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News
Board of Taxation sees 2 new members
The federal government has confirmed the appointments of two additional members to the Board of Taxation.
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Better Advice Bill passes Parliament
The Better Advice Bill has passed in Parliament, ensuring that the financial services and credit panel within ASIC will become the single disciplinary body for financial ...
Underpayments impacting 1 in 2 Aussie workers
Over 50 per cent of employees have been underpaid or paid late by their employer since COVID-19 hit Australian shores, according to a new survey.
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ATO to take ‘flexible’ approach on STP Phase 2
Commissioner of Tax Chris Jordan says the ATO is committed to taking a “flexible approach” in the expansion of STP Phase 2.
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CPA Australia outlines next steps in KPMG misconduct investigation
CPA Australia has provided an update on its investigation into KPMG’s internal cheating saga.
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ATO cracks down on ‘high-risk’ behaviours
The ATO is calling on tax practitioners to help them address high-risk behaviours impacting the profession.
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Newcastle and Hunter firms combine forces
NSW-based accounting, audit, and advisory firm DFK Crosbie has formally announced its merger with the Newcastle and Hunter Valley practice of Pitcher Partners.
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Over 2m Aussies asked the TPB for help during the last year
As the economy recovers, Australia’s tax regulator says it’s planning to put unregistered practitioners under the microscope.
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‘The ATO is here for you’: Commissioner Chris Jordan reiterates support for tax profession
Commissioner of Taxation Chris Jordan has outlined the ATO’s key objectives for the years ahead, which include building on its relationship with those in the tax profes...
Accountants must ‘think outside the box’ to combat tight labour market
A chief executive is urging firms to do more in order to combat the ongoing pressures faced by accountants in the Australian market.
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Support grant extended for Victorian Indigenous businesses
The First Peoples’ COVID-19 Business Support Fund has been extended, providing additional support to those who have been affected by trading restrictions.
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FWO recovers $148m for underpaid workers
The Fair Work Ombudsman (FWO) has recovered more than $148 million for underpaid workers in 2020-21, up 20 per cent year-on-year.
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‘Old-fashioned’ firms urged to re-evaluate retention strategy
Accounting firms that only look to pay as a retention strategy are likely to lose key staff going forward, according to a chief executive.
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1 in 4 businesses impacted by late payments
Cash-flow issues have reared their head again across Australia’s SME community again, with one in four small businesses reporting late payments.
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Finalists revealed for this year’s 30 Under 30 Awards
Accountants Daily is pleased to confirm the finalists for this year’s 30 Under 30 Awards program.
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NSW government rolls out $100m recovery package
The NSW government will commit $100 million as part of an economic recovery package set to bolster skills and “future-proof” the workforce.
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CPA Australia, CA ANZ support ban on occupational exclusions
Australia’s two major professional accounting bodies have thrown their support towards a ban on occupational exclusions in default insurance offered through MySuper pro...
8 in 10 SMEs report increased cash-flow issues
Further research has identified challenges for Australia’s SME community, with eight out of 10 business owners reporting having cash-flow issues in the past 12 months....
Bentleys SA adds another partner
Bentleys SA has appointed an experienced tax professional to partner.
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New tech platform to connect households with trusted accountants
Financial services platform myprosperity has rolled out a secure tech platform aimed at helping Australian households connect with trusted advisers, including accountan...
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