Business

RBA raises rates by 50 bps to 1.35%

The RBA has once again risen rates in an effort to slow inflation.

05 July 2022 • By Josh Needs

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Tax

ATO awards itself green ticks for performance

Self-imposed targets suggest an overall pass mark, although on some metrics it has gone backwards.

05 July 2022 • By Philip King

Business

MYOB buys GT Business Solutions

Sydney-based specialist bolsters MYOB’s enterprise resource planning operations.

05 July 2022 • By Philip King

Appointments

KordaMentha, SW appoint additional partners

Promotions demonstrate confidence in the potential for growth, they say.

05 July 2022 • By Josh Needs

Technology

APS adds myprosperity portal

Practice management software links with personal wealth platform.

04 July 2022 • By Philip King

Regulation

ASIC gives liquidator reprimand rather than ban

Conduct had the potential to undermine confidence, regulator said.

04 July 2022 • By Josh Needs

Tax

Jump-the-gun tax returns ‘at high risk of adjustment’

The ATO says failing to wait for prefill data doubles the chance of changes later.

01 July 2022 • By Philip King

Appointments

Pitcher Partners promotes seven partners and one executive director

The appointments reward talent and create opportunities for growth, says chairman.

04 July 2022 • By Josh Needs

Business

‘Light touch’ needed for online client linking system

Issues with the roll-out of director IDs suggest there will be challenges for the upgraded process, says CPA Australia.

04 July 2022 • By Philip King

Business

Wage growth slows despite talent drought

Xero research reveals sales are up but salaries are slowing in face of labour shortages.

01 July 2022 • By Josh Needs

Regulation

Tax agent banned for five years after ‘serious breaches’

The TPB says the Queensland practitioner misled clients and failed in her own compliance.

01 July 2022 • By Philip King

Appointments

HLB Mann Judd promotes six

Appointments include one partner and five directors.

01 July 2022 • By Josh Needs

Business

New Broker Academy 2022 to help kick-start your broking career

Registrations have opened for the New Broker Academy, a free event set to help accountants who want to switch to a...

30 June 2022 • By Malavika Santhebennur

Business

Staff poachers ‘should pay transfer fees’

Big companies are raiding smaller firms and enticing workers away with massive promises, says Platinum Accounting...

30 June 2022 • By Josh Needs

Regulation

Banned directors leave nine failed companies and $16m debt

ASIC disqualifies three unrelated directors in construction and hospitality for up to five years.

30 June 2022 • By Philip King

Tax

ATO begins chasing taxpayers with overdue payments and returns

Tax practitioners warned that “strongly worded” letters are on the way to non-complying clients.

30 June 2022 • By Philip King

Appointments

Large firms promote record numbers

KPMG, PwC and BDO appoint hundreds of partners

30 June 2022 • By Josh Needs

Appointments

Accountants value WFH flexibility above pay

When looking to change employer, choice of workplace counts more than money, report finds.

29 June 2022 • By Josh Needs