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Regulation

Regulation

FWO targets crane and transport businesses

The ombudsman secured penalties of almost $19,000 against a crane company and seeks $10,000 against a transport firm.
25 January 2023 • By Josh Needs

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Regulation

FWO takes retail giant to court over $1.1m in staff underpayments

UPDATED: The holding company for Supercheap Auto and Rebel Sport allegedly shortchanged workers for more than two years.
20 January 2023 • By Josh Needs
Regulation

International tax reform could net annual gains of $220bn

Global governments must embrace the reform to ensure multinational corporations pay taxes where they earn their...
20 January 2023 • By Josh Needs
Regulation

Professional bodies demand changes to ATO agent linking process

Six-step method provokes storm of protest on social media and will be “a major headache” for small clients, say...
19 January 2023 • By Philip King
Regulation

ASIC commissioner exits before end of term

Sean Hughes accepts a role in the private sector and departs next month.
17 January 2023 • By Philip King
Regulation

Accountants urge home buyers to weigh cost of dodging stamp duty

Opting to pay an annual tax rather than stamp duty is “a double-edged sword” and could even raise house prices.
17 January 2023 • By Josh Needs
Regulation

ATO begins ID crackdown on recalcitrant directors

Half-a-million who failed to apply before the deadline will be contacted by the office.
17 January 2023 • By Philip King
Regulation

UK regulator finds no ‘systemic’ exam cheating issues

An FRC investigation prompted by the KPMG Australia scandal, among others, is reassured but remains “deeply concerned”.
16 January 2023 • By Philip King