Business

‘Bloated’ CA ANZ blasted over $90m payroll bill

Two members take a fine-tooth comb to its finances and puzzle over its headcount comprising 1,300 staff, including...

20 October 2023 • By Philip King

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Regulation

Tax agent who lent registration number banned for 5 years

The TPB strikes off a practitioner who enabled unregistered agents to access ATO online services.

19 October 2023 • By Philip King

Business

Accounting firms blossoming in the regions, survey finds

Two out of three are optimistic about the future although finding staff remains a challenge, says NAB.

19 October 2023 • By Miranda Brownlee

Regulation

High Court rules against Victoria’s electric vehicle road charge

UPDATED: The state “imposes a duty of excise” within the meaning of s90 of the Constitution, its judgement says.

18 October 2023 • By Philip King

Business

Outdated views of finance deterring women: WGEA

The financial services industry could attract more women by dispelling the myth that it solely requires strong...

18 October 2023 • By Malavika Santhebennur

Regulation

CA ANZ should ‘stick to your own lane’ on the Voice

Members have slammed the body’s support for the referendum proposal as beyond its remit and “outrageously presumptuous”.

18 October 2023 • By Philip King

Tax

Payroll tax ruling ‘financially devastating’, dentists warn

As many as 60 per cent of dental practices in NSW are expected to receive tax bills, the Australian Dental Association...

18 October 2023 • By Miranda Brownlee

Business

Key business data points to ‘sharp rise in company collapses’

Business activity below pre-pandemic levels and rising payment defaults paint a gloomy picture, according to...

18 October 2023 • By Philip King

Business

Small business ‘dying from a thousand cuts to consumer spending’

High street data from MYOB suggests every rate increase comes with a sharp downturn in purchases and Christmas is...

17 October 2023 • By Philip King

Business

You’re the voice and CA ANZ understands it

Members are bound to disagree on the issue but the body remains committed to the Uluru Statement from the Heart, it...

17 October 2023 • By Philip King

Regulation

Government outlines rules regime for crypto platforms

Digital asset providers will come under existing financial services laws and need an AFSL under proposals just released.

17 October 2023 • By Miranda Brownlee

Regulation

Logistics company fined for underpaying hundreds of migrants $3.6m

Federal Court imposes a $558,000 penalty on the business for deliberately short changing holiday visa holders over...

17 October 2023 • By Philip King

Business

Carbon acquires fourth Victoria office with bookkeeping takeover

Based on the Mornington Peninsula, Rad Bookkeeping & Business Solutions is the group’s seventh acquisition this year.

16 October 2023 • By Philip King

Regulation

KPMG UK hit with record £30m for audit failures

The firm overlooked numerous signs that multinational construction company Carillion was loss-making in the three...

16 October 2023 • By Philip King

Business

Accountants ‘should act early on tax debt red flags’

Seeking help sooner rather than later gives a business owner more options and leads to a better result for all the...

16 October 2023 • By Philip King

Appointments

Tax Institute appoints Scott Treatt as CEO

The former general manager of tax policy and advocacy takes over with a mission to empower the tax community.

16 October 2023 • By Miranda Brownlee

Regulation

Disability NFP back pays staff $6.5m after ‘fundamental’ payroll error

The FWO has secured its fifth enforceable undertaking in FY2023–24, and its third involving a not-for-profit care...

13 October 2023 • By Christine Chen

Technology

Hackers eye financial businesses for payday, says cyber expert

Security company Trustwave said hackers have been breaching businesses’ networks by crafting convincing phishing...

13 October 2023 • By Christine Chen