Regulation

Perth man jailed, ordered to repay $110k in fraudulent GST refunds

Many of the thousands being pursued for bogus GST claims will be in debt to the ATO for years, police warn.

31 August 2023 • By Philip King

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Technology

Local pullback on AI stalls take-up in Asia-Pacific

Fewer Australian and New Zealand businesses using AI offset increasing rates of adoption in Asia, a CPA Australia...

30 August 2023 • By Christine Chen

Technology

Planday targets rapid expansion of award coverage

Hospitality cover, just announced, will soon be followed by other sectors from automotive to hair and beauty, the...

30 August 2023 • By Philip King

Business

How a wobbly drinks brand dodged last orders

Non-alcoholic beverages company Sans Drinks has become an object lesson in the benefits of voluntary administration,...

30 August 2023 • By Philip King

Business

Carbon Group expands in Sydney with Numeric Eight takeover

The bookkeeping and accounts management operation becomes the latest in a string of acquisitions for the Perth-based...

29 August 2023 • By Philip King

Technology

Text messages become the scammer’s weapon of choice

Bogus investments aimed at older people reap the most rewards in a “golden era” for fraudsters, BDO finds.

29 August 2023 • By Philip King

Business

Record 1.5m at-risk mortgage-holders await RBA move

After a dozen rate rises more than 640,000 have joined the ranks of stressed homeowners, the latest Roy Morgan data...

29 August 2023 • By Philip King

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

Business

Failed company directors ‘more likely to run risky personal debt’

Dodgy consumer credit behaviour is a reliable indicator of poor business acumen, research finds.

28 August 2023 • By Philip King

Business

With an outsourced CFO function, one size fits all

Businesses from fast-growing tech start-ups to multinationals spreading their wings increasingly turn to external...

28 August 2023 • By Philip King

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