Tax

ATO escalates warnings over dodgy rental claims

Interest on property loans will come in for special attention this year while additional data matching systems will...

05 September 2023 • By Philip King

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Regulation

Fraudster who claimed $830k in GST refunds gets 7.5 years’ jail

ATO says the sentence shows offenders should come forward or face severe consequences.

01 September 2023 • By Philip King

Super

Government releases draft legislation for objective of super

The government says the goal is to provide a shared understanding of superannuation and ensure it focuses on saving...

04 September 2023 • By Miranda Brownlee

Regulation

Police seize cigarettes, tobacco worth millions in lost tax

Money laundering investigation conducts raid in Queensland and needs five trucks to haul away alleged contraband.

04 September 2023 • By Philip King

Regulation

ASIC bans directors for multiple company failures, $11.5m in debts

Two unrelated directors have been disqualified for failing to meet their duties, including concerns that they traded...

04 September 2023 • By Philip King

Business

PwC partners to cop 30% pay cut after ‘challenging year’

Revenue growth of 11 per cent to $3.4 billion has yet to reflect the imminent sale of its consulting arm and...

01 September 2023 • By Philip King

Regulation

ATO hits SMSF trustees with record disqualifications, fines

The sanctions come as the Tax Office intensifies efforts to stop trustees from overstepping the mark.

01 September 2023 • By Christine Chen

Technology

Canberra mulls screen scraping ban over cyber crime concerns

The government seeks submissions on a “deeply disconcerting” data capture method widely used by the finance industry.

01 September 2023 • By Christine Chen

Business

Regional NSW accounting giant Boyce celebrates half-century

The top 40 firm expanded from Cooma five decades ago to take in towns from Moree to Bega.

01 September 2023 • By Philip King

Business

Construction insolvencies on the rise as building approvals drop

This financial year has already seen hundreds of insolvencies in the construction sector as the number of approved...

01 September 2023 • By Miranda Brownlee

Business

1 in 3 suffer financial stress, cut spending across the board

More people are cutting spending and renegotiating bills than during the height of the pandemic, ANU survey finds.

01 September 2023 • By Philip King

Technology

Late payments drive business adoption of e-invoicing

Digital systems are seen as the answer despite concerns over scams and fraud, according to research from Stripe.

30 August 2023 • By Christine Chen

Business

Bank lending to small business leaps 28% in FY2022–23

Total outstanding credit reaches almost $600bn with loans to small business up by one-third, the ABA says.

31 August 2023 • By Philip King

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

Business

Inflation slips to lowest annual figure since last February

UPDATED: ABS data shows CPI on steady downward trend helped by falls in petrol and vegetable prices.

30 August 2023 • By Philip King

Appointments

PKF elevates 2 to partner level for ‘dedication, proficiency’

The Sydney and Newcastle operation promotes a total of 26 staff as part of its commitment to nurturing talent.

31 August 2023 • By Philip King

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