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Tax

Victoria to hand back $7m in unlawful EV taxes

Treasurer Tim Pallas says the High Court decision outlawing the levy will “totally recast” the way the state raises...
30 November 2023 • By Christine Chen

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Tax

ATO slams brakes on debts campaign in face of backlash

Frustrated tax agents complained of letters about on-hold tax debts of just a few cents that were a waste of time to...
29 November 2023 • By Philip King
Business

Black Friday? Cafes, restaurants charge towards black hole

Retail is enjoying a sales-driven reprieve but no such luck for hospitality, with record numbers leaving or going bust.
29 November 2023 • By Philip King
Business

Payroll staff on wanted list over holiday period

Contract workers with financial skills will be in high demand as annual leave bites, recruiter says.
29 November 2023 • By Philip King
Technology

TaxLeopard hunts down rival Airtax to feed expansion plan

The tax app for freelancers and contractors has made its first acquisition since launching last year, buying a...
29 November 2023 • By Christine Chen
Companies

CA ANZ fines PwC $50k, imposes reporting regime

It shows the body is committed to upholding the “highest standards of professional ethics”, CEO says.
29 November 2023 • By Philip King
Technology

Grant Thornton helps Booktopia reach the top shelf

Online book retailer installs autonomous robot distribution centre with help from mid-tier consulting team.
28 November 2023 • By Philip King
Business

ATO slips from top spot in public trust ranking

Process and outcome-related complaints were cited as reasons for a decline in trust and satisfaction in the Tax Office...
28 November 2023 • By Christine Chen
Technology

Bookkeepers, accounts clerks will lose 40% of tasks to AI

Traditional accounting roles will be among the white-collar jobs most impacted by the technology, research shows.
28 November 2023 • By Philip King
Technology

8 Malaysians arrested over alleged myGov phishing kits

An international operation found templates and scripts mimicking government websites were allegedly being offered to...
28 November 2023 • By Philip King
Super

When NALI punishment goes way beyond the crime

The treatment of non-arm’s length income transgressions in SMSFs need to factor in the heavy penalties, says one...
28 November 2023 • By Keeli Cambourne
Regulation

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...
27 November 2023 • By Christine Chen
Technology

Dark web buzzes with more users, increased trading

The most popular items include counterfeit passports, user IDs and passwords, says BDO.
27 November 2023 • By Philip King
Appointments

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...
27 November 2023 • By Philip King
Super

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...
27 November 2023 • By Keeli Cambourne
Technology

ATO bolsters defences around personal data

Security upgrades this week aim to counter an “unprecedented rise” in identity fraud.
24 November 2023 • By Philip King
Appointments

Morrows, William Buck appoint 2 high-fliers

Kellie Stark becomes a principal for the Melbourne firm while William Buck’s Parramatta office recruits a...
24 November 2023 • By Philip King
Business

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.
23 November 2023 • By Philip King