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Bank transfers to be name-checked in $100m anti-scam effort
The industry's Scam-Safe Accord will introduce payee confirmation technology and expand biometric checks and intelligence sharing.
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Dark web buzzes with more users, increased trading
The most popular items include counterfeit passports, user IDs and passwords, says BDO.
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Accounting salaries outpace insurance, banking
Wages growth for tax professionals runs ahead of the national average and in some advertised finance jobs the pay has gone into reverse, Seek data shows.
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ATO instals system to detect illegal SMSF early access
The first attempt to measure the problem will be able to determine the amounts involved and gather intelligence to address the issue.
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ATO bolsters defences around personal data
Security upgrades this week aim to counter an “unprecedented rise” in identity fraud.
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Morrows, William Buck appoint 2 high-fliers
Kellie Stark becomes a principal for the Melbourne firm while William Buck’s Parramatta office recruits a restructuring specialist.
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Another rate raise ‘to put a further 75k mortgages at risk’
If the RBA increases next month, almost one-third of mortgage holders will be stressed by repayments, Roy Morgan says.
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ASIC bans director behind $50m Magnolia Group collapse
The bankrupt, who is under travel restrictions, cops a five-year disqualification from managing companies.
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‘7 out of 10 internal auditors shun professional bodies’
The Institute of Internal Auditors says standards may be sliding due to membership shortfall.
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Mackay Goodwin adds R&D, cyber security teams
The insolvency firm branches out with the help of two specialist recruits.
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White collar WFH here to stay at peak levels: Seek
Analysis of job adverts shows the ability to work from home at least some of the time has barely receded from its post-pandemic peak.
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Firms ‘fail to recognise migrants’ accounting credentials’
Experienced arrivals “go to waste” because their qualifications are unfamiliar, says a recruitment specialist.
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Restaurant couple fined $70k for underpaying relatives
Sister and brother-in-law were short-changed $175,000 over four years, court found.
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Canberra to merge FRC, accounting and audit bodies
A single authority from 2026 will be more efficient and fit for purpose, the Treasurer says.
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Demand makes accounting firms a seller’s market
Prices have been edging up for quality practices since the pandemic, says broker DMY.
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Research platform offers ‘360 degree view’ of legal landscape
Tax professionals will be able to delve deep into up-to-date commentary and cases, Wolters Kluwer says.
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BDO, PKF expand footprints with NSW offices
The two top 10 firms grow in Parramatta and Scone respectively, cementing their presence in the state.
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$18m cyber package targets ‘biggest fears’ of small business
Digital security check-ups and a recovery assistance program are welcome steps to protect a vulnerable sector, ASBFEO says.
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Victoria leads steep decline in October job ads
After months of incremental falls, demand for candidates fell away decisively last month, Seek says.
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RSM hits FY24 headcount target with raft of appointments
The mid-tier firm says it is also on track to exceed its revenue goal for the year.
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