Regulation

Qld small builders face steep rise in compliance costs

State regulations that require reports when financial circumstances change must now meet tighter accounting standards.

06 September 2022 • By Philip King

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Business

RBA announces fifth interest rate rise

The Reserve Bank has announced another interest rate rise this month in an attempt to combat inflation.

06 September 2022 • By Josh Needs

Appointments

‘Devil in the detail’ of extra skilled migrant scheme

It’s unclear how far expansion of the scheme will solve the talent shortage in accounting, says CPA Australia.

06 September 2022 • By Philip King

Business

NSW and building industry lead nation into insolvency

The latest data shows wind-ups on the way back to pre-pandemic levels.

05 September 2022 • By Philip King

Appointments

WAIS recruits fifth registered liquidator in Cliff Rocke

The Western Australian insolvency outfit strengthens its team with wind-up and restructuring specialist.

06 September 2022 • By Philip King

Business

‘Shout from the hilltops how hard you work’, award winner tells women

A mortgage broker has urged women to enter the Women in Finance Awards to gain recognition, attract new business, and...

05 September 2022 • By Malavika Santhebennur

Appointments

‘Make accounting sexy!’ to solve skill drought

Attracting more students to the profession is key to solving the number one issue for business, says Nexia partner.

05 September 2022 • By Josh Needs

Regulation

Raised migration cap, smoother visas two wins for accounting

Representatives from the profession at the Jobs Summit emerged cautiously optimistic.

02 September 2022 • By Philip King

Regulation

Restaurant owner sentenced to five years’ jail for GST fraud

The South Australian man was found guilty of obtaining over $600,000 in refunds.

05 September 2022 • By Josh Needs

Regulation

Disability services provider forced to back-pay over $3m

The business was found to have short-changed almost 400 employees over six years.

05 September 2022 • By Josh Needs

Regulation

Grant Thornton charged with audit failure of iSignthis

The accounting firm faces five charges under the Corporations Act and more than $250,000 in fines.

01 September 2022 • By Josh Needs

Tax

Stage three tax cuts ‘pointless without system overhaul’

Politicians have lost sight of the main problem: a broken and unsustainable revenue model, says the Tax Institute.

02 September 2022 • By Josh Needs

Business

Jobs summit $1.1bn boost for TAFE ‘just one piece of puzzle’

Training, workforce participation and skilled migration will be the focus of day two agenda.

02 September 2022 • By Philip King

Appointments

Mazars appoints lead managing partner of Sydney office

Accounting Awards Partner of the Year promoted after 20 years with the firm.

02 September 2022 • By Josh Needs

Regulation

Public must be told of tax agent sanctions, says AAT

A tax agent receives a stay from termination of his registration but must inform his clients.

01 September 2022 • By Josh Needs

Regulation

ASIC cautions brokers around precarious offers to investors

The corporate regulator has issued a warning to trading platforms offering high-risk products to retail investors.

01 September 2022 • By Josh Needs

Regulation

Skills crisis ‘needs triple-pronged policy shift’

Accountants call for action across immigration, training, and workforce participation.

01 September 2022 • By Philip King

Regulation

Skilled migration system ‘unfit for purpose’

An immediate reset is required to address talent shortfall, says policy think tank.

01 September 2022 • By Philip King