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Regulation

ASIC disqualifies director for three failed companies owing $6.6m

Victorian man found to have lodged false documents to avoid personal liability for debt.
31 October 2022 • By Josh Needs

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Business

Space tech will transform ESG reporting, says EY

Satellite images can supply essential data for environmental and social compliance.
28 October 2022 • By Josh Needs
Regulation

ASIC levies first greenwashing penalty on energy company

The action is part of the commission actively monitoring the market and investigating, it says.
28 October 2022 • By Josh Needs
Technology

PayPal, BPAY dominate despite threat of buy now, pay later

Established digital payment methods hold their own against Afterpay and its peers, research shows.
27 October 2022 • By Josh Needs
Tax

Budget: ATO expected to reap $5.6bn from crackdown

Multinationals, the shadow economy, and individual taxpayers will be targeted thanks to an extra $1.5bn in funding.
27 October 2022 • By Philip King
Business

Budget: business applauds cash for childcare, TAFE, and mental health

Other welcome measures include additional skills migration and greater access to tertiary education, say private...
27 October 2022 • By Josh Needs
Regulation

ASIC bans two directors for failed companies, neglect of duties

Trio of Sydney container operations wind up owing almost $10m while Queenland landscape outfits fail with $500k debts.
27 October 2022 • By Philip King
Business

CPI leaps to 7.3% on rises in cost of food, fuel and housing

UPDATED: Inflation increases well ahead of expectations following a 1.8 per cent rise during the September quarter.
26 October 2022 • By Philip King and Jon Bragg
Technology

Medibank breach could compromise up to 4 million

UPDATED: Investigations by the health insurer have revealed the cyber hack accessed vast amounts of personal and...
26 October 2022 • By Philip King
Business

It pays to find the right model for financial advice

Avoid missteps and adding another discipline to your practice can boost revenue, says consulting specialist.
26 October 2022 • By Malavika Santhebennur
Regulation

White Sky partner stood down over alleged $1.5m discrepancies

Music industry accounting firm says four to five artists could be affected by alleged misuse of client funds.
26 October 2022 • By Josh Needs
Tax

Budget: what it means for the tax profession

UPDATED: Accounting firms and organisations offer their verdicts on the first test of Labor’s economic credentials.
25 October 2022 • By Philip King
Business

Budget: all the key points you need to know

UPDATED: A rundown of the main measures that will impact accountants and small business.
25 October 2022 • By Josh Needs
Business

Accounting gets tiny share of 20,000 extra fee-free courses

Education and health get the lion’s share of additional places in scheme to tackle skills shortage.
25 October 2022 • By Josh Needs
Super

Budget ‘must address NALI rules, simplify super’

As cost of living pressures continue to rise along with inflation and interest rates, reform to superannuation is...
25 October 2022 • By Josh Needs
Regulation

CA ANZ pay vote ‘a chance to channel frustration’

Assess the 15.8 per cent rise against body’s own strategic goals, two high-profile members say.
25 October 2022 • By Philip King
Business

AICPA, CIMA to hold inaugural Asia-Pacific conference

The event will bring accounting and finance professionals together to discuss issues facing the industry.
25 October 2022 • By Josh Needs
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Business

Sole traders cut back super, work longer hours

Rising costs and extra paperwork has hit work-life balance for independent earners, specialist accountancy says.
24 October 2022 • By Josh Needs