Business

KPMG expands environmental award for start-ups

Five finalists will get $250,000 worth of KPMG services with the winner receiving a $100,000 prize.

11 April 2023 • By Josh Needs

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Super

SMSF body develops excess member balance tax calculator

Debate continues around the calculation method for the government’s proposed tax on accounts exceeding $3 million, but...

11 April 2023 • By Keeli Cambourne

Business

Potential downturn ‘could be fatal for one-third of SMEs’

A recession could be a knockout blow for businesses rebounding from the pandemic, says a research firm.

11 April 2023 • By Josh Needs

Regulation

Limited licence advisers ‘an endangered species’

Numbers will drop into double digits this year, according to Adviser Ratings.

11 April 2023 • By Jessica Penny

Regulation

ASIC sues Auto & General alleging unfair contracts

The regulator says a requirement by the insurer imposes an “unclear obligation” that could “mislead or confuse”.

06 April 2023 • By Philip King

Regulation

For some, greenhushing means it’s all quiet on the climate front

As ASIC and the ACCC enforce stricter guidelines around greenwashing, many businesses are backtracking on...

06 April 2023 • By Josh Needs

Technology

BGL supplies simple SMSF reporting with accountantsGPS integration

The collaboration will provide clients with a comprehensive analysis of a fund’s compliance and financial situation,...

06 April 2023 • By Josh Needs

Business

RBA decision ‘welcome relief’, say experts

The first rate pause after a year of increases will give the bank time to assess the full effect of previous rises.

05 April 2023 • By Josh Needs

Tax

ATO calls on accountants to ensure smooth FBT returns

As the lodgment date looms, the Tax Office delivers an A to Z on FBT.

05 April 2023 • By Josh Needs

Regulation

Insolvent financial firms put $692m of claims in limbo, AFCA reveals

The compensation scheme of last resort will be crucial for almost 5,000 complaints on hold due to company wind-ups.

05 April 2023 • By Philip King

Business

RBA reveals landmark April interest rate decision

The RBA has announced its cash rate decision following consecutive rate rises to start the year.

04 April 2023 • By Josh Needs

Appointments

William Buck fast-tracks audit specialist to director

The firm’s Victorian branch boosts its team in a complex area during “challenging times”.

06 April 2023 • By Philip King

Business

‘Accountants key’ to meeting tighter ESG rules

Companies will look to tax professionals to help them achieve greater sustainability levels required by increasing...

05 April 2023 • By Josh Needs

Technology

$19m digital advice program aims to move small businesses online

Three suppliers have been named for round two of government’s subsidised technology assistance scheme.

04 April 2023 • By Philip King

Regulation

Seafood labelling regime ‘huge burden’ on hospitality

The small business ombudsman says proposed country-of-origin rules would be a nightmare in practice.

04 April 2023 • By Philip King

Technology

BGL provides automated crypto data with Syla

The integration will make it easier for accountants facing increased crypto compliance measures as digital currency...

04 April 2023 • By Josh Needs

Regulation

Fraudulent SME business insurer sentenced to nearly three years in jail

The dishonest actor obtained almost $100,000 by providing invalid insurance to small businesses.

04 April 2023 • By Josh Needs

Regulation

Two jailed for separate multi-million dollar tax fraud schemes

Joint ATO-AFP taskforce results in prison for fake BAS lodgements and the first jail term for alleged members of an...

03 April 2023 • By Philip King