Business

One in four big businesses takes 120 days to pay up

“Appalling” figures show SMEs are kept waiting four months or more.

15 November 2022 • By Philip King

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Technology

BzTrack launches B2C invoicing software for SMEs

One Adelaide company has developed a single sign-on platform aimed at helping small businesses tackle billing...

14 November 2022 • By Keonia Swift

Business

Construction industry next under ESG microscope

The construction sector was found to be responsible for approximately 40 per cent of global energy-related carbon...

14 November 2022 • By Josh Needs

Business

Insolvencies enter ‘unchartered waters’ during holiday break

Small businesses are feeling the pinch with construction and retail in critical territory, Insolvency Australia says.

14 November 2022 • By Philip King

Appointments

Internal mobility ‘magic ingredient’ for staff retention: LinkedIn

Financial service employees offered a promotion or opportunity are much more likely to stay at the firm, survey finds.

14 November 2022 • By Keeli Cambourne

Regulation

ASIC disqualifies four directors over 11 failed companies owing $20m

Bans range from two to four years for improper behaviour including phoenix activity.

11 November 2022 • By Josh Needs

Tax

Offspring living with parents miss out on 67c WFH rate

Paying “board” is a private arrangement says the ATO and cannot be used to claim the revised 67c fixed work-from-home...

11 November 2022 • By Philip King

Business

COSBOA joins demand for changes to IR bill

Business groups large and small have united to push back on the provisions despite a raft of government amendments.

11 November 2022 • By Keeli Cambourne

Appointments

AASB and AUASB appoint additional members

Both boards expand to cope with the extra responsibilities of ESG reporting.

11 November 2022 • By Josh Needs

Technology

Construction management software integrates with QuickBooks

The incorporation of cloud accounting packages will enable the business to further its growth, says NextMinute CEO.

10 November 2022 • By Josh Needs

Tax

WFH 67c fixed rate ‘opaque and too demanding’

Tax professionals slam the ATO’s revisions for their increased record-keeping requirements and say the rate leaves...

10 November 2022 • By Philip King

Business

Work/life balance, skills shortages main practice challenges

Accountants need to embrace technology and empower existing staff to overcome current obstacles, survey finds.

10 November 2022 • By Josh Needs

Technology

Hackers post sensitive Medibank data

UPDATED: Information on drug addiction and HIV results expose around 100 customers on the dark web.

09 November 2022 • By Josh Needs

Business

ASIC’s top 10 ways to sniff out fraud before it’s too late

Cryptocurrency scams cost a record $701 million last year and is rising fast, says the regulator.

09 November 2022 • By Keonia Swift

Business

Why accountants should learn to love the smashed avo generation

Millennials are the next wave of clients, says a demographer, so forget about their much-maligned breakfast habits!

09 November 2022 • By Malavika Santhebennur

Tax

Pensioner work scheme ‘will fail to ease skill shortage’

An ability to earn an extra $4,000 this year before losing benefits has insufficient time to make an impact,...

09 November 2022 • By Philip King

Regulation

Data-driven risk engines to police tax practitioners, says TPB

An increase in funding will allow enhanced analytics to crack down on agent compliance.

09 November 2022 • By Josh Needs

Business

Consumer sentiment plunges to recession levels

Four in 10 expect to cut Christmas spending, Westpac index shows, as inflation, rates and energy prices hit home.

09 November 2022 • By Philip King