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  1. RBA reveals greatly debated July rate decision

    improvements to help businesses through the tough economic reality they currently face. “Federal and state governments must lead the community by example by tightening their belts and holding strong,” he said. “We want governments to focus on improving...

  2. Nexia Sydney names leadership successor

    up from zero nine years ago, and more than half of its 240 staff are women. He expected Nexia to thrive under Mr Hoffman’s leadership. “His commitment to our people, our clients and our strategic vision make him a great choice to lead our talented team...

  3. Stampede to AI reined in by questions of trust

    The enthusiasm was reflected by the optimistic outlook when it came to generative AI with 77 per cent of business leaders of the belief that it would have an overall positive impact on their business. The majority of respondents said the tool would lead...

  4. Why taxpayers should aim to beat ATO at its own game

    However, taking property investors as one example, the ATO believes nine out of 10 property schedules contain errors which lead to inaccurate tax returns. Consequently, the ATO recently announced it will be monitoring and treating property investors...

  5. Intuit QuickBooks shares organisation hacks for overworked accountants

    what’s coming up. And this doesn’t need to be just for client work. The biggest trap that firms fall into, especially for leaders, emerging leaders and managers, is only planning for client work. This can lead to maxing out capacity and becoming...

    • Type: Article
    • Author: Intuit QuickBooks
    • Category: Business

  6. Accounting bodies take aim at ‘two-tier’ NALE rules 

    a maximum ‘two times multiple’ and by the taxable income of the fund,” said the submission. “This cap has the potential to lead to inequitable outcomes. We consider that the current version of TR 2010/1 provides a logical approach by treating minor...

  7. Wolters Kluwer product helps tackle OECD Pillar 2 reporting

    global tax management platform,” said Mr Silva. “Our client-centric approach, deep tax domain knowledge, and industry-leading technologies allow us to rapidly deliver the BEPS Pillar Two product to our customers, and we will continue to lead the way in...

  8. DHL Supply Chain names successor to longstanding CFO

    CFO positions in the Asia-Pacific and Europe, Middle East and Africa region before relocating to Australia in 2017 to lead the financial operations across Australia and New Zealand. Throughout his time in Australia, Craig was instrumental in the...

  9. Government names Lowe replacement at RBA

    Lowe when his term expires in September. Ms Bullock, whom becomes the first women RBA governor, was regarded as one of the leading contenders for the role along with Treasury secretary Steven Kennedy and Finance Secretary Jenny Wilkinson. An experienced...

  10. CFS settles super fees class action for $100m

    and any commission approved by the Court to be paid to the funder of the class action,” it said. Slater and Gordon said lead applicant Marcel Krieger welcomed the outcome after joining FirstChoice Personal Super in 2010 during a branch visit to the...

  11. Tech consultancy expands with UK appointment

    of strong demand from the accounting tech sector, the firm said. “With this global expansion into the UK, Vickery is set to lead the growth and ensure great results for our clients in the region,” it said. Mr Vickery will be joined by a supporting team...

  12. Grant Thornton appoints 3 industry leaders

    challenge when necessary to deliver progress in each business, said the firm. Grant Thornton has appointed three industry leaders to advance its commitment to delivering insights and value to clients. Partners Anika Reside, Cameron Bacon and Tom...

  13. ‘Over a third’ of accountancy tasks could be automated by AI

    report found the key driver of value for generative AI in the sector is its ability to automate routine tasks, which lead to more time invested in higher-value thinking. Along with the automation of 36 per cent of accountants’ tasks, the research said...

  14. Almost $700k recovered for over 1,000 underpaid workers

    The FWO said it continues to investigate two businesses and non-compliant firms were informed that any future breaches may lead to higher-level enforcement. Acting Fair Work Ombudsman Kristen Hannah said the findings from the action taken across...

  15. Associations call for extension of energy incentive

    smart and efficient energy upgrades for small businesses.” “We also note that poorly selected or implemented upgrades could lead to unwanted consequences. For example, where electrification from gas takes place, there is a clear need for electric...

  16. Businesses must plan for rising default rates, insolvency risk

    on supporting their clients,” Mr Blundell said. “Many directors have become used to the lifestyle that they’ve been able to lead over that period and it’s not uncommon to see substantial related party loan accounts listed on balance sheets that come...

  17. How to supercharge a practice with a trio of AI benefits

    of the next decade, making investment a critical consideration for 2023. Damien Greathead is accountant and adviser group lead at Intuit QuickBooks Australia.

  18. Bullying, racism, sexual harassment and overwork ‘endemic’ at EY

    sexual harassment, and just one in 20 reporting racism. The review makes 27 recommendations including that “EY Oceania lead the development of an industry-wide code of practice for the Big Four” that “sets a shared aspiration of healthy and safe...

  19. ATO to triple credit referrals in ‘stronger actions’ on debt

    to more than six every business day. “In FY2023-24 we expect to issue over 50,000 intent-to-disclose notices that may lead to over 2,500 businesses being subsequently disclosed.” The projected figure of 2,500 amounts to almost 10 every business day and...

  20. 10-point checklist for when that crisis call comes

    often frustrate the investigative work of the company, fomenting a hostile and uncooperative environment. Accountants can lead a more thoughtful and effective strategy, encouraging restraint and allowing for cooperative investigative interviews. Employ...

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