Business
Tax-dodging director barred from managing companies
A failure to pay taxes and allowing a company to trade while insolvent have resulted in a sole director being disqualified from managing companies for five years.
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SMEs to receive rent waivers, deferrals
Small and medium businesses will now be granted rental waivers and deferrals under a mandatory Code of Conduct unveiled by Prime Minister Scott Morrison.
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ASIC slaps permanent ban on former adviser
A former adviser will now be permanently banned from financial services and credit activities following his conviction of theft of clients’ SMSF funds.
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RBA reveals April cash rate call
The Reserve Bank of Australia (RBA) has announced its decision on the official cash rate for April following a rare out-of-cycle cash rate reduction in March.
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Former FCA jailed for 10 years
A former Fellow Chartered Accountant has now been sentenced to 10 years in jail after pleading guilty to deceiving clients in the use of their SMSF money.
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PwC slashes pay, hours by up to 40%
PwC partners and staff are set to see a reduction in working hours and pay as the firm remains committed to putting off redundancies during the coronavirus-induced downtu...
NSW businesses set for $10k grant
New South Wales small businesses will soon be able to receive up to $10,000 to visit their accountant and pay for overheads as the state government throws out an addition...
COVID-19 business confidence survey launches
A new monthly business confidence survey has launched today, seeking to uncover the impacts of COVID-19 on Australian businesses and their employees.
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‘We too have to make tough calls’: KPMG lays off 200 staff, mandates pay cuts
KPMG will part with 200 staff and ask employees to take up to a 20 per cent pay cut as the firm looks to deal with the impact of COVID-19.
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Treasury hands commissioner discretion to determine JobKeeper eligibility
The Commissioner of Taxation will now be given discretion to establish eligibility for the new JobKeeper payment as Treasury updates the reduction in turnover test.
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