The ATO is offering some assistance to drought affected tax payers which might be worth checking out – for example more time to pay, adjusting PAYG instalments etc. More information if available here, including a short video.
For companies with turnover above $25M trying to figure out their tax rate and how to frank dividends, the law meant to apply from 1/7/17 is still not law. The ATO has issued guidelines about what to do in the meantime which you can find here – read, enjoy and talk to us if you are still saying WTF (What to Frank ☺)