Business

RBA move a ‘kick in the guts’, but few surprised

With Christmas approaching, small business and mortgage holders can look forward to “the type of pain that high...

08 November 2023 • By Philip King

more from tag

Business

First Women in Finance Summit sells out

Hundreds will gather for the inaugural event this Friday to listen to a range of speakers from across the profession.

07 November 2023 • By Malavika Santhebennur

Regulation

Gippsland restaurant fined $4k for breaking child work laws

A community tip-off to the Wage Inspectorate triggered an investigation but the food outlet continued to employ...

07 November 2023 • By Philip King

Tax

Next 5,000 review finds tax errors, poor record keeping

The ATO says a lack of documentation leads to issues over intra-group transactions and trust distributions.

07 November 2023 • By Miranda Brownlee

Technology

Seamlss adds client-linking feature to onboarding software

Next week’s rollout of the ATO’s revised requirements takes in all businesses with an ABN except sole traders.

07 November 2023 • By Philip King

Technology

Airwallex launches interest-bearing greenback account

In a claimed first for Australia, US dollar balances in Yield earn interest at “double the rates of the big banks”.

07 November 2023 • By Philip King

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

Business

Tread warily ‘or risk fallout’ with clients in distress

Accountants can become collateral damage when a business runs into trouble if they fail to avoid the pitfalls,...

06 November 2023 • By Philip King

Regulation

QAR ‘will fail to make financial advice affordable for most’

The licensing regime looks certain to remain out of sync with people’s guidance needs, says fintech chief.

06 November 2023 • By Philip King

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