Business

‘Migrants vital’ to meet demand for 10,000 extra accountants a year

Australia needs to rethink its attitudes to skilled migration and get rid of caps, say accounting associations.

12 January 2023 • By Josh Needs

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Super

ATO updates TBAR guidance ahead of new time frames

The ATO is encouraging all SMSFs to start lodging reports for events on a quarterly basis now with the new streamlined...

11 January 2023 • By Josh Needs

Business

Cyber specialists to be in the greatest demand in 2023

The labour bubble will deflate rather than burst with some professional roles to still face shortages, says Robert Half.

11 January 2023 • By Josh Needs

Appointments

COSBOA CEO resigns after 18 months

The resignation comes after deputy opposition leader Sussan Ley called for the organisation to consider the position...

11 January 2023 • By Josh Needs

Business

55,000 Victorian workers registered for Sick Pay Guarantee

The $245 million taxpayer-funded pilot program has supported over 80,000 claims so far, says the government.

10 January 2023 • By Keeli Cambourne

Regulation

ASIC’s FAR to show whether advisers can provide tax advice

ASIC’s FAR will display whether a financial adviser can provide tax (financial) advice services from next month.

10 January 2023 • By Josh Needs

Technology

Hackers hit crypto exchanges for over $2bn in 2022

The industry’s open-source environment has led it to be targeted aggressively by hackers, says expert.

10 January 2023 • By Josh Needs

Business

‘Fundamentals of running a business’ the 12-month focus: KPMG

Challenging economic and operating conditions has business leaders looking for ways to grow and increase revenue, says...

09 January 2023 • By Josh Needs

Regulation

ASIC issues infringement notices to energy company for greenwashing

An energy company has come under fire from the Australian Security and Investments Commission for allegedly...

09 January 2023 • By Keeli Cambourne

Business

Time for action on loan letters, professional bodies told

Members say their representatives should be doing more to prevent banks putting accountants on the spot.

06 January 2023 • By Philip King

Business

Top accountant ‘the key to success’ for start-ups

A record number of fresh firms are expected in 2023 and having the right financial processes in place will be critical...

06 January 2023 • By Josh Needs

Super

ATO raises alarm over SMSF asset protection schemes

Arrangements that involve a Vestey Trust may contravene super laws, the office says.

09 January 2023 • By Miranda Brownlee

Business

Insurance hikes could cripple households and small business

Research shows huge premium increases are on the way and those in northern Australia are already paying well above...

06 January 2023 • By Keeli Cambourne

Regulation

Productivity Commission review part of revitalising economy: Treasurer

The government says the body will maintain its role as a crucial source of independent advice.

05 January 2023 • By Josh Needs

Technology

Recruitment scams cost Aussies $8.7m, says ACCC

Young job seekers are especially vulnerable and are being targeted by fraudsters, the regulator warns.

05 January 2023 • By Keeli Cambourne

Business

Loan letters a legal minefield, accountants warned

CA ANZ says members should resist pressure from clients and decline requests for finance letters.

05 January 2023 • By Philip King

Regulation

Foreign investors face greater punishment for breaches

The increased fines will provide an additional $2.3 million in revenue and ensure the housing market works as...

04 January 2023 • By Josh Needs

Business

Aussies ‘will put financial health first in 2023’

Bank surveys reveal a willingness to sacrifice spending on travel, fashion, and eating out.

04 January 2023 • By Keeli Cambourne