Tax

Government to unveil stage 3 tax cut overhaul

The prime minister is expected to detail revised earnings brackets that deliver greater benefits to low and...

25 January 2024 • By Christine Chen

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Business

Mike Baird to join KPMG board as independent director

The firm has enlisted the help of the former NSW premier to shore up governance amid ongoing scrutiny of the sector.

25 January 2024 • By Christine Chen

Regulation

ICAEW, SAICA members lose TPB registration pathway

The English and South African professional accounting bodies voluntarily surrendered their accreditation with the...

24 January 2024 • By Christine Chen

Business

Declining business conditions ‘improve inflation outlook’

NAB’s December survey shows economic growth remains on a downward trajectory, helping to ease the growth of prices and...

24 January 2024 • By Christine Chen

Business

Dwindling demand sinks growth expectations

Industry leaders forecast a bleak outlook for 2024 and are making productivity a focus to cope, Ai Group says.

24 January 2024 • By Christine Chen

Business

Job anxiety stokes consumer stress levels to 4-year high

Concerns about the cost of living are levelling out but other factors mean all income groups have cut back on...

23 January 2024 • By Christine Chen

Business

Small businesses ‘lack disaster plans’ despite floods, cyclones

Recent natural disasters highlight the need to prepare for the worst, ASBFEO says.

23 January 2024 • By Philip King

Regulation

Man sentenced for buying stolen data from criminal website

The search revealed hundreds of compromised credentials purchased from international cyber scam operation Genesis...

23 January 2024 • By Philip King

Appointments

Elmo Software taps Xero managing director for CEO

Joseph Lyons was appointed due to his track record of scaling tech companies and building high-performing teams, Elmo...

23 January 2024 • By Christine Chen

Regulation

Jones lauds anti-scam response after losses drop 60%

The government says its approach is delivering “clear early signs of success” while the ACCC warns of side hustle...

23 January 2024 • By Christine Chen

Regulation

‘Abysmal’ TPB leaves H&R Block in dark over TASA changes

The country’s largest tax preparer has accused the regulator of doing nothing to clarify the code of conduct revisions...

22 January 2024 • By Christine Chen

Business

Inflation, living costs rattle retirement plans

One in two surveyed by State Street are pessimistic about retiring on time, with unexpected expenses after leaving...

22 January 2024 • By Christine Chen

Tax

IMF urges Canberra to bite the bullet with tax overhaul

Australia must move away from high income taxes in favour of GST while abolishing breaks for the wealthy, the...

22 January 2024 • By Philip King

Technology

Why finance will welcome fewer systems, but more AI, fraud defence

Software consolidation, automation with a human touch and fortified scam prevention are on this year’s agenda.

19 January 2024 • By Karl Durrance

Appointments

Tax Institute appoints Todd Want as 2024 president

William Buck’s head of tax says there will be a “renewed focus” on member voices during his term.

22 January 2024 • By Christine Chen

Technology

Canberra to develop guardrails for high-risk AI

Consultation paper response outlines a targeted regulatory approach to ensure low-risk use continues unimpeded.

19 January 2024 • By Christine Chen

Regulation

TASA code of conduct changes ‘open costly can of worms’

“Loosely drafted” legislation means agents will need to err on the side of caution and will incur legal expenses, John...

19 January 2024 • By Philip King

Regulation

ACU admits to underpaying 1,100 casual staff $3.6m

But the university denies engaging in wage theft and has said its error was unintentional.

19 January 2024 • By Christine Chen