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Monthly Archives: March 2015

International Money Transfers

Posted on March 25, 2015 by Cathy

Financial Services advise that it is now possible to send International Money Transfers in the following currencies: Chinese Renminbi (CNY) Malaysian Ringgit (MYR) Indonesian Rupiah (IDR) Although it’s now possible to send these currencies, they are processed manually within Financial Services and there is specific information that needs to be provided before a payment can […]

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Strategic Procurement at the UoA

Posted on March 18, 2015 by Cathy

In support of the initiatives within the Beacon, we are pleased to formally announce the appointment of Jamie Dunnicliff to the new position of Strategic Procurement Transformation Manager and Magda Hebert to the role of Strategic Procurement Business Analyst.  Both Jamie & Magda bring their own unique skill sets and University of Adelaide experience to […]

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Increase to FBT Rate – 1 April 2015

Posted on March 16, 2015 by Cathy

Due to legislation changes, a number of Fringe Benefits Tax (“FBT”) rates will increase with effect from 1 April 2015.  The information below summarises the rate increases for the 2016 FBT year (1 April 2015 – 31 March 2016). Rate Current FBT Rate Revised FBT Rate FBT Rate 47% 49% Type 1 Gross Up Rate 2.0802 2.1463 Type […]

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Foreign Exchange Risk Management Policy

Posted on March 12, 2015 by Cathy

The Foreign Exchange Risk Management Policy can now be viewed online by University Staff. The purpose of this policy is to manage the University’s foreign currency exposures, with the objective of minimising the effects of fluctuations in foreign exchange rates on the University’s financial position without exposing the University to speculative risks. If you have […]

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Update to Chart of Accounts – March 2015

Posted on March 2, 2015 by Cathy

An updated version of the Chart of Accounts (COA) can be viewed on the Financial Services Website under the General Documentation tab.  Track the changes from the last version by referring to the Chart of Accounts Change History. If you have any queries, please contact Julianne Simpson on x33414.

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