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  1. Xero appoints tech high-flyer as next CEO

    continues to focus on achieving our global ambitions, we’re delighted to appoint someone of Sukhinder’s calibre as CEO to lead Xero through our next phase of growth,” said chair David Thodey. “Sukhinder’s appointment follows a rigorous global...

  2. Have a plan, stash the phone and join the party people!

    people and businesses budget on the RSVPs they receive. There’s an art to networking and many business parties in the lead up to Christmas will test people and how they mix with colleagues, thank their customers and clients, and build rapport with...

  3. Why lockdown DPNs put accountants in jeopardy

    means that unless the company pays the ATO debt, the director will become personally liable. And that could eventually lead to his or her bankruptcy. Under a lockdown DPN, directors are unable to avoid personal liability by placing the company in the...

  4. Experienced pair promoted to partner at Cor Cordis

    insolvency and forensics, and specialised in forensic accounting and expert witness engagements. She had been appointed to lead Cor Cordis’ forensic practice nationally as the firm looked to grow its reputation in that space and develop specialist teams...

  5. Why an automated finance team will pay dividends

    sales process, ready to manage transactions by issuing, monitoring and, ultimately, closing out invoices. This reality can lead to these teams being viewed as administrative staff, supporting other departments but not necessarily bringing in business...

  6. International tax reform could net annual gains of $220bn

    two-pillar system to address the tax challenges which arose from the digitalisation and globalisation of the economy would lead to greater taxing rights for market jurisdictions and a floor placed on tax competition said the OECD. Pillar Two would...

  7. Automation the answer to inflation, say Australian businesses

    the impacts of inflation, according to Grant Thornton’s International Business Report (IBR). Grant Thornton CMO and industry lead Fraser McNaughton said firms were responding to economic challenges — with inflation figures this week showing it hit 7.8...

  8. Xero appoints former Google VP as chief product officer 

    Cassidy said Ms Jolly brought considerable experience in growing firms and developing business products. “Diya brings market-leading global experience in designing, developing and launching consumer and business products in high growth mid-sized...

  9. Ankura expands with two former big four partners at the helm

    firm Ankura has launched its disputes and economics practice in Australia having appointed two former KPMG partners to lead it as senior managing directors. Chairman for EMEA and APAC at Ankura Simon Michaels said the expansion into Australia was a...

  10. AFCA racks up $1bn in refunds, reappoints CEO

    process is in place in the event of a dispute. “The board is delighted that David has accepted our invitation to continue to lead this important work.” Since November 2018, the AFCA said it had resolved more than 320,000 complaints and secured consumers...

  11. How to raise capital without a trip to the bank

    is a short-term fix with long-term pain unless you can afford to repay the full repayments each month. It’s risky and can lead your business into a cycle of debt. Online lenders There are many online lenders in the market and they can be a good option...

  12. Surging construction costs stall residential builds

    106,000 dwellings over the next three years. “Slowing supply, together with increasing household formation, is expected to lead to a supply-household formation balance of around -106,300 dwellings (cumulative) over the five years to 2027 (and around...

  13. COSBOA appoints experienced adviser as next CEO

    federal government ministers. COSBOA has appointed Luke Achterstraat as CEO after the board was impressed by his “wealth of leadership experience” and vision for the organisation. Chair of COSBOA Matthew Addison said the board picked Mr Achterstraat, a...

  14. Trust has become the only currency for banking apps

    the defensive capabilities of their development teams. Without this education and verification, a lack of expertise may lead to teams taking shortcuts and/or lapsing into human errors, which could trigger configuration issues and code-level...

  15. RSM Australia appoints Melbourne managing partner 

    team. Assurance and advisory partner Kristie Dundon takes over from Jonathon Easton after he spent three years in the leadership role in the office, with the firm confirming Mr Easton would stay on as director of business advisory services in Melbourne....

  16. Change of RBA governor a cause for optimism

    and transparent monetary policy into the future. Treasurer Jim Chalmers announced Ms Bullock will be the first woman to lead the RBA in its 63-year history with experience from working at the RBA since 1985 and her fresh leadership perspective to...

  17. Australia faces ‘deep per capita recession’: Deloitte

    the previous the decade, and 2.6 per cent in the decade before the pandemic.” Deloitte Access Economics partner and report lead author Stephen Smith said the outlook was much worse after removing the effect of population growth. “A deep per capita...

  18. Government to review $170bn franchising sector

    the effectiveness of the current regulations,” she said. Small business and regulator expert Dr Michael Schaper would lead the investigation to examine the impact of recent changes to the legislative framework, the announcement said. Dr Schaper, a...

  19. AI to shake-up one-quarter of economy: Deloitte

    technology and how to deal with it. Deloitte Australia CEO Adam Powick said it was time to admit that AI was here to stay. “Leaders like me need to accept that this technology is real and recognise that our role is to harness and guide the responsible...

  20. BDO audit partner banned until 2024 after botched financial report

    particularly with publicly listed companies. CADB found that Mr Mooney was responsible for “not insignificant” failures as lead auditor in a 2018 audit of Engage BDR Ltd. Specifically, he departed from the relevant standards in ways that were “not...

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