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  1. Why building your BATNA is the ultimate business power move

    planning firms a few years ago that were chasing exclusively revenue because a major acquisition player—aka buyer of last resort—would pay 4x revenue: “So this $3M business that has a negative EBIT after I pay myself a commercial salary is worth $12M –...

    • Type: Article
    • Author: Sharon McClafferty, Slipstream Group
    • Category: Business

  2. BDO poaches more big 4 talent, breaks 300-partner mark

    the country and part of the “next four” of larger mid-tier firms that also include Grant Thornton, Pitcher Partners and RSM. Last year, it achieved another milestone when it made over $500 million in local revenue for the first time, following three...

  3. SMEs dealing with ‘conflicting messages’ on cash payments, says IPA

    technical policy, Tony Greco. Treasurer Jim Chalmers released a consultation paper on the proposed cash acceptance mandate last month. Greco said that while there are circumstances where cash is necessary, such as during outages, this government push...

  4. Howarth open to expanding provision of advice by accountants

    in a similar way to the new class of adviser (NCAs) model unveiled by the Labor government. The SMSF Association stated last month that accountants could be given a defined advice role which would help consumers access the advice they need and when they...

  5. Survey flags technology as top business challenge for 2025

    the list, given that unemployment is still at historically low levels,” he said. “The large increase in migration during the last two years will have played a part in businesses feeling they can meet their staffing needs, and there may be some...

  6. SME owners must engage ‘exit planning’, says William Buck

    a business is in the best position to go to market. So, the fact that only three in 10 have had their business valued in the last three years is quite alarming,” he said. “Most business owners can alleviate their biggest concern when selling and receive...

  7. Accelerating insolvencies strike concern for SMEs, report reveals

    that 50 per cent of SMEs said they would suffer severe cash flow problems or face negative financial impacts that would last three months or more. In addition to this, 4 per cent said they would need to shut down immediately and only 21 per cent said...

  8. CPA outlines gaps in system for combating financial abuse

    The IGTO launched its review into the ATO's identification and management of financial abuse within the tax system late last month to examine the ATO's current systems, policies, and processes for dealing with financial abuse in the tax system. CPA...

  9. A year of major reforms and new obligations

    with the biggest impact.” The AML/CTF reforms will commence on 31 March 2026 after the legislation was passed by Parliament last month. The legislation captures new designated services, such as those provided by accountants, under the AML/CTF regime.

  10. Interest in super surges across Gen Z, Millennials

    The Super Projection Calculator also recorded a surge in usage, with Millennial engagement up by 316 per cent over the last five years. Hancock said Gen Z was the fastest-growing group using superannuation tools, with engagement nearly seven times...

  11. Accountants Daily voted media of the year for accounting professionals

    Commenting on the win, Liam Garman, managing editor of professional services at Momentum Media, said: "Over the last year, the team at Accountants Daily has led the way providing invaluable market intelligence and breaking news to the accounting sector,...

    • Type: Article
    • Author: Reporter
    • Category: Business

  12. Survey reveals critical lack of tax knowledge among professionals

    career in tax. To combat the shortage of tax knowledge, the Tax Institute launched a new micro-credential learning tool last month to offer upskilling opportunities for individuals and companies. As previously reported by Accountants Daily, CQ...

  13. 2024: The year in review

    pay period to which the payment relates. The rate increases again on 1 July 2025 by 0.5 per cent to 12 per cent. This is the last currently legislated increase in the rate. Changes to foreign resident capital gains withholding rules Under legislative...

  14. Government tipped to explore further super tax changes: Generation Life

    a tax-preferred, state planning mechanism. It’s for providing for people in their retirement," Jones told ABC News Breakfast last year. While the government has signalled that it wants to address this issue, Araujo said it's not clear exactly what that...

  15. Cash flow concerns a nightmare for Aussie SMEs: NAB

    seeing more sales. The sales from Black Friday and Cyber Monday this year were also 4 per cent higher than the same period last year. NAB business direct and small business executive, Krissie Jones, said the latest economic data echoed what she had been...

  16. SME cash flow confidence for 2025 is on the rise, Zoho reveals

    were struggling as 80 per cent had been forced to increase prices based on operational costs and interest rates over the last year. Aside from continued challenges, almost half of Australian small businesses have forecasted their cash flow levels to...

  17. Social media scams dominate losses in 2024, ACCC finds

    that do not exist,” the ACCC said. It is the second fusion cell launched by NASC since it commenced work in July in the ACCC last year. An investment scam fusion cell that ran from August 2023 to February 2024 removed over 100 scam advertisements and...

  18. $10m tax scandal lands 6 fraudsters with combined 43-year sentence

    investigation of a serious organised criminal syndicate that had allegedly defrauded the Commonwealth. In a joint statement last week, the bodies said the Commonwealth was taken advantage of by the syndicate through labour hire and payroll companies...

  19. The road ahead for tax reform

    have quadrupled, while incomes have merely doubled. As a result, home ownership rates have dropped significantly over the last 40 years. Then there’s productivity. Growth is slower than at any time in the past 60 years, and business investment is...

  20. Latest tech updates for the accounting space

    for both investors, customers and product development was a 3 by 3. 3 core markets - US, UK & AU. Notably US first and AU last. Yikes! And to prioritise 3 areas, core accounting, payroll & payments (getting paid and paying your vendors). Many of the...

    • Type: Article
    • Author: Heather Smith, ANISE Consulting
    • Category: Technology
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