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Regulation

Seafood labelling regime ‘huge burden’ on hospitality

The small business ombudsman says proposed country-of-origin rules would be a nightmare in practice.
04 April 2023 • By Philip King

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Regulation

Two jailed for separate multi-million dollar tax fraud schemes

Joint ATO-AFP taskforce results in prison for fake BAS lodgements and the first jail term for alleged members of an...
03 April 2023 • By Philip King
Super

Accountants must highlight dangers of raiding super: ATO

The Tax Office tells the industry to alert clients that there are consequences from illegal early access schemes.
03 April 2023 • By Josh Needs
Business

EY Australia selects pharmacy magnate as entrepreneur of the year

The Chemist Warehouse founder goes to Monaco in June to represent Australia at the global final.
03 April 2023 • By Josh Needs
Business

Paycepaid acquires Australian Debt Recoveries

The deal will provide accountants and bookkeepers with a fully integrated end-to-end accounts receivables system, the...
03 April 2023 • By Josh Needs
Super

ATO warns SMSF on sole purpose test for property investment

Property investment by an SMSF will fail the sole purpose test if it provides pre-retirement benefit to someone such...
31 March 2023 • By Keeli Cambourne
Regulation

FWO targets underpayment of apprentices

The ombudsman has secured more than $15,000 in penalties against an electrical services business that paid an...
31 March 2023 • By Josh Needs
Business

KPMG moves to ESG-designed Parramatta office

The firm’s recently finished centre has been designed to promote employee wellbeing and an enhanced workplace...
31 March 2023 • By Zarah Torrazo
Business

Government initiates bill to expand unpaid parental leave

The broader leave entitlements are said to provide greater flexibility for families, but professional groups remain...
31 March 2023 • By Josh Needs
Business

ASBFEO launches inquiry into Commonwealth tendering and SMEs

The review will identify the effectiveness of AusTender and the ability of small businesses to compete for government...
30 March 2023 • By Josh Needs
Business

RBA must pause rates in response to easing CPI, say experts

The February figure revealed a second consecutive month of lower inflation but rent was seen as a growing problem.
30 March 2023 • By Josh Needs
Technology

Microsoft releases AI cyber security tool

Microsoft Security Copilot is said to improve efficiency and reactions to cyber breaches by constantly learning to...
30 March 2023 • By Josh Needs
Regulation

ATO ‘must rearm’ against sales suppression tech

Increased penalties and stronger action have hindered the use of the technology but more needs to be done to combat...
29 March 2023 • By Josh Needs
Business

Accounting firms fetch higher prices as supply dries up

A quiet consolidation in the regions means fewer sellers and now buyers are changing their strategy, says one...
29 March 2023 • By Philip King
Business

SMEs battle unique combination of inflation, labour drought

Despite resilience during the pandemic, a COSBOA report says small businesses risk being dragged back down by...
29 March 2023 • By Josh Needs
Business

New Broker Academy 2023 to help you become a broker

Registrations have opened for the 2023 New Broker Academy, a free conference that arms accountants with the tools to...
28 March 2023 • By Malavika Santhebennur
Regulation

Whistleblower who lifted lid on aggressive ATO tactics to face trial

Richard Boyle will answer charges relating to his time at the office after speaking out about its debt collection...
28 March 2023 • By Philip King
Technology

Airwallex slashes price of processing online payments

Increased investment allows it to offer ‘mates rates’ to local customers, the Australian start-up says.
28 March 2023 • By Josh Needs