Tax

Disclose contractor payments by 28 August, ATO warns

Small businesses told under-reporting will be exposed by powerful data matching.

09 August 2022 • By Josh Needs

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Regulation

ASIC prosecutes 10 companies, 73 individuals

More than $500,000 in fines have been imposed on those failing to meet personal and corporate obligations.

08 August 2022 • By Josh Needs

Business

EY revenue grows 18 per cent, delivers $70m in bonuses

Led by its consulting and strategy divisions, EY rebounds despite lingering COVID concerns.

05 August 2022 • By Philip King

Super

Age for downsizer super scheme to drop to 55

Tax amendments widen eligibility for the one-off bump to retirement savings.

08 August 2022 • By Philip King

Appointments

Tax Institute appoints independent chair

Financial services industry expert will help guide strategic governance of the body.

05 August 2022 • By Philip King

Regulation

Buy now, pay later needs greater regulation, says CPA

Consumers using the platforms lack protection from laws on borrowing.

05 August 2022 • By Josh Needs

Regulation

IPA calls for ASIC’s powers to be stripped

The IPA wants the Quality of Advice Review to make bold moves towards meaningful reform.

05 August 2022 • By Miranda Brownlee

Tax

Little point changing lodgement date, says CPA

The ATO remains in limbo on vital pre-fill data despite giving the green light to returns.

04 August 2022 • By Josh Needs

Business

‘Made in Australia’ the route to growth: CreditorWatch

A revival of local manufacturing, focusing on key sectors with advantage, offers a huge opportunity, says report.

04 August 2022 • By Philip King

Appointments

PwC Australia refreshes assurance leadership team

Firm promotes three partners to head up assurance, audit and risk.

04 August 2022 • By Josh Needs

Super

Dixon Advisory clients told to act quickly on claims

File for potential compensation with the AFCA while awaiting the outcome of administration, ASIC says.

04 August 2022 • By Philip King

Technology

MYOB grows ERP department with two acquisitions

The procurements add more than two dozen trained employees within MYOB’s ERP departments.

03 August 2022 • By Josh Needs

Regulation

ASIC bans adviser over misleading conduct allegations

An Adelaide adviser has received a five-year ban after allegedly facilitating the illegal early release of super...

03 August 2022 • By Miranda Brownlee

Business

RBA raises rates for a fourth month in a row

The low unemployment rate forced the bank’s hand, says CreditorWatch economist.

03 August 2022 • By Josh Needs

Appointments

Class appoints four extra general managers

The positions are part of a revamped operating model, says chief executive.

03 August 2022 • By Josh Needs

Business

Staff shortages ‘force small firms to merge or quit’

The big end of town can outbid for talent and it’s already having an impact, says CPA Australia.

03 August 2022 • By Philip King

Business

RBA announces August rate rise

Official interest rate goes up for the fourth consecutive month.

02 August 2022 • By Josh Needs

Regulation

ASIC circles former auditor over failure to comply with standards

A former auditor has landed in hot water after failing to comply with a number of auditing standards.

02 August 2022 • By Emma Musgrave