Business

Business confidence plummets, two-thirds gloomy about 2024

The November rate rise confirmed a record run of pessimism, the latest Roy Morgan index shows.

07 December 2023 • By Philip King

more from tag

Regulation

Name-and-shame regime to clamp down on late payers

The government will implement all the recommendations of the Payment Times Reporting Scheme review, minister says.

06 December 2023 • By Philip King

Regulation

University wage theft balloons to $159m

The widespread use of casual workers has enabled “rampant” underpayments across all major universities, the NTEU said.

06 December 2023 • By Christine Chen

Business

Holiday sales, January CPI ‘critical’ to RBA’s next move

Commentators are divided over whether the bank has done enough to rein in inflation after holding rates at 4.35 per...

06 December 2023 • By Philip King

Business

RBA holds the cash rate steady at 4.35%

Below-trend growth and the impact of last month’s raise means steady as it goes.

05 December 2023 • By Philip King

Tax

ATO pursues Coca-Cola for $174m diverted profits tax

The Tax Office’s arguments echo those raised in its landmark win against Pepsi last week.

05 December 2023 • By Christine Chen

Regulation

CPA Australia faces member revolt over job cuts, losses

The country’s largest professional accounting body grapples with a crisis of member confidence.

05 December 2023 • By Christine Chen

Super

Longevity demands ‘fresh approach to retirement’

Greater funding flexibility plus policy and attitude changes are essential as we increasingly live decades after...

05 December 2023 • By Philip King

Business

AccountantsIQ tackles tax challenges of ageing

AgedCareIQ addresses the growing demand from accounting firms and the general community.

04 December 2023 • By Christine Chen

Business

Wage slowdown ‘should prompt RBA pause’

Payroll data has revealed a marked slowdown in rises, Employment Hero says, as it urges restraint on the central bank.

04 December 2023 • By Philip King

Tax

ATO wins landmark diverted profits case against Pepsi

The Tax Office says its victory in the Federal Court should prompt multinationals with similar arrangements to review...

04 December 2023 • By Christine Chen

Business

Start-up grant program a ‘golden chance for accountants’

A $392 million program aiming to help small business commercialise ideas allows public practices to extend their...

04 December 2023 • By Philip King

Regulation

Raise scam defences or face penalties, business told

A Treasury consultation paper proposes a sweeping, “whole-of-ecosystem” approach to prevention.

01 December 2023 • By Christine Chen

Business

Big 4’s toxic culture ‘alive and well’, says Labor senator

Despite nearly 10 months passing since the PwC tax scandal broke, Deborah O’Neill says the audit and consulting...

01 December 2023 • By Christine Chen

Tax

Why cyber security keeps Jordan awake at night

After a decade of rapid change at the ATO, the Commissioner recommits to a digital vision but admits there are...

01 December 2023 • By Philip King

Business

Small business ‘will be sent bust by flawed IR bill’

The complex legislation has become the number one threat to the sector, COSBOA says.

01 December 2023 • By Philip King

Business

Inflation cools in wake of rent, energy subsidies

Changes to housing, food, non-alcoholic beverages and transport prices meant inflation slowed down to 4.9 per cent...

29 November 2023 • By Christine Chen

Business

RBA rate decision in balance despite slower inflation

The latest CPI figures have left economists divided over the bank’s next course of action.

30 November 2023 • By Christine Chen