Business

RBA 'cautiously' holds, ends hawkish stance

Economists predict rate cuts by the end of the year as the bank's latest monetary statement reveals a "shift" in tone.

20 March 2024 • By Christine Chen

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Regulation

‘Uniform approach’ critical for resolving interstate EPOA issues, says barrister

Australian states must adopt a standard form for enduring powers of attorney to resolve the intestate issues plaguing...

19 March 2024 • By Miranda Brownlee

Business

Reserve Bank reveals latest cash rate decision

The RBA has kept rates on hold again as its grapples with the combination of slowing growth, rising unemployment and...

19 March 2024 • By Miranda Brownlee

Technology

HeirWealth partnership to streamline intergenerational wealth management

The fintech company has partnered with Envestnet Yodle to provide a more efficient process for transferring...

18 March 2024 • By Miranda Brownlee

Tax

Government unveils details of Division 296 tax for defined benefit interests

Treasury has released draft regulations outlining the calculation of the Division 296 tax for defined benefit interests.

18 March 2024 • By Miranda Brownlee

Super

Super Clearing House change to impact small businesses, SMSFs

A major update to the SBSCH means perfect alignment between employees’ super details and those recorded by the ATO...

18 March 2024 • By Miranda Brownlee

Tax

Beware of ‘quirks’ in draft GST ruling, cautions tax expert

The ATO has changed its position on certain timing aspects for claiming input credits in a recent draft ruling, says...

18 March 2024 • By Miranda Brownlee

Technology

Canberra to create $8m ‘one-stop-shop’ small business cyber service

The government's program will build digital resilience and provide support in the immediate aftermath of an attack at...

18 March 2024 • By Christine Chen

Business

Aussie practices can learn from lucrative branding strategies in US

Accounting firms in the US are rebranding as digital tech start-ups and reaping millions of dollars in funding, says...

18 March 2024 • By Miranda Brownlee

Appointments

Pitcher Partners Sydney adds 2 new audit partners

The firm says it is tailoring its efforts to cater to clients who are "seeking alternatives" to the big four firms.

18 March 2024 • By Nick Wilson

Tax

ATO’s client-agent linking a threat to system integrity: IGTO

Tax ombudsman Karen Payne has criticised the byzantine design and implementation of the process, throwing her support...

18 March 2024 • By Christine Chen

Business

Grant Thornton makes job cuts to management consulting group

Chief executive Greg Keith cited “ongoing challenges within the retail market” as contributing to the redundancies.

15 March 2024 • By Miranda Brownlee

Regulation

ASIC acts against 15 auditors over in-house audit concerns

The Corporate Regulator has taken action against 15 auditors following a review into audit firms conducting both...

14 March 2024 • By Miranda Brownlee

Appointments

BDO bolsters audit and advisory teams with new partners

The mid-tier firm has appointed two new partners to expand both its audit and infrastructure advisory teams.

13 March 2024 • By Miranda Brownlee

Business

PwC axes over 300 jobs in major restructure

The firm will make 329 roles redundant and accelerate the retirement of up to 37 partners as it moves in a new...

13 March 2024 • By Miranda Brownlee

Tax

Full Federal Court rejects ATO’s anti-avoidance ruling

In a landmark taxpayer win, the Full Federal Court unanimously held that schemes targeted by the ATO did not trigger...

14 March 2024 • By Miranda Brownlee

Tax

Former ATO employee jailed for accepting bribes

A former Tax Office employee has been sentenced after accepting bribes for reducing millions of dollars in tax debts.

13 March 2024 • By Miranda Brownlee

Business

AFSA’s positive discrimination makes inroads for female trustees

The intervention to attract more women into the conservative profession dominated by men is working, according to CEO...

13 March 2024 • By Christine Chen