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

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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

Business

Help on hand for flood-hit small businesses

It can be tricky navigating the support schemes and assistance available, but the Small Business Debt Helpline has...

09 November 2022 • By Josh Needs

Business

Anxiety worst for women, renters, poorly paid: wellbeing barometer

NAB survey shows most households believe they will be worse off in 12 months.

08 November 2022 • By Keeli Cambourne

Business

Scam losses could hit $4 billion, ACCC warns

With attacks up 90 per cent, small businesses are urged to recognise fraudulent schemes.

08 November 2022 • By Keonia Swift

Regulation

Sydney cafe outfit fined $475k for ripping off Taiwanese ‘interns’

Federal Court imposes near-record penalty after FWO pursues company exploiting Taipei students.

08 November 2022 • By Philip King

Appointments

Moore Australia (NSW) partners with bespoke wealth outfit

Move adds 17 members to the firm’s Sydney office with an “impressive” array of qualifications and experience, Moore...

08 November 2022 • By Philip King

Regulation

NAB overcharging unconscionable: federal court

The bank failed to remedy incorrect periodic payment fees for more than two years.

08 November 2022 • By Philip King

Technology

Medibank hackers made off with complete database on 9.7m

UPDATED: Millions more compromised by the cyber crime and insurer says paying a ransom would fail to protect data.

07 November 2022 • By Philip King

Business

Tax for Tradies turns record-keeping into a craft

One Melbourne practice has made a virtue out of showing builders and plumbers there’s a better way to handle all their...

07 November 2022 • By Keonia Swift

Super

ATO issues private ruling on member benefit issue

The ATO has issued another private ruling examining the issue of whether a benefit requested shortly before death is a...

07 November 2022 • By Miranda Brownlee

Technology

Average cyber crime costs a small business $40k

With an online threat every seven minutes, attacks are up 13 per cent and Australia has become a favourite target.

07 November 2022 • By Philip King

Regulation

FNQ labour hire company ‘overcharged workers for lodgings’

NQ Powertrain faces court for allegedly deducting thousands from the wages of Pacific region visa-holders.

07 November 2022 • By Philip King

Tax

Big-end-of-town tax: miners, banks pay up, but for one-third it’s zip

Just seven companies paid 40 per cent of the $69 billion income tax reaped from 2,500 large corporations.

04 November 2022 • By Josh Needs

Appointments

Talent drought fuels race to find offshore accountants

Australian firms already employ hundreds of tax professionals in the Philippines and demand is booming, says...

04 November 2022 • By Philip King