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OFX redesigns its global payments platform, allowing accountants ‘to focus on what matters most’
Global financial operations company OFX sees its role as completing the financial operations triangle, giving accountants and the SME businesses they advise the tools to ...
Are accountant-client relationships set to be redefined by AI?
Australian accounting firms are increasingly using AI not just to streamline back-office tasks, but to transform how they partner with clients through proactive insights,...
Finance director loses unfair dismissal case due to alleged lack of AASB expertise
A Melbourne-based finance director has failed to win his unfair dismissal case after the Fair Work Commission deemed it to be a genuine redundancy.
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‘The hot topic’: Tax debt interest now under Ombudsman’s microscope
The Tax Ombudsman is kicking off its investigation into tax debt interest and is encouraging the community to weigh in and have their say.
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Unreasonable director-related transactions: What accountants need to know
Liquidators have significant powers to pursue claims against ‘unreasonable director-related transactions’. While the legal onus of proof rests with them, accountants ...
Late payments a productivity drain for Aussie companies, survey finds
New research by bank payment company GoCardless has shown that late payments are creating cash flow issues for small and medium-sized enterprises, resulting in stress and...
‘Surrender rejected’: TPB denies tax agent’s attempt to quit
A tax agent attempting to make a surrender of registration request has been rejected by the Board Conduct Committee of the TPB.
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‘We’ve lost the plot’: Accountant slams first home buyer 5% deposit
An accountant has called the Albanese government’s first home buyer five per cent deposit scheme a destructive mechanism to personal wealth and national productivity.
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BlackLine launches purpose-built AI for CFOs
Nasdaq-listed tech provider BlackLine has unveiled Verity AI, intended to create a new digital workforce for chief financial officers.
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CAAA commences Qld expansion and $15m investment
The accounting and advisory firm has joined forces with EDR Accounting and Business Solutions, unveiling its $15 million investment and expansion in Queensland.
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Aussie businesses settle views on WFH mandate, says recruitment firm
As conversations and debate around changes to the work-from-home mandate continues to circle, new data has revealed most employers plan to keep their current mandates in ...
68% of accountants reject the idea of replacing workers with AI
New research has found accountants are willing to embrace new AI tools to help boost efficiency, yet are very much against the technology replacing staff.
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1 in 2 Aussies use professional services providers, with accountants leading the way
New research has found promising engagement of professional services among Australian consumers, with nearly half engaging professional services providers.
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BDO Australia appoints new Melbourne office managing partner
Accounting and advisory firm BDO Australia has announced that Jason de Boer will be its new office managing partner at its Melbourne CBD office.
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Mining mogul gets 7-year prison sentence for $1.13m GST fraud
A Western Australian mining mogul has been sentenced to seven years and 10 months in prison for obtaining $1.13 million in fraudulent GST refunds.
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TPB terminates former PwC CEO’s tax agent status following tax leaks failures
The Tax Practitioner’s Board has terminated the registered tax agent status of former PwC CEO Tom Seymour for his conduct during the infamous PwC tax leaks scandal.
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How accounting firms can make sense of Right to Disconnect laws
The Right to Disconnect laws now in place for small businesses like accounting firms are sparking plenty of discussion, writes Stephen Roebuck.
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‘Satisfied with rejection’: COSBOA backs Senate decline of WFH amendments
Business advocacy bodies have welcomed the Senate’s rejection of proposed amendments to the Fair Work Act seeking to federally mandate work from home entitlements.
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Company auditor applies for registration cancellation: ASIC
The corporate regulator has accepted the cancellation of a company auditor’s registration for independence compliance failures.
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Delay in Div 296 tax ‘no surprise’: SMSFA
Rumours that the Division 296 tax is being put on hold come as no surprise to the SMSF Association.
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