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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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Xero signs preferred supplier agreement with Allinial Global
The accounting association boasts 260 members across more than 100 countries.
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Directors cop maximum ban for failed companies with $8.5m debt
Phoenix activity and improper behaviour involving multiple company failures results in five year disqualifications for two directors.
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Cafe fined $115k for underpaying staff, falsifying records
A Victorian Coffee Club outlet breached record-keeping and payslip laws, including making false time and wages records.
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Ankura expands with two former big four partners at the helm
The firm’s debut of its disputes and economics practice in Australia is the next step in its ongoing international expansion.
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Payroll operators to fortify security after 60% hit by attacks
ADP research shows data security has become the most important issue over the past 12 months.
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Small business upbeat and bouncing back, says Prospa
A survey by the niche lender reveals a surprisingly optimistic sector with four out of five anticipating growth over the coming 12 months.
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Ageing Aussie business owners ‘put the brakes on innovation’
With more entrepreneurs over 50 and fewer under 40, the rest of the Asia-Pacific is winning the race to digitise, CPA Australia survey finds.
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FloQast aims to expand regional footprint with local HQ
The 10-year-old US start-up has ambitious goals for its cloud accounting software.
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Four-day weeks ‘a bad fit’ for many small businesses
Trials involving larger companies fail to reflect the reality for countless in the retail and service frontline, says COSBOA.
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AFP unleashes taskforce to chase billions in money laundering
Taskforce Avarus will target criminals relying on elaborate schemes plus the expertise of “lawyers and accountants” to hide illicit cash.
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Tech companies ‘can teach accountants a thing or two’
Silicon Valley knows how to scale for growth and despite recent job cuts that’s a worthwhile lesson, says Damien Greathead of Intuit QuickBooks.
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Millennial managers recoil from hiring, take on extra work instead
The burden of the recruitment process combined with an acute skills shortage is changing the mindset of managers, says one offshore recruiter.
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Know your client’s crypto or risk a blowout, expert warns
Avoid finding out at the last minute that there are thousands of transactions to reconcile that haven’t been priced into the job.
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