Technology

Mackay Goodwin pioneer AI ‘saves 30% of staff time’

Bespoke robotic process software can do a BAS in minutes and liberates staff for more valuable work, the firm says.

02 March 2023 • By Philip King

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Business

GDP grows but slows, while inflation edges lower

UPDATED: The latest figures from the ABS reveal economic growth last year and show inflation coming off its peak.

01 March 2023 • By Philip King

Business

Ignition invites entries for global women in accounting awards

Now in its sixth year, the awards recognise 50 at the forefront of the tax profession.

01 March 2023 • By Philip King

Tax

ATO tightens GST assurance on top 1,000 companies

An analytical tool cross-checks BAS against audit outcomes to ensure the correct amount is paid.

02 March 2023 • By Josh Needs

Super

Super tax singles out small group who played by the rules: CA ANZ

Labor’s decision to double the tax on super balances above $3 million moves the goalposts yet again, the body says.

01 March 2023 • By Philip King

Technology

Businesses to be protected by greater cyber security investment

Enhancing national regulatory frameworks and improving cooperation across both the private and public sectors will be...

01 March 2023 • By Josh Needs

Business

Empower women with financial literacy, Tesla chair urges

Robyn Denholm makes a call to arms during a panel discussion ahead of International Women’s Day.

01 March 2023 • By Philip King

Tax

Government doubles tax on super balances above $3m

Just 80,000 will be hit by the impost which “does not change the fundamentals of the system”.

28 February 2023 • By Philip King

Business

Retailers must hang tight through a tough 2023, says Deloitte

Tight economic conditions will hit discretionary spending but there is light at the end of the tunnel, it says.

01 March 2023 • By Josh Needs

Regulation

ASIC launches greenwashing court action against Mercer

The first legal case comes after the regulator issued over $140,000 infringement notices for greenwashing last year.

28 February 2023 • By Josh Needs

Super

ATO releases record $573m in super on compassionate grounds

The bulk of applicants needed medical treatment for acute, chronic or life-threatening illnesses, the Tax Office says.

28 February 2023 • By Josh Needs

Regulation

Flood-hit regions inundate AFCA with complaints about insurers

Delays, denials and disputes are running at four times the rate of the previous worst weather event, says complaints...

28 February 2023 • By Philip King

Technology

Tech sounding board aims to nurture practice-ready apps

Early Adopters Hub launches “accelerator” to connect software start-ups with tech-savvy accountants.

28 February 2023 • By Philip King

Appointments

Remote working motivates almost 50% to plan a tree change

Two-thirds of employees would look for another job if their boss demanded they return to the office full-time, says HR...

28 February 2023 • By Josh Needs

Business

ATO’s debt recovery campaign hits NSW hardest

Specialists say the worst is yet to come with two-thirds of pandemic debt still outstanding.

28 February 2023 • By Josh Needs

Business

Later retirement takes oldies back to living in ’70s

The labour shortage and increased workplace flexibility has seen potential retirees remain in the workforce for...

27 February 2023 • By Josh Needs

Technology

Small business apps blossom ‘thanks to local developers’

A rich software ecosystem has grown up in just a decade, says Xero chief Will Buckley.

27 February 2023 • By Philip King

Business

Purpose-led businesses believe ESG delivers a competitive edge

Societal expectations and increased regulations such as mandatory reporting will see more businesses forced to set...

27 February 2023 • By Josh Needs