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Sydney auditors first to face criminal charges over audit failures In an Australian first, an audit firm and its director face criminal charges over the quality of their work in auditing collapsed financial services company Halifax Inves...
Cash flow woes still troubling 3 out of 4 businesses Cash flow concerns continue to dominate the minds of small business owners despite a considerable drop in those reporting such issues, new research shows. ...
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SMEs begin to feel pre-pandemic business pressures: MYOB While small business owners remain positive about the year ahead, many have grown concerned over cash flow and the cost of utilities, as the number of those struggling to...
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ATO reveals Business Portal retirement date The ATO will decommission its Business Portal in less than two months as it urges businesses to make the move to its new online service. ...
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Federal and state support packages criticised for leaving sole traders behind The $250 million Victorian business support package and federal COVID disaster payment announced last week have each attracted mounting criticism over eligibility criteri...
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G7 tax deal renews Australian company tax rate debate The Morrison government is facing renewed pressure to cut Australia’s company tax rate from 30 per cent after the Group of Seven (G7) on Sunday reached a historic agree...
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William Buck partner secures ARITA presidency The liquidation, restructuring, insolvency and turnaround professional peak body has appointed Michael Brereton as its new president for a two-year term as part of a majo...
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Sydney tax agent axed over JobKeeper fraud A Sydney tax agent has been banned for the maximum five-year period after allegedly claiming over $500,000 in JobKeeper payments and BAS refunds on behalf of unwitting cl...
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ASIC disqualifies director for insolvent trading A Sydney director whose companies owed creditors more than $3.1 million has been banned from managing companies for two years. ...
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Australians lose record $851m to scammers in 2020 Over $851 million was lost to scams last year — the biggest losses ever recorded in a single year — as scammers capitalised on the pandemic to defraud Australians. ...
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