Technology

Stripe signs up for payment ride with Uber

The payment software specialist welcomes another global partner and says businesses using its latest upgrade are...

08 May 2023 • By Philip King

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Business

Building industry ‘starting to fall over’, retail on the run

This week’s interest rate rise is pushing insolvency figures north, with construction and hospitality in the front line.

05 May 2023 • By Philip King

Business

Excess foreign exchange fees ‘hurting Aussie businesses’

Businesses are being hit with $5.74 billion each year in excess foreign exchange fees, based on recent modelling by...

05 May 2023 • By Miranda Brownlee

Business

Business expects to applaud budget, but be worse off

Many businesses think their financial position will go backwards after the budget although seven out of 10 express...

04 May 2023 • By Philip King

Super

Budget forecast for super tax ‘litmus test’ for unrealised gains

If the government sticks to its $2 billion revenue projection, then investors will move funds out of super, says SMSF...

04 May 2023 • By Philip King

Technology

ChangeGPS cracks the big time with PKF deal

Its s100A and professional firm profits allocation tools are finding eager buyers among the top-tier accountants,...

04 May 2023 • By Philip King

Regulation

ASIC bans 3 directors for total of 12 failed companies, $10.6m debt

The unrelated directors wound up owing unsecured creditors $8.7 million and the ATO a further $1.9 million.

04 May 2023 • By Philip King

Regulation

$12m illegal tobacco haul destroyed in NSW

A joint taskforce discovered 77 tonnes of illicit tobacco and the ATO estimates 10 per cent of excise is evaded.

03 May 2023 • By Philip King

Technology

Karbon adds AI email handling to its practice software

The GPT-powered tool can summarise emails, adjust their tone and compose drafts, the company says.

03 May 2023 • By Philip King

Super

Payday super: a ‘win for workers’ but ‘burden’ for small business

The government’s move to make wages and super payable simultaneously prompts mixed reactions from stakeholders.

03 May 2023 • By Philip King

Business

More rises possible with 2 years before CPI hits target: RBA

UPDATED: Concerns over the tight labour market and services inflation forced the bank to raise rates – and it might...

03 May 2023 • By Philip King

Tax

Off-market buybacks ‘super-size tax benefits – for some’

We all pay for the preferential treatment of off-market buybacks but it unfairly streams the rewards to one group of...

02 May 2023 • By Philip King

Regulation

Woman gets 8 years’ jail for role in $105m payroll fraud

Court sentences the daughter of a former ATO deputy commissioner for central part in conspiracy while her brother...

02 May 2023 • By Philip King

Appointments

BDO adds partner to cyber security team

A former CBA specialist joins to offer expertise on digital strategy and resilience.

02 May 2023 • By Philip King

Tax

Flick to electricity for 20% tax deduction, small business told

Tradies, manufacturers and restaurants to get a budget bonus for moving away from gas or for upgrading appliances.

02 May 2023 • By Philip King

Business

Internal auditors increasingly focused on ESG bottom line

Around half the profession is now involved in environmental, sustainability and governance risks as formal disclosure...

01 May 2023 • By Philip King

Tax

ATO upgrades to ‘simpler, better’ lodgment deferral system

The revised application method will soon become the single point of entry for deferral requests, the Tax Office says.

01 May 2023 • By Philip King

Business

Rate rise ‘will push at risk mortgage-holders to record high’

Roy Morgan research shows mortgage stress will exceed GFC levels if the RBA raises rates again tomorrow.

01 May 2023 • By Philip King