Tax
Have yourself an FBT-free Christmas
It’s fine to throw a work party and buy staff presents but give the Cartier watches a miss, say accounting bodies.
01 December 2022 • By Josh Needs
Business
Businesses must be financially fit to ward off risks: CreditorWatch
01 December 2022 • By Josh Needs
Regulation
ABRS extends director ID deadline by 2 weeks
30 November 2022 • By Miranda Brownlee
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Business
CPI figure out for October
Prices for essentials such as fuel, construction, and fresh produce all increase rapidly.
30 November 2022 • By Josh Needs
Business
First criminal wage theft charges lodged under Victorian act
Action under Victorian state law can result in up to 10 years imprisonment and fines of $1.1 million.
30 November 2022 • By Keonia Swift
Business
ASIC shareholder engagement just a ‘tick-a-box’ exercise: CPA
The body says corporate insolvency and small business restructuring need reform post-pandemic.
30 November 2022 • By Josh Needs
Tax
What the FTX fallout means for accountants
The dramatic collapse of the crypto exchange has left around 30,000 Australians on the list of more than 1 million...
30 November 2022 • By Keeli Cambourne
Business
Credit card complacency ‘costs consumers thousands’
Accountants could help save their clients thousands of dollars a year simply by getting them to change their card...
30 November 2022 • By Keeli Cambourne
Business
Australian finalist wins global EY event
The bachelor of commerce student was selected for the London finals after winning the 2021 Oceania competition.
30 November 2022 • By Josh Needs
Business
Real wage growth now will push rates higher, warns Lowe
The RBA governor says a reduction in real wages is essential to keep the lid on inflation.
29 November 2022 • By Josh Needs
Appointments
First female CEO appointed to Office of Financial Management
The selection comes after her predecessor was nominated by the government to join the International Monetary Fund.
29 November 2022 • By Josh Needs
Super
Bill to lower downsizer age passes both houses
The bill to reduce the eligibility age for downsizer contributions down to age 55 has now passed the Senate and awaits...
29 November 2022 • By Miranda Brownlee
Business
Small breakaway firms are future of the profession
Disaffected millennials will challenge the established order and be a driving force for change, says Shaye Thyer of...
29 November 2022 • By Philip King
Tax
Firm profits allocation guide ‘a very blunt instrument’
PCG 2021/4 resolves the risk issue for just a small sliver of cases, says BDO tax partner.
28 November 2022 • By Philip King
Business
Clients have grown more demanding of accountants: KeyPay
The relationship has gone from transactional to trusted advisory in the face of tough financial conditions.
28 November 2022 • By Josh Needs
Regulation
Small business uneasy over IR bill, calls for more talks
COSBOA says time is needed to understand the full ramifications of the proposed law.
28 November 2022 • By Keeli Cambourne
Business
Accountants ‘miss a trick when it comes to sales’
The profession needs to unlearn the notion that public practice is poorly paid, says the head of accounting at Intuit...
28 November 2022 • By Philip King
Appointments
Data#3 appoints CFO from engineering company Cardno
Cherie O’Riordan will succeed the retiring Brem Hill in January.
25 November 2022 • By Keonia Swift
Business
Deliveroo quit ‘due to gig economy crackdown’
Business academic claims Labor’s threats to improve worker conditions were behind its exit from Australia.
25 November 2022 • By Josh Needs
Business
Xero business index falls due to slowing sales and job growth
The increased cost of living due to inflation has slowed growth but results are still better than one year ago.
25 November 2022 • By Josh Needs