Business

ATO confirms update to foreign ownership register

The expanded register includes a renovated online services system for foreign investors and their authorised...

21 April 2023 • By Josh Needs

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Regulation

Melbourne director jailed for $1m investment fraud

Air-conditioning inventor falsely claimed BHP as a customer to con money from investors.

20 April 2023 • By Philip King

Regulation

CBA faces heavy fines after admitting years of staff underpayments

The Fair Work Ombudsman (FWO) says the bank knew about the wage shortfalls so the offence qualifies as a serious...

20 April 2023 • By Josh Needs

Business

HR chief quits, EY partners told to ‘draw up lists’

Firm repeats a denial that it plans redundancies as senior executive exits “voluntarily” without another job.

20 April 2023 • By Philip King

Business

Most employers support four-day week, with SMEs leading the way

More than one-third expect the change in the next five years with flexibility a top priority for staff, according to...

20 April 2023 • By Josh Needs

Appointments

Former chef and insolvency veteran joins Jirsch Sutherland

The appointed principal will focus on the firm’s support to regional areas and the opening of a Gold Coast office.

20 April 2023 • By Josh Needs

Business

Brisbane accountant achieves push-up world record

After performing 3,206 push-ups in an hour, the Evergent founder and chief executive wants to do more.

19 April 2023 • By Josh Needs

Business

EY Australia staff in job cuts firing line

Hundreds could go as a result of the millions spent on failed Project Everest, sources say.

19 April 2023 • By Philip King

Business

Wage theft law ‘will do nothing to help underpaid’

Proposed changes to workplace legislation would place an additional burden on business, says Ai Group chief executive.

19 April 2023 • By Josh Needs

Business

Small businesses need hands-on help with cyber security

Firms confront too much information but insufficient practical guidance when it comes to digital lockdown, says COSBOA.

19 April 2023 • By Josh Needs

Business

‘Unnecessary’ RBA rises tip economy towards recession: Deloitte

The firm says bank’s measures will see the fewest construction starts in more than a decade.

18 April 2023 • By Josh Needs

Tax

Give $3m-plus super balances free rein to restructure: NTAA

Tax-free, age-unrestricted withdrawals should be allowed before the extra tax is imposed, says accounting body.

18 April 2023 • By Philip King

Super

ASIC bans director for illegal super access schemes

Websites run by the Gold Coast man promoted using retirement funds for buying a home or paying down debt.

17 April 2023 • By Philip King

Business

More flexible parental leave ‘could hobble small business’

Ad hoc days off or minimum notice periods would make the proposals unworkable, says sector representative body COSBOA.

18 April 2023 • By Josh Needs

Technology

Small business scam losses almost double in 2022

Small and micro businesses lost $13.7 million to scams last year, with payment redirection scams accounting for the...

18 April 2023 • By Miranda Brownlee

Regulation

Cleaning firm penalised over $120k for exploiting visa workers

The FWO found the company had underpaid two visa holders and provided false records to investigators.

18 April 2023 • By Josh Needs

Regulation

Rid nation of money laundering stain, Canberra told

Dirty money hurts everyone and the second tranche of legislation is now long overdue, says software specialist First...

17 April 2023 • By Philip King

Tax

Trust in eligibility checklist when it comes to MITs, ATO warns

The ATO will be notifying accountants where an ineligible trust type has wrongly claimed status.

17 April 2023 • By Philip King