Business

RBA makes cash rate call for June

The Reserve Bank has handed down its latest interest rate decision following higher-than-expected inflation data.

18 June 2024 • By Miranda Brownlee

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Tax

NSW seizes ‘low-hanging fruit’ with new land tax slugs

Property owners have become an easy target for state governments to raise revenue, but experts warn the measures will...

18 June 2024 • By Christine Chen

Regulation

Annual tax agent registration fees introduced to boost oversight

Tax agents will now pay an annual fee of $273 from July instead of $704 every three years.

18 June 2024 • By Christine Chen

Business

Finalists unveiled for Australian Accounting Awards 2024

Almost 300 finalists are set to battle it out for the trophies at this year’s prestigious awards.

17 June 2024 • By Christine Chen

Business

Fear of failure, skills gap stifle aspiring business owners

The barriers come despite Australia being the “perfect breeding ground” for starting a business, according to a recent...

17 June 2024 • By Christine Chen

Tax

Freight company wins small business CGT concession dispute

The dispute in the AAT turned on competing asset valuations by PKF and KordaMentha, on behalf of the ATO.

17 June 2024 • By Christine Chen

Business

KPMG consulting overhaul to claim 200 jobs, cut $80m in costs

The savings will be redirected to high-demand advisory work focusing on technology and AI.

17 June 2024 • By Christine Chen

Appointments

Grant Thornton promotes 4 to partner

The mid-year promotions take the firm’s partner count to 175, with 10 coming in the past year.

14 June 2024 • By Christine Chen

Business

William Buck to open doors in Canberra, eyeing government clients

The mid-tier firm will acquire accounting boutique Link Capital Partners effective 1 July.

14 June 2024 • By Christine Chen

Regulation

Yearly grilling of accounting bodies needed, inquiry says

The inquiry’s final report calls for CA ANZ, CPA Australia and IPA to report annually to Parliament to ensure...

14 June 2024 • By Christine Chen

Regulation

Greens push for 5-year ban on government work for PwC

The Greens party have called for PwC to be restricted from tendering for government work for five years in the final...

13 June 2024 • By Christine Chen

Appointments

Mid-market M&A whiz joins Forvis Mazars as partner

The firm says the appointment will meet growing client demand after the launch of Forvis and Mazars’ merger earlier...

13 June 2024 • By Christine Chen

Business

SME Bootcamp returns in 2024

Registrations have opened for the SME Bootcamp – a free summit that could transform the way accountants and brokers...

13 June 2024 • By Miranda Brownlee

Business

Service-based small businesses lead productivity decline: Xero

A report has found wholesale trade was the most productive industry last year, while hospitality performed the worst.

13 June 2024 • By Christine Chen

Tax

Hotelier’s $11m tax fight fails as court confirms ‘all or nothing’ stance

A taxpayer who claimed he had no taxable income because he was self-funded has had his appeal dismissed by the Federal...

13 June 2024 • By Christine Chen

Business

PwC inquiry calls for major review into large partnerships

The committee has delivered its final report for the consulting firm inquiry, calling for a review of partnership...

12 June 2024 • By Miranda Brownlee

Business

Small businesses ‘overwhelmed’ by EOFY tax compliance, survey finds

Misplacing important documents and receipts and forgetting to claim deductions are the most common problems, Xero says.

12 June 2024 • By Christine Chen

Tax

Landlords who ‘double dip’, fudge deductions in ATO crosshairs

The Tax Office has warned taxpayers to revise deduction rules and maintain proper records.

12 June 2024 • By Christine Chen