iscover 
Business
Small business ‘boosted by EOFY debt paydown’
Jobs growth and reduced payment delays push Xero’s index to a record.
29 July 2022 • By Josh Needs
Regulation
Australia’s anti-money laundering rules ‘third world’
28 July 2022 • By Josh Needs
Regulation
Labor moves to tighten rules on unfair contracts
27 July 2022 • By Philip King
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Tax
ATO gives green light to lodge returns
With data collection complete for form prefills, the office welcomes tax lodgements.
28 July 2022 • By Josh Needs
Regulation
CA ANZ member abandons campaign against board
An attempt to rally support for a spill motion at the upcoming AGM has lost its outspoken leader.
28 July 2022 • By Philip King
Regulation
Payment redirection scams cost SMEs $7m, warns ASIC
Small and microbusinesses were hit hardest by the swindles in 2021.
27 July 2022 • By Josh Needs
Business
Small businesses ‘should race to register’ .au suffix
Firms that fail to successfully add the shortened domain variant invite commercial disaster, says IPA.
27 July 2022 • By Josh Needs
Business
Don’t stop the music, says BDO
The accounting and advisory firm commits to another year as major partner of the Queensland Symphony Orchestra’s...
27 July 2022 • By Josh Needs
Business
Skills shortage driving SMEs to the brink, says Insolvency Australia
With supply chain problems and rising inflation, an inability to find workers is the last straw for many.
26 July 2022 • By Josh Needs
Regulation
Two food outlets fined for underpaying casuals
The FWO secures penalties against hospitality businesses during focus on vulnerable workers.
26 July 2022 • By Philip King
Business
NLG launches broker-accountant alliance
Following an 18-month pilot, the scheme offers three levels of collaboration to diversify.
25 July 2022 • By Philip King
Regulation
ASIC extends deadline for unlisted entity financial reports
Before taking up the extension consider your company’s position and obligations, cautions the regulator.
26 July 2022 • By Josh Needs
Technology
BGL to accept crypto as payment
Digital currency can now be used for subscriptions to the company’s management software.
26 July 2022 • By Josh Needs
Regulation
Why accounting framework is a useful catalyst to shake up advice model
The proposal was put forward in a Quality of Advice Review (QAR) submission to Treasury.
25 July 2022 • By Neil Griffiths
Tax
Tax cheat dobbers plummet post-pandemic
Concerns over COVID relief fraud bolstered tip-off numbers for two years.
25 July 2022 • By Josh Needs
Business
Avoid capacity-to-pay letters, warns CPA Australia
Accountants could face repercussions if they sign these letters and the business or individual defaults.
25 July 2022 • By Josh Needs
Business
Country practices top targets for takeover
Businesses looking to expand through acquisition set their sights on regional accountants, says NAB
22 July 2022 • By Josh Needs
Business
Cash flow gap plagues 90% of SMEs
An average small businesses spends four months a year with more outgoings than receipts, finds report.
22 July 2022 • By Philip King
Tax
ATO reaches $1bn settlement with Rio Tinto
Outcome in the 10-year dispute is a win for the Task Avoidance Taskforce, the Tax Office says.
22 July 2022 • By Josh Needs
Regulation
Outraged CA ANZ member plans AGM assault on board
A showdown looms at the October meeting over the positions of chair and CEO.
22 July 2022 • By Philip King