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Business

Business registers ‘unfit for purpose without reform’

CPA Australia says the decision to bin the Modernising Business Registers Program leaves Australia trailing global...
29 August 2023 • By Philip King, Miranda Brownlee

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Tax

Structural changes to erode Australia’s tax base: IGR

Structural changes to the economy will change the composition of Australia’s tax base and place pressure on revenue,...
28 August 2023 • By Miranda Brownlee
Technology

‘Accounting AI will always need human oversight’

Accountants seeking to implement AI need to be wary of its limitations, two experts say.
25 August 2023 • By Christine Chen
Business

Poor image, talent mismanagement stunt profession: Xero chief

Xero Australia boss Will Buckley says accountants should focus on more than just numbers to combat negative stereotypes.
25 August 2023 • By Christine Chen
Technology

Ignition secures $US15m loan facility to speed US expansion

The professional services software specialist will develop its platform to make the most of runaway growth in North...
25 August 2023 • By Philip King
Tax

NSW pauses payroll tax audits to consult with GPs

Penalties and interest will also be suspended for 12 months while the government and professional bodies work on a...
25 August 2023 • By Philip King
Technology

One in two firms pins productivity aspirations on AI

Tax firms are optimistic about how artificial intelligence can be used to bring about productivity improvements...
24 August 2023 • By Miranda Brownlee
Business

Young entrepreneurs missing in action: ASBFEO

With the Intergenerational Report due today, the ombudsman finds the small business sector faces its own demographic...
24 August 2023 • By Philip King
Technology

Airwallex, ApprovalMax combine to speed batch payment processing

The two software companies extend their integration to Australia following the recent partnership announcement in the...
24 August 2023 • By Philip King
Regulation

‘Workers lose $850m a year to wage theft despite FWO’

Businesses habitually underpay workers and exploit the FWO’s limited resources, according to the McKell Institute.
23 August 2023 • By Christine Chen
Technology

Xero to unveil raft of enhancements at flagship event

Product updates featuring AI will take centre stage at Xerocon in Sydney.
23 August 2023 • By Philip King
Regulation

‘Architect’ of $105m Plutus Payroll scam jailed for 15 years

Son of former ATO deputy and a key co-conspirator both given lengthy terms for tax fraud.
23 August 2023 • By Naomi Neilson
Regulation

Federal Court dismisses ASIC’s case against liquidator

A Gold Coast liquidator has won a four-year legal battle against the regulator with the Federal Court dismissing...
23 August 2023 • By Miranda Brownlee
Business

Key business metrics take decisive turn for worse: CreditorWatch

Average invoice values have plummeted and the business failure rate is predicted to rise by almost a quarter.
23 August 2023 • By Philip King
Business

Small business restructuring scheme gains momentum: BDO

Small business restructuring appointments have seen a substantial increase in 2023 after a slow initial uptake.
22 August 2023 • By Miranda Brownlee
Tax

File contractor payments on time or raise a red flag, ATO warns

The Tax Office says it will penalise failure to meet the TPAR deadline and use data from the system to expose the...
22 August 2023 • By Philip King
Tax

Court action ‘now ATO’s first resort for non-compliant sole traders’

Thousands of sole traders unwittingly put their family assets at risk, warns Worrells principal.
22 August 2023 • By Philip King
Appointments

Grant Thornton bolsters tax group with 2 partners

Experts in indirect tax and data analytics bring valuable skills to the team, the firm says.
22 August 2023 • By Philip King