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  1. NZ Budget shows the way

    great strides it has made in achieving a strong economic recovery,” Mr White said. “By turning around its deficits of the last six years, New Zealand can now spend more money on big ticket issues like research and development, and welfare measures such...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  2. Government must cut compliance costs: William Buck

    has called on the government to accelerate tax and regulatory reform saying that despite making it clear during last year's election that it would target regulation and red tape, the Abbott government has taken little action of any significance to cut...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  3. ATO to scrutinise SMSFs

    from July this year, will give the ATO the ability to fine SMSF trustees who fail to meet their regulatory obligations. Last year, 18,000 SMSF contraventions were lodged with the ATO, of which approximately half could have incurred penalties based on...

    • Type: Article
    • Author: Michael Masterman
    • Category: Super

  4. Red-tape savings passes the House

    Representatives. The federal government successfully passed the Paid Parental Leave Amendment 2014 through the Lower House last night. The minister for small business, Bruce Billson, said if passed by the Senate, the legislation will mean business will...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation

  5. Purse strings tighten for accountants

    focus on performance reporting, efficiencies and cost control,” she said. Salaries were stable in professional practice last year, with a number of firms giving only the minimal annual increase, Ms Roeder said. “Candidate movement was seen in the big...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  6. Leading firm announces 93 new partners

    to the 37 experienced lateral hires, including an additional seven female partners who have joined the partnership in the last 12 months. Giam Swiegers, Deloitte’s chief executive, said he was pleased to see females feature strongly in this year’s round...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  7. Specialist SMSF business unit announced

    as well as borrowing requirements of our clients,” Chan & Naylor said in a statement. After partnership growth over the last 24 months, Chan & Naylor is also looking to grow its business through new joint venture partnerships (JVPs) and ‘tuck-in’...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  8. SuperStream delay causes ATO concern

    “It is important trustees get in place the arrangements sooner rather than later and certainly don't leave it until the last minute,” Mr Hind said. “They are likely to run into problems with getting it completed on time, or not being able to implement...

    • Type: Article
    • Author: Staff Reporter
    • Category: Super

  9. Socceroos kicking goals for accountants

    clients so everyone wins,” Ms Maury said. Intuit has made a concerted effort to boost its presence in Australia over the last 12 months, expanding its team on the ground and investing heavily in sales, marketing, product and customer care, according to...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  10. Deloitte adds Canberra consultancy

    business transformation capability and will further boost the 10 partners we have added to our Canberra practice over the last year.” “We now have 24 partners and 163 people across our Barton and Brindabella offices,” she said. Analytics Group partners...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  11. Insolvencies set to spike

    a fall of 21.1 per cent in companies entering formal insolvency appointments in the first quarter of 2014 compared to the last quarter of 2013. Neil Cribb, national head turnaround and insolvency group at RSM Bird Cameron said the firm does not believe...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  12. NSW budget shows widening fiscal gap

    investment. “This is the preferred growth model that appears to be favoured federally as well, and the initiatives over the last two years in NSW show the model is effective in delivering positive outcomes for taxpayers,” he said. “Strong fiscal...

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

  13. Cash flow issues hitting SMEs

    that businesses were forced to wait an average of 56 days for payment in the first quarter of 2014, compared with 53 in the last quarter of 2013. Scottish Pacific chief executive Peter Langham said delayed payments can inhibit the ability of SMEs to...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  14. ATO targeting offshore avoidance

    initiative, he said. Under Project Do It, people disclosing their offshore assets will generally be assessed for the last four years, be liable for a maximum shortfall penalty of 10 per cent and full shortfall interest charges, and will not be...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation

  15. Sam Allert talks technology

    recently. Of course, as everyone would probably say, cloud technology has been huge but the other big advancement over the last few years has been integrations. What I mean by that is advancements in technologies around data feeds, whether that’s bank...

  16. MYOB developing its own client portal

    to AccountantsDaily, Adam Ferguson, MYOB’s general manager, accountants division said Deloitte Private Connect, launched last week, is an innovative offering from the big four firm that will help redefine an evolving accounting industry. “I think it...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  17. Confidence is returning but don't expect a big salary raise

    we are already seeing instances of salary pressure for skills in demand. Salaries were also stable in professional practice last year, with a number of firms giving the minimal annual increase. Candidate movement was seen in the big four and second tier...

  18. Hays warns of shift to short-term contracts

    “From a business’ perspective, it’s quite a wise thing because of the fluctuations and changes that have happened over the last while and they don’t want to be making redundancies all the time.” Ms Roeder said an increase in major projects undertaken by...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  19. CPA issues warning on limited licensing

    the option when you get towards the end of the transition period to know which way you want to go.” “If you leave it to the last 12 months to start your training it’s just going to be too late." Ms Weller’s comments come after ASIC warned of four...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation

  20. Goyder chairs B20 summit in Sydney

    across all sectors. More than 300 senior business leaders from over 30 countries have been meeting since the end of last year to develop a set of policy responses to these global challenges. “Task forces established around four priority areas –...

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