Regulation

Payment redirection scams cost SMEs $7m, warns ASIC

Small and microbusinesses were hit hardest by the swindles in 2021.

27 July 2022 • By Josh Needs

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Business

Skills shortage driving SMEs to the brink, says Insolvency Australia

With supply chain problems and rising inflation, an inability to find workers is the last straw for many.

26 July 2022 • By Josh Needs

Regulation

Two food outlets fined for underpaying casuals

The FWO secures penalties against hospitality businesses during focus on vulnerable workers.

26 July 2022 • By Philip King

Business

NLG launches broker-accountant alliance

Following an 18-month pilot, the scheme offers three levels of collaboration to diversify.

25 July 2022 • By Philip King

Regulation

ASIC extends deadline for unlisted entity financial reports

Before taking up the extension consider your company’s position and obligations, cautions the regulator.

26 July 2022 • By Josh Needs

Technology

BGL to accept crypto as payment

Digital currency can now be used for subscriptions to the company’s management software.

26 July 2022 • By Josh Needs

Regulation

Why accounting framework is a useful catalyst to shake up advice model

The proposal was put forward in a Quality of Advice Review (QAR) submission to Treasury.

25 July 2022 • By Neil Griffiths

Tax

Tax cheat dobbers plummet post-pandemic

Concerns over COVID relief fraud bolstered tip-off numbers for two years.

25 July 2022 • By Josh Needs

Business

Avoid capacity-to-pay letters, warns CPA Australia

Accountants could face repercussions if they sign these letters and the business or individual defaults.

25 July 2022 • By Josh Needs

Business

Country practices top targets for takeover

Businesses looking to expand through acquisition set their sights on regional accountants, says NAB

22 July 2022 • By Josh Needs

Business

Cash flow gap plagues 90% of SMEs

An average small businesses spends four months a year with more outgoings than receipts, finds report.

22 July 2022 • By Philip King

Tax

ATO reaches $1bn settlement with Rio Tinto

Outcome in the 10-year dispute is a win for the Task Avoidance Taskforce, the Tax Office says.

22 July 2022 • By Josh Needs

Regulation

Outraged CA ANZ member plans AGM assault on board

A showdown looms at the October meeting over the positions of chair and CEO.

22 July 2022 • By Philip King

Technology

Eightcap selects BlackLine to increase automation

The upgrade will improve the company’s efficiency and effectiveness, says group finance manager.

21 July 2022 • By Josh Needs

Business

Effective leadership the key to staff retention and attraction

Employee satisfaction hinges on the quality of management, according to the Evolution of Leadership Report 2022.

22 July 2022 • By Josh Needs

Technology

Koinly partners with Cointree on crypto

Digital currency tax tool and Australian exchange integrate to streamline crypto returns.

21 July 2022 • By Josh Needs

Business

Treasurer announces review into the RBA’s monetary policy

The inquiry comes after criticism the bank misjudged the pace of inflation.

21 July 2022 • By Josh Needs

Tax

Queensland to slug landowners Australia-wide

Revised levy adds interstate holdings into land tax calculation.

21 July 2022 • By Philip King