publish government agency payment times

Read more about this exciting announcement for eInvoicing in New Zealand here.

Commissioner of Taxation’s Address to National Press Club 2024
On 21 February 2024, Commissioner of Taxation Chris Jordan AO addressed the National Press Club of Australia, reflecting on his journey over the past decade. The Commissioner highlighted the ATO’s transformation during this time and recognised the continuing challenges around fraud and cyber security threats. The speech concluded with optimism about the ATO’s future goals, including being fully digitalised by 2030. Check out the Commissioner’s full address here.

Employer Gender Pay Gaps Published
The Workplace Gender Equality Agency (WGEA) has published the gender pay gaps for Australian private sector employers with 100 or more employees for the first time. Take a look at employer gender quality results, including gender pay gaps and any accompanying Employer Statements, using WGEA’s Data Explorer and searching by employer. Learn more in their employer gender pay gap snapshot and the interactive webpage.

BASDA guide to accessibility and inclusive design
If you’re interested in making changes in your organisation or want to understand accessibility and inclusive design better, we highly recommend checking out BASDA’s guide to accessibility and inclusive design. It’s aimed at commercial and technical owners and those responsible for supporting and executing these strategies. Learn more and access the guide here.

Fair Work Legislation Amendment (Closing Loopholes No. 2) Bill Receives Royal Assent
The second part of the Closing Loopholes Bill received Royal Assent on 26 February. Find a summary of the changes impacting the Fair Work Commission from the Closing Loopholes Act 2023 and Closing Loopholes No. 2 Act 2024 here. Read more about the Closing Loopholes changes on the Department of Employment and Workplace Relation's website here.

OECD Tax and Development Days 2024
Join OECD for their Tax and Development Days 2024, which will take place from 12-13 March. Learn more about some of the OECD’s initiatives to strengthen tax capacity and improve tax policy and compliance in developing countries and explore future challenges. All sessions are virtual and open to the public. Learn more and register for sessions taking place over the two days here. Unable to attend? Don’t worry - replays of each session will be available a week after the event.

QBCC Minimum Financial Reporting Requirements
The Queensland Building and Construction Commission (QBCC) has announced changes to the Minimum Financial Reporting (MFR) Regulations allowing Category 1 to 3 licensees to prepare Special Purpose Financial Statements (SPFS). These changes apply to MFR reports for the quarter ending 31 December 2023 onwards. Read more about the changes and the Joint Accounting Bodies advocacy success here.

Events

Beyond Tomorrow, Presented by AP+

Australian Payments Plus presents its inaugural summit focused on payments and identity - Beyond Tomorrow on 13 March 2024 at the ICC Sydney. This year the theme is 'Inspiring trust in the digital economy'. AP+ will bring together an impressive line-up of experts and thought leaders from across payments and identity to explore the latest trends, future developments and brilliant thinking across our industry. Read more here.

Members Spotlight

Who are you?
Instinct Systems is an Australian based software developer of JobBag, an ERP solution specialising in businesses doing projects, jobs, campaigns. Since its release in 1987, JobBag has undergone continuous development.

What do you do?
Core features: Job Planning, Visual Planning, Timesheets, Freelancer Management, Talent/Agency Integration, .KPI Planning, Financial Management, Payroll including STP for streamlined processing, Foreign Currency Management, Divisions Management, Financial Reporting, Payments Management, Media Planning and Purchasing: Track progress against budget with automatic integration, Withholding Tax Handling on client and supplier invoices, especially for Asian countries.

Where are you located?
Sydney, Melbourne and Perth

Who can people contact for more information?
sales@jobbag.com

Until next time,
The Team at DSPANZ.