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  1. Hiring plans hit post-pandemic high, survey reveals

    software specialist. The figure, the best since the Elmo survey of HR professionals began in 2019, shows a big lift on last year when just 50 per cent expected to recruit. CEO and co-founder Danny Lessem was surprised by the overall level of optimism...

  2. Investors vulnerable to financial misconduct ‘despite CSLR’

    protection for consumers. Too many investors will be left exposed to financial misconduct even if the Compensation Scheme of Last Resort (CSLR) legislation is approved by parliament, according to CPA Australia and CA ANZ. CPA Australia spokeswoman Dr...

  3. ATO crackdown focuses on rental properties, work claims, CGT

    relating to producing your rental income.” On work from home expenses, the ATO abolished the shortcut method of claiming last July and introduced a fixed-rate method with a 67c-an-hour deduction in a revised regime with more stringent record-keeping...

  4. Industry, small business urge FWC to dial back minimum wage rise

    The ACTU’s 7 per cent claim is “reckless”, says one industry group, with high inflation and a slowdown in GDP growth. Both small business and employer associations are urging the Fair Work Commission to dial back union demands for a 7 per cent increase...

  5. Are we witnessing a skills recession?

    of Australian companies are experiencing skills shortages. Another 40 per cent said these issues have intensified in the last year, and 78 per cent believe this will negatively impact growth plans. Matthew Dickason, Hays Asia-Pacific chief executive,...

  6. How winning awards bring more than sheen to a career

    who specialises in transfer pricing after working in New York and New Jersey for her previous employer. She joined Mazars last June and said continuous learning is an integral part of her career approach. “I really have a love of learning and wanting to...

  7. Business growth ‘resilient’ despite economic headwinds: COSBOA

    Consumer Price Index (CPI) as a proxy for prices, sales volume rose 6.02 per cent. This is a change of +4.97 per cent since last quarter’s report,” the report said. Small to medium business sales rose 2.29 per cent, according to the report. “Small to...

  8. AFSA sharpens teeth as personal insolvency numbers rise

    And, addressing the Australian Restructuring Insolvency & Turnaround Association national conference on the Gold Coast last week, he called upon the profession to help stamp out “untrustworthy advisers”. “We will not accept those who harm vulnerable...

  9. Medical centres confront $600k payroll tax bills or closure

    of thousands of dollars have already been sent to medical centres in NSW and Victoria after the state revenue offices last week confirmed that GPs count as employees. The Royal Australian College of GPs said several regional practices had received...

  10. 70% of turnaround experts expect recession within a year

    professionals expect Australia to be in a recession within 12 months in a sharply pessimistic change of mood since last year, according to a survey by KordaMentha and Turnaround Management Australia. Just 27 per cent thought a recession was likely in...

  11. Labour shortages a ‘significant issue’ for 1-in-3 SMEs

    to be less problematic in the next 12 months. When asked to rate the extent it was an issue for their business over the last three months, SMEs scored 3.8 points out of 10, down from 4 points in the first quarter and a survey high of 5.1 points at the...

  12. Online lodgement deferral system a hit with users, ATO says

    applications decreased from 1,900 at the end of June to just 370 at September, with some agents using both methods. Last week the ATO said it was dismantling what remained of the old process. “Following the successful implementation of the lodgement...

  13. Torrent of disapproval greets CA ANZ finances

    remuneration for key executives rose with chief executive Ainslie van Onselen the top earner on $940,000, up from $877,500 last year. Other winners included marketing chief Simon Hann, whose pay rose 9 per cent to $540,360, and member engagement group...

  14. ATO reaps record $6.4bn from large corporates

    of tax, and has helped to collect, on average, an additional $2 billion each year from public and multinational businesses. Last financial year’s result is three times more than this.” Around $4.4 billion of last year’s result was due to the ATO’s...

  15. Interest rate increase ‘to quash seasonal hiring spike’

    hours. “It is likely we will still see seasonality hiring drop off over the summer trading period compared to the same time last year as businesses seek to recoup losses,” he said. The latest Employment Hero data for September showed staff growth of 6.6...

  16. Jobless rate edges up, hints of looser labour market

    unemployment rate stuck to the floor,” he said. “The latest figures show that Australia’s population grew by 560,000 in the last year, almost the size of Tasmania, driven by net overseas migration. Yet the employment-to-population ratio remains steady,...

  17. 8 Malaysians arrested over alleged myGov phishing kits

    storage device. AFP Acting Detective Superintendent Darryl Parrish said phishing attacks cost Australians almost $25 million last year. “Cybercriminals will use any tools and tricks to exploit people for their own profit – in this case, it is mimicking...

  18. 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...

  19. The year cyber chickens came home to roost

    senior executives – suitably titled “Keeping us up at Night” – found 43 per cent were restless about the issue, relegating last year’s top concern of skills shortages to second place. Released yesterday, it found cyber security was now the number one...

  20. ‘Green shoots emerging’ with building approval figures: CBA

    had turned the corner despite being 4.6 per cent lower over the year. “We had expected some statistical payback from last month’s big rise,” he said. The level remains subdued, especially on a per capita basis but there is clearer, albeit still modest...

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