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Regulation

Director ID scheme fails to sign up 1 in 5

Extended deadline does little to encourage applications and ATO refuses to publish the final tally.
14 December 2022 • By Philip King

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Business

PwC Australia offers athletes a head start in post-sport career

Six sportspeople, including a Commonwealth games silver medalist, will complete the inaugural 12-week course.
16 December 2022 • By Josh Needs
Tax

Raids stop $33m in tax avoidance, ATO claims

Charges are pending following an operation with the Australian Federal Police (AFP) that uncovered 70 sales systems...
13 December 2022 • By Josh Needs
Tax

100A ruling leaves trust decisions haunted by ‘uncertainty’

The ATO fails to resolve the key question of what constitutes “ordinary family and commercial dealing”, tax...
13 December 2022 • By Philip King
Business

‘Identify your most valuable clients – and sack the rest!’

Diversifying, better communication and being unafraid of raising prices are key to lifting profits says a marketing...
13 December 2022 • By Philip King
Business

Turn your office green 'or workers will stay at home’

Businesses need to increase workplace sustainability to entice staff back, according to Workspaces CEO.
15 December 2022 • By Josh Needs
Business

Local FTX creditors will need patience: KordaMentha

After meeting with its US counterparts, the Australian administrator says understanding the data is a huge challenge.
12 December 2022 • By Josh Needs
Regulation

FWO fines farms almost $80,000 for payslip breaches

Recent revisions to the award should have consigned handwritten timesheets to the past, the Fair Work Ombudsman says.
12 December 2022 • By Josh Needs
Business

ATO seizes over 270k illicit cigarettes from Queensland retailers

The action was part of the Tax Office’s crackdown on the $8 billion shadow economy.
12 December 2022 • By Josh Needs
Decision on RBA board to come mid-2023, says Treasurer 
Business

Decision on RBA board to come mid-2023, says Treasurer

The make-up of the bank and the governor’s tenure will be decided after the government receives its review.
09 December 2022 • By Josh Needs
Accounting industry gives cautious thumbs up to final s100A ruling
Business

Accounting industry gives cautious thumbs-up to final s100A ruling

It could be “like having the ATO at the kitchen table” according to CA ANZ, but most find TR 2022/4 a “significant...
09 December 2022 • By Josh Needs
Appointments

Bosses warned: be wary of forcing workers back to the office

Two-thirds would look for another job, according to a survey by global payroll specialist ADP.
09 December 2022 • By Keeli Cambourne
Super

ASIC announces major changes to SMSF advice guidance

The corporate regulator has revised previous guidelines concerning minimum balances for SMSFs.
09 December 2022 • By Miranda Brownlee
Business

ATO issues final ruling on changes s100A

The decision comes after accountants had to rely on basic guidance for 30 June deadlines.
08 December 2022 • By Josh Needs
KPMG nurtures local start-ups to solve post-pandemic problems
Business

KPMG nurtures local start-ups to solve post-pandemic problems

The Future Technology Program will strive to support innovative businesses looking to tackle the most pressing...
14 December 2022 • By Josh Needs
Last one out for Christmas please arm the alarm!
Business

Last one out for Christmas please arm the alarm!

Ensure physical files are locked away and log out of all devices before heading on holiday, say the ATO and CPA...
19 December 2022 • By Josh Needs
Pessimistic CFOs fret over cyber risks, ESG and economy: Deloitte
Business

Pessimistic CFOs fret over cyber risks, ESG and economy: Deloitte

Survey finds rising uncertainty and concerns over hacker threats and environmental pressures.
13 December 2022 • By Josh Needs
Business

Business, industry welcome review into payment times reporting

Suppliers rely on certainty that bills will be paid promptly within the 30-day limit, they say.
08 December 2022 • By Keeli Cambourne