Assuming last is required, the following 4011 results were found.

  1. Top execs at fault for 'accounting body turmoil’

    faced heavy backlash in recent months over declining member services and reports of financial losses and staff cuts. In the last financial year, CA ANZ reported $147 million in revenue but posted a loss of $13 million. The body earned $90 million in...

  2. Two men get 8 years’ jail for $40m gold bullion fraud

    bullion fraud in the wake of an ATO investigation. The Supreme Court of NSW convicted Cedric Adrian Millner and Jonatan Kelu last Friday of conspiring to dishonestly cause a loss to the Commonwealth through a scheme to falsely claim GST credits for the...

  3. SMSFA laments ‘accountants out in cold' in QAR reforms

    under the scheme at the end of November. “Increasing licensing costs, ASIC adviser levies and now the compensation scheme of last resort will see this cohort continue to exit advice at a time when more licensed advisers are urgently needed. Put simply,...

  4. Spike in succession planning an opportunity for virtual CFOs

    family businesses got stuck in their ways and needed some help to make the transfer. “We’re seeing a real spike in the last 12 months of this activity of passing on things to generations,” he said on the latest Accountants Daily Insider podcast. “A lot...

  5. Bank watchdog slams 40% rise in hardship safeguard breaches

    a total of 326 breaches of their obligations for banks to assist customers under chapter 39, a 22 per cent increase from the last reporting period. According to chapter 39, “a bank must explore available options and provide the customer with information...

  6. Tax ombudsman launches probe into how ATO handles identity theft

    The IGTO calls upon practitioners to detail their experiences of unauthorised access to the tax system. The taxation ombudsman has started an investigation into identity theft and compromised tax accounts after repeated reports of fraudulent activity...

  7. Zeller pitches savings account into ‘gaps left by banks’

    its product releases recently to help small businesses. Its savings account comes after the launch of its corporate cards last week, touted as “expense management your finance team will love”. It had also rolled out a “tap to pay” function for iPhone...

  8. Jobless rate up to 3.9%, ‘hints of softer labour market’

    Unemployment has risen from its low last November and the growth in monthly hours worked is slowing, ABS data shows. Unemployment moved up to 3.9 per cent in November from a revised 3.8 per cent in October, according to seasonally adjusted data...

  9. Healthcare, public admin firms ‘fail at double rate of last year’

    latest ASIC figures show 1,165 building companies have entered administration since July, up 33 per cent on the same period last year and well ahead of other sectors. Accommodation and food services were the next most vulnerable, with 598 insolvent...

  10. Cairns woman gets 3 years’ jail for $283k GST fraud

    11 charges of obtaining a financial advantage by deception from the Commonwealth and was sentenced in Cairns District Court last week. Between January and March 2022, Ms Martin admitted lodging fraudulent BAS to claim GST refunds from the ATO totalling...

  11. Late payments threaten 4 in 5 businesses: CreditorWatch

    three or more defaults.” The survey found: 82 per cent of respondents had experienced late or overdue payments over the last six months. 37 per cent of businesses commonly experienced payments more than 30 days late. The most common arrears period among...

  12. CPA Australia’s ‘final round’ of job cuts claims 4

    which the body says completes its restructuring. CPA Australia cut four more positions yesterday in what it says will be the last in its rolling redundancy program underway since June, which has claimed up to 12 per cent of the body’s 600-plus staff....

  13. ATO will scrutinise fine print in employee v contractor issues

    and practical compliance guideline, released on Wednesday, comes after two landmark employment law rulings by the High Court last year (FMMEU v Personnel Contracting and ZG v Jamsek). Bennett Law employment lawyer Nicholas Parkinson said the ATO’s...

  14. Agribusiness guide update covers latest tax, legal issues

    Clarke director and head of the firm’s agribusiness legal practice, Peter Slegers, said since the guide was first launched last year it had become essential reading for professional advisers. “The guide offers solutions and guidance to accountants,...

  15. Chalmers names ‘tax expert’ Rob Heferen as next commissioner

    recent IPA, Mr Jordan said the ATO had completely overhauled its image during his time as commissioner. “Reflecting on the last decade, I have witnessed an astonishing pace of change and innovation within the organisation,” he said. “I’ve seen the ATO...

  16. End-of-year burnout? 5 ways to turn down the heat

    us that we've hit the wall or exceeded our capacity to take on more, anything more. Each year seems to go faster than the last and with that, more responsibilities and tasks creep in, whether at work, home, or both. There are more staffing issues,...

  17. 90% of SMEs to dial back borrowing in 2024, survey finds

    and 15 per cent struggling to pay staff, he said. “Economic growth in Australia is still below historical trends in the last quarter, so it makes sense that businesses are playing it safe.” “There are a lot of financial pressures in play right now, so...

  18. Business confidence plummets, two-thirds gloomy about 2024

    cent of enterprises were concerned that the economy was heading for “bad times” in 2024 while 61 per cent expected that to last five years. Roy Morgan’s Business Confidence index, which dropped 4.6 points to 85.8 in November, has now spent a record 10...

  19. Scammed Tassie firm recovers $150k in AFP ‘money mule crackdown’

    scams.” The local Tasmanian business that lost $150,000 through an email scam had the money returned by Tasmanian police last month. Mr Lee said the AFP had also served a further 70 warning letters to suspected money mules as part of “active and...

  20. Holiday sales, January CPI ‘critical’ to RBA’s next move

    of finance comparison website Mozo said the factors behind rising prices had changed since the RBA began raising rates last year. “We have now shifted from globally driven supply-led inflation to homegrown demand-led inflation, and despite the rising...