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  1. PwC appoints new financial services leader

    and talents” required to create growth opportunities and build trust, with digitisation at the fore. Mr Gunson has spent the last seven years as the lead relationship partner for one of the firm’s “iconic financial services clients” and has worked with...

  2. Peak bodies welcome Australia-UK trade deal

    a joint statement welcoming a new Australia-UK trade deal agreed to by Prime Ministers Scott Morrison and Boris Johnson last week. A core tenet of the deal hinges on greater business mobility between both nations. The commitments agreed to will allow...

  3. NSW financial support incoming as state enters 2-week lockdown

    details of which are set to be revealed in the coming days. The state’s budget, handed down by Treasurer Dominic Perrottet last week, allotted $5.1 billion for combating COVID-19, $800 million of which is set to be spent by the end of the 2021 calendar...

  4. PwC adds ‘largest’ intake of new partners

    Australian outpost. The raft of admissions takes PwC’s total partnership to 777, up from 693 partners during the same period last year. Of the 92 new partners, 60 were promoted from within, while two will join the firm’s Australian offices on...

  5. Why Digital Marketing Is Your Best Defence Against Economic Uncertainty

    COVID-19 pandemic has been undeniably bad for business. International trade has been near impossible for the bulk of this last year, and job scarcities across the globe have limited consumer spending. That being said, the tumult of 2020 seems to have...

  6. Cash flow boost returns: New hope for NSW businesses

    said the new payments were modelled on the cash flow boost measure that was introduced at the start of the COVID-19 pandemic last year but will be jointly funded between the Commonwealth and New South Wales. “What we’ve learnt during the pandemic is you...

  7. ‘Danger of slipping through the cracks’: Perrottet demands return of JobKeeper

    months ahead”. Mr Frydenberg’s firm opposition of the wage subsidy’s return was backed by Prime Minister Scott Morrison, who last week insisted that there was no time to implement a system to deliver emergency payments to individuals who need it now....

  8. Investor confidence stands up despite recent lockdowns

    confidence has yet to dim, even as sustained lockdowns renew economic concern. “While we saw a wobble in confidence levels last year, it has now rebounded despite economic uncertainty in parts of the country with continued lockdowns,” Mr Ghandar said....

  9. ‘Give us a fair go’: Practitioners left scratching their heads over ASIC’s latest estimated industry funding levy

    and not fit for purpose”. ASIC released its latest cost recovery implementation statement for the 2021 financial year last week which shows that costs allocated by the corporate regulator to the advice sector have soared by more than $16 million, up...

  10. CountPlus sells audit business to rival

    its business and focus resources on tax and business advisory services. The firm’s Western Australian outpost was the last CountPlus member firm to offer audit services, said newly appointed Bentleys WA managing director Fab Fanayan. “CountPlus has made...

  11. Big 4 firms signal COVID-19 vaccine programs

    the professional services industry emerge following calls from New South Wales Premier, Gladys Berejiklian, who on Thursday last week pleaded with the state’s businesses to roll out vaccine programs of their own. She urged businesses to bear in mind...

  12. Unregistered agent cops additional jail time, fine for repeated offences

    continuing to provide tax agent services despite an injunction ordering him not to do so. The Federal Court of Australia last week sentenced Kent Scott Hacker to seven months in jail and issued his company, One Stop Global Staffing Pty Ltd (OSGS), with...

  13. NSW extends commercial tenancy relief

    relief to tenants with an annual turnover less than $50 million under an extended state support scheme. The NSW government last week announced the reintroduction of national cabinet’s Mandatory Code of Conduct for Commercial Leasing, which will mandate...

  14. Financial advice reform an opportunity to reduce red tape: CA ANZ

    for the exit. Earlier this year, CA ANZ said that registry has dropped from about 20,000 members to 19,000 members over the last 15 months as a result of ASIC’s ever-increasing levy. Overall, the financial advice sector has seen adviser numbers fall to...

  15. ‘Canary in the coalmine’: Accountants fear economic downturn

    accountants surveyed reported an increase in the number of enquiries they’d received related to financial distress in the last month. Financial distress wasn’t limited to areas in lockdown, either, with 38 per cent of respondents unimpeded by lockdown...

  16. JobSaver expanded to rescue large hospitality, tourism businesses

    $75,000 and $250 million with weekly payments of up to $100,000. The changes come after NSW Premier Gladys Berejiklian last week announced an extension of the Greater Sydney lockdown to the end of September. “Given the extended Public Health Order, and...

  17. Client satisfaction a pandemic silver lining: HLB Mann Judd

    a rise in client satisfaction for accountants, who have found new ways to offer added value to their services over the last two years. The research analysed client sentiment among clients who have engaged with accountants across the HLB Mann Judd...

  18. Practical advice can help clients navigate uncertainty

    Difficult decisions Just when the worst appear to be over, COVD once again brought parts of Australia to a halt. “I thought last year was hard, but this year is harder,” says Hima. “No-one knows how long this outbreak will last, and clients who worked...

  19. Carbon Group expands in WA

    also based in Perth. The network has been on an aggressive growth streak since it launched in 2014, and has committed the last three years to establishing “hubs” in states across the country, after locking in more than 13 mergers and acquisitions in its...

  20. PwC probes ‘racist and offensive’ internal staff event

    an internal trivia event, with the firm expediting a review into the incident. The virtual trivia event, which took place last Thursday, saw one HR executive allegedly dressed up as a “bat from Wuhan” during a sketch, while another mocked Chinese...

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