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  1. MYOB acquires Axsys, Exobiz in mid-market push

    in the short term, while Axsys managing director Jason Ransley will join MYOB in an advisory role and Exobiz’ co-owner will lead MYOB’s ERP migration development team. The acquisition comes after MYOB announced a new direct sales and service channel...

  2. Payroll tax reform required to aid economic recovery: ACCI

    a new issues report, Payroll Tax: A Handbrake on Jobs & Investment, which calls on the federal government to take the lead on significant payroll tax reform, one that business has identified as the highest-ranking reform priority relative to other...

  3. ‘Nowhere to hide’: New gig economy reporting regime set to debut

    just becomes too big to ignore. “Participants will have nowhere to hide once the reporting regime takes hold which will lead to a level playing field with other sources of income such as wages.”

  4. Mid-tier welcomes 7 new partners

    at Pitch Labs, a division of Pitcher Partners Adelaide, having joined the firm in 2020 as its innovation and technology lead. Pitch Labs is an outsourced accounting and advisory service that utilises a subscription-based model, with the aim of...

  5. 170,000 taxpayers rush to lodge on 1 July

    slow down refunds. “We understand the rush to get a refund as fast as possible, but racing to lodge your return can often lead to easily avoidable mistakes,” said Mr Loh. “Waiting until the end of July to lodge allows the ATO to add information into...

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

    chances are high that this attention to detail will incite positive responses from your customers, which may in turn lead to your organisation experiencing a higher rate of conversions. As email marketing campaigns don’t generally require a huge budget,...

  7. Tax audit claim stats all accountants in Australia will want to know

    to ensure that cash flow boost payments reached those employers that were entitled to the payments. This will inevitability lead to more audit activity. Whilst the cash flow boost program drew to a close with the lodgement of 30 September 2020 activity...

    • Type: Article
    • Author: Rod Spicer & Roman Kaczynski
    • Category: Tax

  8. Victoria announces $280m business support injection

    pandemic, including more than $500 million through the May/June restrictions period with $461.2 million allocated for the lead Business Costs Assistance Program and Licensed Hospitality Venue Fund,” Mr Pakula said. Mr Pakula said that about $180 million...

  9. ATO cracks down on property investors as errors creep up

    “Our data analytics scrutinise returns for rental deductions that seem unusually high. We will ask questions, and this may lead to a delay in processing your return.” Common mistakes include failing to declare all rental income or any capital gains from...

  10. The Great Disruption 2.0: Why a succession plan for key talent is a must-have in 2021–22

    to prepare for such a shift will require an assessment of genuine critical roles across the organisation — namely, within leadership — to ensure they focus their retention efforts on the right people. It’s time for executive teams and HR to assess what...

    • Type: Article
    • Author: Jenine Waters, BDO Australia
    • Category: Business

  11. How automated management systems are transforming business administration

    has instant insight into what is happening, where it’s happening and why. Reduce risk and fraud Manual reporting can lead to errors, and those errors can have a major impact on the risk and compliance obligations of the organisation. Potential errors...

  12. Halifax auditors fined $50k over audit failures

    A Sydney auditor and an audit firm have now been fined a combined $50,000 after pleading guilty to breaching auditing standards while working on collapsed financial services company Halifax Investment Services. The conviction of Robert James Evett and...

  13. Lockdowns demand more from staff engagement programs

    calls, as well as weekly (or sometimes daily) intranet and email updates from a managing partner or divisional lead. The benefit of these initiatives is it allows for a greater proportion of staff to be involved, with some dialling in from their car or...

    • Type: Article
    • Author: Tony Fittler, HLB Mann Judd Australasian Association
    • Category: Business

  14. KPMG moves to acquire technology consulting firm

    technology enablement services, after it appointed Alex Moreno — who joined from Accenture — its first national Salesforce lead. Mr Moreno’s appointment followed the acquisitions of Microsoft partner Hands-On Systems in 2015 and Murex software...

  15. The Access Group acquires cloud payroll and HR platform

    the acquisition, which is the group’s fourth in two years, signals his team’s appetite for being recognised as the region’s leading business software provider. “We are excited to be welcoming Definitiv’s employees, customers and partners to The Access...

  16. Expert guide to effective change management in accounting firms

    is the communications and messaging around the change that is being sought.” ADKAR and change communications ADKAR is a leading change-management model developed by consulting firm Prosci several decades ago. It’s an acronym for the five essential...

    • Type: Article
    • Author: MYOB Australia
    • Category: Business

  17. Pandemic dampens career opportunities for women, exacerbates pay inequity

    of time pressures and the physical and psychological strains of increased household and parental workloads. The study’s lead author, Dr Fiona Macdonald, said the disruption caused by the pandemic is likely to have critical impacts on the careers of...

  18. Treasury undertakes review of insolvent trading safe harbour legislation

    identify a slew of factors that could be considered to identify whether the director was trading while insolvent in a bid to lead the business out of distress and avoid administration or liquidation. Among them are whether the director remained informed...

  19. M&A deals flourish as COVID-19 loses shock factor

    James said although states like NSW continue to face lockdowns – and lockdowns continue to impact businesses – business leaders aren’t as shocked as they once might have been. “As a result, we’re seeing an increase in deal appetite in the Australian...

  20. William Buck cements 6th merger since 2019

    Buck is a natural step in meeting the evolving needs of clients, both now and in the future. “Our vision has always been to lead the way and create opportunities,” he said. “We feel this merger pays respect to our vision by providing us the platform to...

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