Regulation

Be brave about advice reform, Canberra told

UPDATED: Accounting bodies welcomed the “bold recommendations” in the Quality of Advice Final Report yesterday and...

09 February 2023 • By Philip King

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Appointments

One of ‘top 100 most influential women’ joins CA ANZ board

The New Zealand company director and government adviser will provide a wealth of additional experience, says the...

09 February 2023 • By Josh Needs

Regulation

Getting advice from accountants will be easier: QAR final report

But it finds no reason to exclude accountants from the regulatory framework.

08 February 2023 • By Philip King

Technology

KPMG acquires Adelaide SAP firm Think180

The agreement adds 30 people to the firm’s existing SAP team furthering its capabilities.

08 February 2023 • By Josh Needs

Business

RBA rate increase driven by high December CPI

UPDATED: Economists say the bank wants to see “sustained evidence of a cooling economy” before pressing pause.

08 February 2023 • By Josh Needs

Regulation

ATO cracks down on international money moves into Australia

Taxpayers should plan carefully when bringing funds into the country to avoid suspicion, says tax specialist.

08 February 2023 • By Josh Needs

Technology

Specialist forum aims to help accountants get quick answers

Online site sets up a resource for tax professionals to connect with their peers and share expertise.

08 February 2023 • By Philip King

Business

RBA reveals first interest rate decision for the year

The Reserve Bank of Australia has announced its decision on the cash rate following a significant annual increase in...

07 February 2023 • By Josh Needs

Regulation

Wesfarmers’ subsidiaries to back pay over $4.8m

Nine ancillary firms have entered into an enforceable undertaking after underpaying more than 3,400 employees.

07 February 2023 • By Josh Needs

Appointments

CA ANZ students now qualify for fee assistance scheme

The body’s graduate diploma courses have been recognised under the Fee-Help program, which subsidises study loans.

07 February 2023 • By Philip King

Technology

Does ChatGPT have any of the answers for accounting?

Bot and AI systems should be exploited by practices to improve efficiency, say experts.

07 February 2023 • By Josh Needs

Tax

S100A rules to ‘double the price’ of trust distribution work

A sequence of documents will be required to avoid raising red flags with the ATO, says Change GPS.

07 February 2023 • By Philip King

Business

Small business relying more heavily on accountants: Xero

Survey finds more practices support their clients with wide-ranging advice as a result of deeper ties forged during...

07 February 2023 • By Philip King

Business

Better the devil you know for employees with recession fears

Economic uncertainty is causing staff to strive for promotion with their current employer rather than look elsewhere.

07 February 2023 • By Josh Needs

Appointments

Accountants ‘slowest’ to dip toes in offshore staff market

Unwarranted concerns about data security mean tax agents are missing a trick compared with other finance...

06 February 2023 • By Philip King

Tax

ATO plans publicity campaign for final WFH guidance

More demanding record-keeping requirements in the November draft have been in place since 1 January.

06 February 2023 • By Philip King

Business

‘Values-based capitalism’ needs quid pro quo for business

For banks and super to support a social impact fund, the Treasurer must ensure the private sector can still meet its...

03 February 2023 • By Josh Needs

Regulation

AFP swoops on $150m money laundering operation

Nine charged in Sydney raids for allegedly filtering the proceeds from international crime on an “industrial scale”.

03 February 2023 • By Philip King