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Budget: business applauds cash for childcare, TAFE, and mental health
Other welcome measures include additional skills migration and greater access to tertiary education, say private sector leaders.
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ASIC bans two directors for failed companies, neglect of duties
Trio of Sydney container operations wind up owing almost $10m while Queenland landscape outfits fail with $500k debts.
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CPI leaps to 7.3% on rises in cost of food, fuel and housing
UPDATED: Inflation increases well ahead of expectations following a 1.8 per cent rise during the September quarter.
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Medibank breach could compromise up to 4 million
UPDATED: Investigations by the health insurer have revealed the cyber hack accessed vast amounts of personal and health data.
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It pays to find the right model for financial advice
Avoid missteps and adding another discipline to your practice can boost revenue, says consulting specialist.
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White Sky partner stood down over alleged $1.5m discrepancies
Music industry accounting firm says four to five artists could be affected by alleged misuse of client funds.
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Budget: what it means for the tax profession
UPDATED: Accounting firms and organisations offer their verdicts on the first test of Labor’s economic credentials.
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Budget: all the key points you need to know
UPDATED: A rundown of the main measures that will impact accountants and small business.
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Accounting gets tiny share of 20,000 extra fee-free courses
Education and health get the lion’s share of additional places in scheme to tackle skills shortage.
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Budget ‘must address NALI rules, simplify super’
As cost of living pressures continue to rise along with inflation and interest rates, reform to superannuation is vital, says CA ANZ.
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CA ANZ pay vote ‘a chance to channel frustration’
Assess the 15.8 per cent rise against body’s own strategic goals, two high-profile members say.
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AICPA, CIMA to hold inaugural Asia-Pacific conference
The event will bring accounting and finance professionals together to discuss issues facing the industry.
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Sole traders cut back super, work longer hours
Rising costs and extra paperwork has hit work-life balance for independent earners, specialist accountancy says.
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Global ESG standards ‘a stretch target for ASX200’
Many companies need to improve their measurement of risks in hitting sustainability goals, says PwC.
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Christmas ‘crunch time for economy, inflation outlook’
It will take until next year — and further rate rises — until demand drops and inflation flattens out, says HLB Mann Judd.
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ATO to target individual taxpayers over $8bn shortfall
Work expenses, omitted income, and rental claims will come in for extra scrutiny to narrow the tax gap.
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ATO relaxes lodgment deadlines for flood-hit zones
With four different states facing catastrophic flooding, the Tax Office has revived previous support schemes.
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Over half of SMSF directors yet to apply for director ID
Directors of corporate trustees for SMSFs will need an ID by 30 November.
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Small business debt and tax gap at top of ATO hit list
Second Commissioner says the sector is the biggest culprit and digitisation will be key to bringing it around.
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Budget to focus on inflationary pressures, cost of living: Treasurer
Next Tuesday also introduces a wellbeing budget to report on health, climate impacts, and child poverty.
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