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Whistleblower who lifted lid on aggressive ATO tactics to face trial Richard Boyle will answer charges relating to his time at the office after speaking out about its debt collection techniques.  ...
Airwallex slashes price of processing online payments Increased investment allows it to offer ‘mates rates’ to local customers, the Australian start-up says. ...
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Xero certifies Karbon app ahead of integration  Karbon contact data will be synchronised with Xero Practice Manager but WorkflowMax will be retired in mid-2024. ...
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14m personal records stolen in Latitude hack The financial group confirms the cyber criminals made off with driver’s licence numbers and the personal details of million of customers. ...
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Investors vulnerable to financial misconduct ‘despite CSLR’ Accounting bodies support the compensation scheme but worry about the cost and want better upfront protection for consumers. ...
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Ex-restaurant owner penalised almost $60k for exploiting visa holder The FWO found the manager dismissed the Bangladeshi for lodging a workers’ compensation claim. ...
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Accountants ‘need to raise their game on FBT’ The ATO wants tax practitioners to help police the system, says FBT specialist Paul Mather. ...
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Family businesses are bouncing back post-pandemic: PwC Survey shows family firms need to embrace technology and develop clear ESG strategies for the best chance of future growth. ...
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AFP charges four for allegedly laundering $1.7m from cybercrime The police claim they set up dozens of bank accounts using stolen identities to transfer money overseas. ...
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Unexpected work test issue impacts personal contributions An unintended consequence with the work test changes is restricting certain types of employees and company directors from claiming a deduction for personal contributions,...
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Two accountants charged over alleged $3.5m SMSF con Police claim the Sydney-based pair defrauded almost two-dozen people over more than a decade. ...
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SMEs must pass on costs to survive: HLB Mann Judd  Smaller firms with a greater reliance on funding will be impacted the most by rising rates and the shifting economic environment. ...
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Hiring plans hit post-pandemic high, survey reveals Three out of four businesses plan to recruit and will prioritise quality candidates over “bums on seats”. ...
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FWO fast food crackdown penalises Subway director over $30k  A former director has been forced to back-pay workers thousands in underpayments over two years. ...
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KPMG launches private ChatGPT tool as internal digital assistant The custom tool will support its workers and help improve efficiency, says KPMG. ...
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Slow tech adoption ‘costs business $9m a day’ The digital skills gap among local firms can be fixed by an investment which will quickly repay itself, according to RMIT and Deloitte. ...
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ATO aims to recruit record 150 under Evergreen program  The scheme aims to provide employment opportunities for Aboriginal and Torres Strait Islander people at the Tax Office. ...
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KPMG appoints experienced South Pacific and PNG leaders The firm sought replacements for its South Pacific leader, who retired after four decades of service. ...
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Satisfaction with super funds plummets from record high Rate rises, share market volatility and fund mergers have combined to dent customer confidence, Roy Morgan data shows. ...
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ATO warns businesses to check FBT claims as deadline nears Electric vehicles become exempt from the levy for the first time and Mazars expects an influx of salary packaging requests. ...
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