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Business
Accounting industry gives cautious thumbs-up to final s100A ruling
It could be “like having the ATO at the kitchen table” according to CA ANZ, but most find TR 2022/4 a “significant...
09 December 2022 • By Josh Needs
Appointments
Bosses warned: be wary of forcing workers back to the office
09 December 2022 • By Keeli Cambourne
Super
ASIC announces major changes to SMSF advice guidance
09 December 2022 • By Miranda Brownlee
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Business
ATO issues final ruling on changes s100A
The decision comes after accountants had to rely on basic guidance for 30 June deadlines.
08 December 2022 • By Josh Needs
Business
KPMG nurtures local start-ups to solve post-pandemic problems
The Future Technology Program will strive to support innovative businesses looking to tackle the most pressing...
14 December 2022 • By Josh Needs
Business
Last one out for Christmas please arm the alarm!
Ensure physical files are locked away and log out of all devices before heading on holiday, say the ATO and CPA...
19 December 2022 • By Josh Needs
Business
Pessimistic CFOs fret over cyber risks, ESG and economy: Deloitte
Survey finds rising uncertainty and concerns over hacker threats and environmental pressures.
13 December 2022 • By Josh Needs
Business
Business, industry welcome review into payment times reporting
Suppliers rely on certainty that bills will be paid promptly within the 30-day limit, they say.
08 December 2022 • By Keeli Cambourne
Regulation
Extended ID deadline looms for 600k directors
Applications peaked in November, ATO says, and 50,000 preferred paper form.
08 December 2022 • By Philip King
Business
ASIC disqualifies director over four failed companies, debts of $8m
Victorian given a maximum ban after lodging false documents in attempt to avoid liability.
08 December 2022 • By Josh Needs
Business
Accounting, finance professionals the next CEOs: CPA Australia
Problem-solving skills will be in high demand while employees will swap the career ladder for a job lattice.
08 December 2022 • By Josh Needs
Business
RBA tightens reins on runaway Christmas spending
With retailers expecting sales to increase by $2 billion this year, the rate increase aims to prevent a splurge.
07 December 2022 • By Josh Needs
Business
Adding a service ‘multiplies the value of a practice’
Firms with other specialist services, such as insurance or financial planning, have a raft of advantages if they get...
07 December 2022 • By Philip King
Business
RBA announces last rate decision for the year
The Reserve Bank has revealed its cash rate decision for December with inflation still yet to peak according to...
06 December 2022 • By Josh Needs
Technology
Aussie firm aims accounting software at fast growing SMEs
Cibis says its latest accounting software, Xpect, will be a feasible option for businesses that cannot justify a...
08 December 2022 • By Josh Needs
Regulation
Anti-money laundering operation blocks $1.8m, arrests 21 mules
An AFP taskforce tackles attempts to clean up the proceeds of crime as part of global campaign.
07 December 2022 • By Philip King
Business
Beware of fake puppies and other holiday scams
Fraudsters are hard at work trying to con you over Christmas, says the Assistant Treasurer.
07 December 2022 • By Josh Needs
Business
Mining company sues Grant Thornton for $58m
Quantum Graphite says the accounting firm was responsible for a 14-month trading halt on its securities.
06 December 2022 • By Josh Needs
Tax
ATO targets dodgy deductions for holiday homes
Thousands of dollars in claims “that would fail the pub test” contribute to $1.6bn tax shortfall, assistant...
06 December 2022 • By Philip King
Regulation
Perth cafe issued with more than $190k in penalties
The Fair Work Ombudsman found the operators deliberately falsified wage records.
06 December 2022 • By Josh Needs