Business

RBA announces October cash rate decision

The Reserve Bank has announced its interest rate decision for October as it looks to dampen the surging inflation rate.

04 October 2022 • By Josh Needs

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Business

Nine accountancy firms make Australia’s top 500

Private companies ranked by revenue reveal a sprinkling of the largest tax services professionals.

04 October 2022 • By Philip King

Tax

Accounting bodies welcome Palaszczuk backflip on land tax

Tax professionals unite in condemning Queensland’s “misguided revenue grab”.

03 October 2022 • By Philip King

Regulation

Call to adopt EU data regs as Optus reputation dives

Lawyers say tougher penalties are appropriate while the telecom is already paying a huge reputational price.

30 September 2022 • By Philip King

Regulation

Insolvency body welcomes ‘overdue’ review of bankruptcy laws

Personal and corporate insolvency regimes should merge to reduce cost and complexity, says ARITA.

04 October 2022 • By Philip King

Technology

Australia reclaims digital rank, but marked down for cyber security

The government should do more to help small businesses adopt technology, says CPA Australia.

04 October 2022 • By Josh Needs

Appointments

BDO recruits three partners away from rivals

Melbourne and Sydney newcomers bring experience at EY, KPMG and Pitcher Partners.

04 October 2022 • By Josh Needs

Tax

ATO’s digital drive has global dimension, says Commissioner

Forum on Tax Administration doubles down on international co-operation in 20th anniversary session in Sydney.

30 September 2022 • By Philip King

Tax

Palaszczuk dumps controversial land tax

The Queensland premier has dropped the land tax revisions that calculate liability by including holdings in other...

30 September 2022 • By Philip King

Business

PwC bumps paid parental leave to 26 weeks

The firm broadens the entitlement so that both parents qualify for the more generous allowance.

03 October 2022 • By Josh Needs

Appointments

Pitcher Partners promotes two experienced staffers

Long-time employees earn elevation to partner and bolster the firm’s corporate finance team.

03 October 2022 • By Josh Needs

Regulation

Dead and resigned directors caught in ID requirement net

Directors have been warned that requirements to obtain a director ID apply to resigned or deceased directors in some...

30 September 2022 • By Miranda Brownlee

Regulation

TPB deregisters tax agent after fraud conviction

The agent gave false information in an attempt to obtain a $1.16 million loan and failed to disclose his sentence to...

30 September 2022 • By Josh Needs

Regulation

Seqwater forced to back-pay staff more than $7m

South-East Queensland water utility has entered an enforceable undertaking with the FWO after short-changing almost...

30 September 2022 • By Josh Needs

Regulation

Auditor Proud Day toasts the profession with tea and cupcakes

It’s a time to reflect on the challenges and embrace a pivotal role in sustainability, say leaders.

29 September 2022 • By Philip King

Business

Accountants still in ‘quandary’ over ATO’s 100A

Decisions around trust distributions were made under a cloud of ambiguity by 30 June as 100A had not provided clarity,...

29 September 2022 • By Malavika Santhebennur

Appointments

Auditors must change ‘colourless image’ to stem declining numbers

A traditional profession with over-complex regulations or exciting and vibrant chance to experience the world?

29 September 2022 • By Philip King

Super

SMSF crypto assets soar to over $1bn

Cryptocurrency assets held in SMSFs have seen more than a fivefold increase in the past two years, according to recent...

28 September 2022 • By Miranda Brownlee