Business

Brace yourselves for joyless Christmas, business warned

The latest data from CreditorWatch shows trade receivables and other key indicators going down, and a bleak outlook...

15 December 2022 • By Philip King

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Business

Mental health ‘stigma’ means small business slow to seek help

More than one in four are diagnosed with an issue but almost half believe it counts against them, report finds.

15 December 2022 • By Keeli Cambourne

Regulation

Director ID scheme fails to sign up 1 in 5

Extended deadline does little to encourage applications and ATO refuses to publish the final tally.

14 December 2022 • By Philip King

Regulation

Small business calls for overhaul of insolvency laws

ASBFEO says complex and expensive administration procedures fail small businesses facing crises they cannot control.

14 December 2022 • By Keeli Cambourne

Business

Grant Thornton to trial 9-day fortnight in March

The current system is broken, CEO says, and a successful pilot would help reduce staff stress and attract recruits.

14 December 2022 • By Josh Needs

Business

PwC Australia offers athletes a head start in post-sport career

Six sportspeople, including a Commonwealth games silver medalist, will complete the inaugural 12-week course.

16 December 2022 • By Josh Needs

Tax

Raids stop $33m in tax avoidance, ATO claims

Charges are pending following an operation with the Australian Federal Police (AFP) that uncovered 70 sales systems...

13 December 2022 • By Josh Needs

Tax

100A ruling leaves trust decisions haunted by ‘uncertainty’

The ATO fails to resolve the key question of what constitutes “ordinary family and commercial dealing”, tax...

13 December 2022 • By Philip King

Business

‘Identify your most valuable clients – and sack the rest!’

Diversifying, better communication and being unafraid of raising prices are key to lifting profits says a marketing...

13 December 2022 • By Philip King

Business

Turn your office green 'or workers will stay at home’

Businesses need to increase workplace sustainability to entice staff back, according to Workspaces CEO.

15 December 2022 • By Josh Needs

Business

Local FTX creditors will need patience: KordaMentha

After meeting with its US counterparts, the Australian administrator says understanding the data is a huge challenge.

12 December 2022 • By Josh Needs

Regulation

FWO fines farms almost $80,000 for payslip breaches

Recent revisions to the award should have consigned handwritten timesheets to the past, the Fair Work Ombudsman says.

12 December 2022 • By Josh Needs

Business

ATO seizes over 270k illicit cigarettes from Queensland retailers

The action was part of the Tax Office’s crackdown on the $8 billion shadow economy.

12 December 2022 • By Josh Needs

Business

Decision on RBA board to come mid-2023, says Treasurer

The make-up of the bank and the governor’s tenure will be decided after the government receives its review.

09 December 2022 • By Josh Needs

Business

Accounting industry gives cautious thumbs-up to final s100A ruling

It could be “like having the ATO at the kitchen table” according to CA ANZ, but most find TR 2022/4 a “significant...

09 December 2022 • By Josh Needs

Appointments

Bosses warned: be wary of forcing workers back to the office

Two-thirds would look for another job, according to a survey by global payroll specialist ADP.

09 December 2022 • By Keeli Cambourne

Super

ASIC announces major changes to SMSF advice guidance

The corporate regulator has revised previous guidelines concerning minimum balances for SMSFs.

09 December 2022 • By Miranda Brownlee

Business

ATO issues final ruling on changes s100A

The decision comes after accountants had to rely on basic guidance for 30 June deadlines.

08 December 2022 • By Josh Needs