Appointments

EY strengthens data and analytics capability through an acquisition

The move will assist the firm as it strives to become “the world’s leading transformation consultants”, it says.

22 November 2022 • By Josh Needs

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Technology

ATO will add security layer to agent linking

Second commissioner Jeremy Hirschhorn says nobody can afford complacency in the wake of Optus and Medibank hacks.

21 November 2022 • By Philip King

Regulation

FWO acts against three food outlets for underpaying staff

Two Queensland shops are fined over $40,000 while a third faces court.

21 November 2022 • By Josh Needs

Business

Jobless rate returns to record low 3.4%

The strengthening labour market could result in further rate rises from the RBA, says economist.

18 November 2022 • By Josh Needs

Regulation

Labor ‘has appetite for bold reform’ on advice rules

The industry is in transition, the Assistant Treasurer says, and must focus on the needs of Australians.

18 November 2022 • By Philip King

Regulation

ATO will take softly-softly approach to policing director IDs

The Registrar says it will reserve most enforcement action relating to director IDs for more egregious cases of...

18 November 2022 • By Miranda Brownlee

Business

Anxious Aussie FTX investors await creditor meeting for clarity

The extent of local losses on the crypto exchange should be known next week following urgent action by administrator...

18 November 2022 • By Josh Needs

Tax

Buyback law closes loophole ‘but franking credits here to stay’

Assistant Treasurer guarantees dividend imputation scheme but says off-market share buybacks exploit a loophole that...

17 November 2022 • By Philip King

Business

Bosses fret over skills, yet few staff feel properly trained

A huge disconnect exists between the perceptions of employers and employees about learning and how they approach it.

17 November 2022 • By Keonia Swift

Technology

Local tech sector has promising future, says RSM Australia

The technology industry can move past its immediate challenges to embrace post-pandemic opportunities, report finds.

17 November 2022 • By Josh Needs

Business

Accountants globally come together to face industry challenges

Two global conventions for tax professionals this week aim to influence its future.

17 November 2022 • By Josh Needs

Technology

Wise Platform launches expedited payment system with Deel

The feature will cut out 80 per cent of admin required for employers to finalise their payroll payments, the companies...

17 November 2022 • By Josh Needs

Tax

Crypto a ‘minefield’ of tax and regulation

Watch your step when dealing with digital assets and follow the ATO guidelines, accountants warned.

16 November 2022 • By Malavika Santhebennur

Regulation

ATO ditches November ID deadline for resigned directors

Draft legislation narrows the scope of the number scheme following criticism that it cast the net too wide.

16 November 2022 • By Philip King, Miranda Brownlee

Business

Small business must be ruthless over payments: CreditorWatch

All signs point to a downturn, the agency says, and SMEs are in the front line.

16 November 2022 • By Philip King

Appointments

Xero appoints tech high-flyer as next CEO

Sukhinder Singh Cassidy takes over from retiring Steve Vamos in February.

16 November 2022 • By Josh Needs

Super

Scrap SMSF auditor registration fee: accounting bodies

Draft legislation proposing to raise the charge 14 per cent risks discouraging applications, they say.

16 November 2022 • By Miranda Brownlee

Technology

MYOB and Figured launch agribusiness integration

The two combine to deliver a comprehensive accounting and production tracking system for the farming sector.

16 November 2022 • By Josh Needs