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Business

Findex announces partnership with investment firm

The advisory and accounting firm has formed a new partnership with Mercury Capital to expand its services.
10 April 2024 • By Miranda Brownlee

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Business

Positive signs for retail and construction in latest business survey

Business conditions fell slightly in March but there are signs of improvement in both the retail and construction...
10 April 2024 • By Miranda Brownlee
Business

Small business productivity slipping below pre-COVID levels

Small business labour productivity is managing to keep pace with big businesses but remains below pre-pandemic output,...
10 April 2024 • By Miranda Brownlee
Regulation

ASIC unveils plans to ramp up surveillance on auditor independence

The corporate regulator plans to undertake a review of auditor compliance across key systemic requirements in 2024–25.
09 April 2024 • By Miranda Brownlee
Business

Service station enters enforceable undertaking over $2.3m in unpaid leave

The South Australian employer will back pay or credit $2.3 million in annual leave entitlements to staff following a...
09 April 2024 • By Miranda Brownlee
Business

Victorian cities rank highest as best location for start-ups

A recent study has revealed that regional cities in Victoria have been ranked as some of the best locations to start a...
09 April 2024 • By Miranda Brownlee
Business

Draft legislation to provide tax relief for certain lump sum payments

The draft legislation will exempt eligible lump sum payments in arrears from the Medicare Levy where they are received...
08 April 2024 • By Miranda Brownlee
Appointments

ATO graduate program for 2025 closing soon

The ATO is on the hunt for accounting, law, finance and commerce graduates for its 2025 graduate program.
08 April 2024 • By Miranda Brownlee
Tax

ATO issues alert on false invoicing arrangements

Businesses using illegal financing arrangements have been put on notice with the Serious Financial Crime Taskforce...
08 April 2024 • By Miranda Brownlee
Business

First-ever accounting conference and expo launches

Accountants Daily will host its inaugural ACE24 Accountants Daily Conference and Exhibition, where the ATO and other...
08 April 2024 • By Miranda Brownlee
Technology

Government warns taxpayers again of myGov ATO scams

Fraudsters are still sending bogus messages to gain access to personal information and illegally claiming tax refunds,...
08 April 2024 • By Christine Chen
Regulation

William Buck director fined $20.6k over audit independence concerns

Nicholas Benbow is the first auditor ASIC has fined over allegedly breaking five-year rotation requirements for listed...
08 April 2024 • By Christine Chen
Tax

ATO urges NFPs to start preparing for new reporting requirement

The ATO has warned the 150,000 not-for-profits who currently self-assess as income tax exempt to get ready for their...
05 April 2024 • By Miranda Brownlee
Appointments

Big 4 partners, directors jump ship as mid-tier demand surges

Partners and directors from EY and Deloitte have moved to BDO and RSM in a flurry of recent appointment activity.
08 April 2024 • By Christine Chen
Business

ATO to boost affirmative action after missing Indigenous staff targets

A mid-year report has shown the Tax Office is struggling to meet 2023–24 staff representation targets, with the...
08 April 2024 • By Christine Chen
Business

Tax agents ‘relentlessly pushed to self-serve’ on ATO systems, says CA ANZ

Practitioners are frustrated with the increasing amount of administrative work they are required to do due to...
08 April 2024 • By Miranda Brownlee
Tax

GST, PAYG withholding a ‘significant portion’ of $50bn tax debt

Small businesses are increasingly falling behind on debts, with two-thirds of all debt owed by small business, the ATO...
05 April 2024 • By Christine Chen
Business

Discretionary spending by households dips in latest data

A slight fall in discretionary spending suggests consumers may be shifting their spending due to cost-of-living...
05 April 2024 • By Miranda Brownlee