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Small businesses ‘lack disaster plans’ despite floods, cyclones
Recent natural disasters highlight the need to prepare for the worst, ASBFEO says.
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Man sentenced for buying stolen data from criminal website
The search revealed hundreds of compromised credentials purchased from international cyber scam operation Genesis Market.
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Elmo Software taps Xero managing director for CEO
Joseph Lyons was appointed due to his track record of scaling tech companies and building high-performing teams, Elmo says.
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Jones lauds anti-scam response after losses drop 60%
The government says its approach is delivering “clear early signs of success” while the ACCC warns of side hustle scams targeting vulnerable jobseekers.
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‘Abysmal’ TPB leaves H&R Block in dark over TASA changes
The country’s largest tax preparer has accused the regulator of doing nothing to clarify the code of conduct revisions beyond providing some YouTube videos and handouts...
Inflation, living costs rattle retirement plans
One in two surveyed by State Street are pessimistic about retiring on time, with unexpected expenses after leaving work their biggest concern.
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IMF urges Canberra to bite the bullet with tax overhaul
Australia must move away from high income taxes in favour of GST while abolishing breaks for the wealthy, the international body says.
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Why finance will welcome fewer systems, but more AI, fraud defence
Software consolidation, automation with a human touch and fortified scam prevention are on this year’s agenda.
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Tax Institute appoints Todd Want as 2024 president
William Buck’s head of tax says there will be a “renewed focus” on member voices during his term.
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Canberra to develop guardrails for high-risk AI
Consultation paper response outlines a targeted regulatory approach to ensure low-risk use continues unimpeded.
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TASA code of conduct changes ‘open costly can of worms’
“Loosely drafted” legislation means agents will need to err on the side of caution and will incur legal expenses, John Jeffreys says.
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ACU admits to underpaying 1,100 casual staff $3.6m
But the university denies engaging in wage theft and has said its error was unintentional.
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Mazars imports senior risk consultant ahead of ESG reporting mandates
Corentin Cachard’s arrival from Paris brings a “proven” record in risk consulting and internal audit, the firm said.
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Holiday calm leaves small business ‘adrift in eye of storm’
The spending slowdown shows few signs of easing, COSBOA says.
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4 out of 10 overlook expenses, baulk at clunky systems
Workers find recovering outlays involves a stressful, cumbersome process, research finds.
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Insolvencies ‘off to fast start’ after post-pandemic record in 2023
Less forgiving creditors and a focus on tax debt mean last year’s rising trend looks set to continue, Jirsch Sutherland says.
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Cash courier with hidden $3.6m jailed for 4 years
Perth man had bundles of notes concealed in his home and moved the proceeds of crime, the AFP said.
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CSLR appoints former UniSuper CEO to board
Kevin O’Sullivan will become a founding member of a three-person board when the government’s compensation scheme commences in April.
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‘Extreme’ consumer pessimism persists into 2024
Westpac’s index records the weakest January reading since the 1990s recession despite easing rate hike fears.
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‘30% of small business tie-ups with digital marketers end in tears’
Digital platforms have changed the game but too often client and provider talk a different language, research by ASBFEO reveals.
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