Reducing financial red tape for WA’s incorporated associations
UPDATE: The new regulations are now in place, having been approved by Executive Council and published in the Government Gazette on 12 August 2022.
- Financial reporting thresholds increased to lessen the cost of compliance
- Regulation changes to provide consistency between WA and national rules
- Changes in response to feedback from sector consultations
New regulations will be put in place by the State Government that aim to reduce the red tape burden for WA’s incorporated associations with financial reporting thresholds to be increased.