Business

Business

Cash flow analysis key to small business restructuring

Directors using the scheme will need cash flow forecasts, and accountants are primed to provide them, according to a...

14 May 2024 • By Malavika Santhebennur

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Business

Senate committee gives $3m super tax bill the green light

The draft of the $3 million super tax legislation remains unchanged and will include the taxing of unrealised gains...

10 May 2024 • By keeli cambourne

Business

ATO urges professional firms to clean up distribution statements

Grant Thornton partner Paul Banister says the Tax Office’s most recent update suggests it is not getting the...

09 May 2024 • By Nick Wilson

Business

Coalition will oppose increase to sophisticated investor thresholds: Senator...

Shadow finance minister Jane Hume has expressed concern over Labor's proposed policies, which she believes will...

08 May 2024 • By Maja Garaca Djurdjevic

Business

ATO issues reminder on upcoming changes for trust tax returns

The ATO has outlined what types of information beneficiaries should be given to help them comply with their obligations.

08 May 2024 • By Miranda Brownlee

Business

Ageing business owners and rising insolvencies ‘creating perfect storm’

RSM Australia has urged the government to address issues threatening the sustainability of Australia’s small business...

08 May 2024 • By Miranda Brownlee

Business

ASBFEO to be given additional powers in franchising reforms

The Australian Small Business and Family Enterprise Ombudsman will have the power to name and shame franchisors who...

08 May 2024 • By Miranda Brownlee

Business

RBA unlikely to change course until next year, economists predict

The Reserve Bank is expected to keep rates on hold until next year in order to retain strength in the labour market...

08 May 2024 • By Miranda Brownlee