July Newsletter

In a recent address to the National Press Club, Treasurer Jim Chalmers outlined the government's economic vision, placing tax reform at the centre of productivity and fiscal sustainability. In the address, the Treasurer noted the upcoming reform roundtable to be held in August, which will help shape the direction for long-term economic reform, and recognised broader opportunities to revisit structural reforms to support economic resilience. Read the full speech on the Treasury's website. 

The Australian Government is convening an Economic Reform Roundtable to unlock new ideas and build consensus around reforms. These reforms focus on 3 priority areas for the government: productivity, economic resilience and budget sustainability. The government is seeking views on priority reforms to consider as part of the Roundtable process, which focuses on the 3 priority areas. If you're interested in having your say, make a submission by Friday 25 July. 

Updated data extracts from the Modern Awards Pay Database have been published. You can download the extracts from the Modern Awards Pay Database page on the FWC website. The data extracts have been updated to incorporate all amendments arising from the Annual Wage Review 2025. These changes are operative from 1 July 2025. 

The Department of Home Affairs is undertaking a consultation on creating a voluntary Code of Practice for App Store Operators and App Developers. The government is looking to align an Australian Code of Practice with international best practice, including the UK's Code of Practice for app store operators and app developers. Read more in the discussion paper and ensure you provide feedback by Friday 11 July.

The ATO has published further draft documents as part of the Contribution standard v3.0 release, which will deliver enhancements to the current SuperStream standard. The new draft documents added include the updated Schedule 3 - Payment Methods and the accompanying guidance note. Head to the ATO's software developer website to read more and access the other draft documents. 

Inland Revenue has released their draft long-term insights briefing for feedback. This long-term insights briefing explores the implications of rising fiscal pressures for New Zealand's tax system and what changes could be made to enhance fiscal resilience. If you're interested in learning more, head to Inland Revenue's website. The closing date for feedback is Monday 1 September.

Who are you?
Layer Security. 

What do you do?
Layer Security software modules allow DSPs to directly interact with the ATO (SBR2) or Peppol (e-invoicing). Our products are small, fast, low-cost, and easy for DSPs to integrate into accounting, tax, payroll, superannuation, e-invoicing, and other business applications. 

For STP, running your own (internal) ebMS3 client maybe much cheaper (and more secure, private and controllable) than using an (external) SSP. 

For cloud-based applications (tax, super, e-invoicing), it may be cheaper and easier to incorporate our software modules because they are tiny (4MB), efficient (CPU, memory, disk) and fully supported with all the latest features and requirements (ATO, Peppol). 

All products are free for testing. 

Where are you located?
We are an all-Australian company based in Melbourne.

Who can people contact for more information?
Contact us or visit our website.