For Impact is HLB Mann Judd’s regular newsletter for the not for profit community.
In Issue 42 we address financial & sustainability reporting updates, ACNC activity, governance, wages underpayment, NDIS & Aged Care
A summary of the key points:
ACNC
- Transitional reporting arrangements extended
The Australian Charities and Not-for-profits Commission has extended its transitional reporting arrangements for some charities.
Governance
- ACL fined $5.8m for data breach
The Federal Court has fined Australian Clinical Labs $5.8 million in civil penalties following a data breach by its Medlab Pathology in February 2022.
Financial Reporting
- Feedback sought on simplified-disclosure review
The Australian Accounting Standards Board is conducting post implementation reviews of AASB 1060 Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities and AASB 2020-2 Removal of Special Purpose Financial Statements for Certain For-Profit Private Sector Entities.
Sustainability Reporting
- AASB helps with climate change disclosures
The AASB has released Proportionality Mechanisms, a guide to using them in AASB S2 Climate Change Disclosures.
Wages Underpayment
- FWO inquires into disability support services
The Fair Work Ombudsman (FWO) has launched an inquiry into compliance with workplace laws in the disability support services sector.
NDIS
- NDIS Commission to clamp down on unregistered providers
A reduction in the use of restrictive practices and improved management of high risk health concerns were among key priorities for the NDIS Quality and Safeguards Commission in 2025–26.
Aged Care
- Aged-care commission revokes provider status
The Aged Care Quality and Safety Commission has issued a notice to revoke the approved provider status of NDN Care Services Pty Ltd, the provider of residential aged care service Della Dale Aged Care of Ringwood, Victoria.