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

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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

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

Super

Inflation ‘forces pushback of retirement plans’

Attitudes have changed over the past 12 months, survey finds, with most expecting to need more savings.

30 November 2023 • By Philip King

Appointments

Most pay rises next year ‘will fail to match CPI’

The premium for changing jobs is falling and staff are becoming more risk-averse, recruiter says.

30 November 2023 • By Philip King

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