Business

CFOs pay 30% premium for financial analysts, planners

A shortage of skills in a range of specialties like reporting, modelling and project management has employers upping...

12 January 2024 • By Christine Chen

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Business

November CPI falls to 2-year low

The latest ABS data shows a further slowdown in inflation, helped by a five-month low in oil prices.

10 January 2024 • By Philip King

Business

Black Friday drives November retail sales to record $36.5bn

ABS data shows a 2 per cent jump as shoppers snapped up discounted discretionary goods.

10 January 2024 • By Christine Chen

Technology

HLB Mann Judd to explore AI potential for small firms

The future rollout of Microsoft Office 365 to small and medium firms could see a significant acceleration in the use...

10 January 2024 • By Miranda Brownlee

Business

​Taxes, cash flow top small business worries

Owners face an operating environment “tougher than ever before”, a recent survey finds.

09 January 2024 • By Christine Chen

Business

Cyber risks, talent the top issues for business in 2024: KPMG

Business leaders are the most concerned about cyber risks and issues around recruitment and staff retention for the...

09 January 2024 • By Miranda Brownlee

Regulation

Complaints to AFCA rise 23% to hit record, scam issues double

The financial complaints body handled more than 100,000 issues last year and says increases have become “unsustainable”.

09 January 2024 • By Philip King

Tax

Crucial deadline looms for foreign owners of Victorian property

Foreign purchasers of real estate in Victoria may need to make important notifications by mid-January where their...

08 January 2024 • By Miranda Brownlee

Tax

CFS flags planning opportunities ahead of stage 3 tax cuts

Accountants should start thinking about potential opportunities for clients ahead of the stage three tax cuts on 1...

05 January 2024 • By Philip King

Business

Productivity turnaround ‘halts post-COVID freefall’

However, further reforms are needed to achieve sustainable, long-term growth, the Productivity Commission says.

22 December 2023 • By Christine Chen

Business

Workers accrue record 200 million days of annual leave

Travel restrictions during the pandemic and an expanding workforce add up to a bigger holiday bank than ever, Roy...

22 December 2023 • By Philip King

Regulation

Fraudster behind ‘ruinous’ $521k SMSF swindle gets 4 years’ jail

Mudasir Mohammed Naseeruddin took advantage of vulnerable investors over five years through a “chaotic” and “ruinous”...

22 December 2023 • By Christine Chen

Business

Insolvency data reveals ‘COVID lag’ impact on SMEs

ASIC says its FY23 statistics show many small businesses, particularly in construction, failed to recover from the...

21 December 2023 • By Philip King

Regulation

Former liquidator pleads guilty to siphoning $2.5m

The administrator of five troubled companies transferred money to his business and for personal use, court hears.

22 December 2023 • By Philip King

Regulation

St Vincent’s back pays staff $4.4m after ‘payroll errors’

The health business self-reported to the FWO after discovering underpayments to around 2,700 staff.

20 December 2023 • By Philip King

Technology

AFP distributes decryption key to thwart Russian cyber crims

Ransomware group BlackCat has targeted dozens of local operations but the FBI came up with a fix, the AFP says.

21 December 2023 • By Philip King

Tax

Commissioner’s remedial power ‘underused, invisible’

Complex tax law throws up unintended consequences but few people know about the power devised to solve the problem,...

20 December 2023 • By Philip King

Business

Concessional caps likely to rise in FY24–25, CFS predicts

Recent wage rises could trigger an increase in the concessional and non-concessional caps for super next financial...

20 December 2023 • By Miranda Brownlee