Super

Joint bodies reject ‘two-tier’ approach to NALE reforms

The government has been told to scrap its amendments to the non-arm’s length expense rules with industry associations...

06 November 2023 • By Miranda Brownlee

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Business

Accountants ‘should cull one-third of their clients every year’

Problematic clients take accounting firms for granted and are a waste of resources, says one consultant.

06 November 2023 • By Christine Chen

Business

‘Scale your impact’, says female executive

Women in leadership roles must scale their impact by mobilising their team to create value for their organisation,...

03 November 2023 • By Malavika Santhebennur

Business

Acquisition-hungry Count buys Canberra accounting boutique

The firm’s latest deal adds over 700 clients to its existing 39,000-strong base.

03 November 2023 • By Christine Chen

Regulation

Property developer cops ban for 5 failed companies owing $12m

Canberra director disqualified for two years by ASIC for hands-off approach to management, lack of care and diligence.

03 November 2023 • By Philip King

Super

Payday super will punish small business, says NTAA

Phase in the start date or give companies with less than $5 million turnover a waiver, urges the lobby group.

04 November 2023 • By Philip King

Appointments

COSBOA board adds diverse experience with 2 appointments

The nine-member leadership group is ideal to tackle challenges facing the small business sector, the body says.

06 November 2023 • By Philip King

Technology

ASIC scam-buster tech blitzes thousands of dodgy websites

Fake investment and crypto platforms along with impersonator sites have been detected and disabled, the regulator says.

03 November 2023 • By Philip King

Super

Expanded Victoria land tax ‘to hit SMSFs with property’

Residential property that remains vacant for six months out of the year will be subject to the levy, a lawyer warns.

02 November 2023 • By Keeli Cambourne

Business

Insolvency Australia sets up helpline for distressed businesses

The first-of-its-kind free service aims to connect individuals or businesses with registered specialists.

02 November 2023 • By Philip King

Tax

Sole traders ‘miss out on $3.5bn in tax deductions’

More than four out of 10 fail to claim all of their business expenses, says one digital accounting services provider.

02 November 2023 • By Miranda Brownlee

Regulation

Former EY partner in tax exploitation case a ‘rogue operator’

The firm says the former partner admitted receiving $700,000 and was sacked last year.

01 November 2023 • By Philip King

Regulation

ATO pursues former EY partner for alleged tax exploitation scheme

The Tax Office has filed a civil case in Federal Court under the promoter penalty legislation.

01 November 2023 • By Philip King

Business

’Sooner rather than later’ vital for succession planning

After countless health battles, broker Louisa Sanghera became all-too-aware how important it is to think of the future.

01 November 2023 • By Malavika Santhebennur

Business

Prosperity Advisers acquires Brisbane firm to expand SME business

Boutique firm P+Y is set to join forces with Prosperity Advisers after a year of talks.

01 November 2023 • By Christine Chen

Business

$22bn in unpaid invoices means Christmas stress for business owners

Many will be chasing unsettled accounts instead of relaxing, Intuit QuickBooks survey finds.

01 November 2023 • By Philip King

Regulation

Bondi bar fined $164k for underpaying workers, faking documents

The Fair Work Ombudsman says it is taking “appropriate action” to protect vulnerable employees, cracking down on...

01 November 2023 • By Christine Chen

Tax

Tax agents hit with ‘petty’ ATO list of old debts as little as 4c

UPDATED: Practitioners predict additional workloads as they seek to reconcile debts recently resurrected by the Tax...

01 November 2023 • By Christine Chen