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  1. Minimum wage decision ‘could fuel recession risk’

    for longer and that inflation expectations will shift higher making it even harder to get back down.” Dr Philip Lowe said last week that rising unit labour costs were a significant risk to the inflation outlook for Australia and would influence its...

  2. Millions of SMEs could lose short tax amendment window, says CA ANZ

    would unnecessarily impact over 2 million small businesses due to 20,000 medium-sized entities receiving a leg-up. “In the last budget they have increased the small business entity threshold to $50 million and said that they are going to put...

  3. Mike Baird to join KPMG board as independent director

    governance come after the firm faced intense scrutiny during parliamentary inquiries sparked by the PwC tax leaks scandal last year. Doubts over the independence of its directors were raised in September by Greens senator Barbara Pocock after CEO Andrew...

  4. Mid-year WFH changes ‘will catch out many taxpayers’

    HLB Mann Judd specialist. Sydney tax consulting director Bill Nussbaum said almost 5 million people claimed a WFH deduction last year and while it was too soon for this year’s numbers, many taxpayers would be unaware that the 80c-an-hour short-cut...

  5. Mid-tier warns on payroll compliance after fraud case

    a mid-tier accounting firm is encouraging businesses to assess their payroll arrangements and review associated risks. Last week a joint investigation between the ATO and the AFP culminated in the arrest of 10 people linked to a syndicate responsible...

  6. Mid-tier warns on financial reporting changes

    announced revisions to the new financial reporting arrangements for residential aged care and home care package providers. Last year, it was announced that new financial reporting arrangements for residential aged care and home care package providers...

  7. Mid-tier ups focus on acquisitions

    to continuing with that.” Bentleys CEO Mark Chapman detailed the extent of various Bentleys firms' acquisitions over the last three years. “We've merged with one firm in Tasmania, one in Newcastle, one in Melbourne and one in Adelaide,” he said. “We...

  8. Mid-tier unveils 3 new partners

    Kym Reilly, Baidy Laffan and Christina Manfre to partnership. Ms Reilly, now an audit and assurance partner, has spent the last 11 years at PKF, working her way up since joining as an assurance assistant manager. She has worked across external and...

  9. Mid-tier tips M&A activity to surge in 2018

    cent have tipped corporate activity levels to be higher than 2017, with the remainder expecting it to be at least as high as last year. According to the report, 2017 saw a surge in M&A activity in Australia, with 1,127 deals — up 55 per cent on volume...

  10. Mid-tier tips 457 visa changes as new advice hotspot

    Last week the government announced that it is going to abolish and replace the 457 visas program, providing accountants a new area to assist their clients, according to a mid-tier partner. The Temporary Work (Skilled) subclass 457 visa program is going...

  11. Mid-tier spots increased ATO scrutiny on seasonal homes

    including demanding access to bank account records for proof that all rental amounts received were declared as income.” Last year, the Tax Office also said it would acquire new data from online rental platforms, giving it visibility over taxpayers not...

  12. Mid-tier snares EY partner in bid for ‘significant growth’

    appointment to the newly created role of insolvency and restructuring partner follows the departure of two executives in the last 15 months, including partner Andrew Sallway, who is now at BDO, and partner Gayle Dickerson, who is now at KPMG. Grant...

  13. Mid-tier snares big 4 director to boost tax services

    boosting the firm’s international tax services as new policies shake up the area, after coming across from a big four firm. Last week, Pitcher Partners Perth confirmed the appointment of Birgitte Hebiton, formerly of KPMG, as director of taxation...

  14. Mid-tier snags ex-ASIC veteran employee

    One mid-tier firm has appointed a new associate director in Perth who spent the last 25 years working with the Australian Securities and Investment Commission. BDO has announced the appointment of Jane Gouvernet to its Perth advisory team as an...

  15. Mid-tier snags big 4 exec

    sees the total number of new appointments and promotions of staff into leadership positions increase to eight over the last 12 months in the business advisory department, as Crowe Horwath looks to capitalise on the growing advisory market. “[Mr...

  16. Mid-tier set to ramp up wealth arm, international growth

    Off the back of significant growth in the last 12 months, one mid-tier firm has outlined its plans in the Asian market and with the wealth arm of its business for FY16/17. John Delmo, managing partner of McLean Delmo Bentleys, said the firm has grown...

  17. Mid-tier secures big four director

    appointment comes at a time where its tax division continues to grow, with its Sydney office recording a 20 per cent growth last year. “James will bolster our employment taxes offering as he has deep experience in the design and taxation of employee...

  18. Mid-tier reminds on budget announcements impacting tax time

    mid-tier accounting firm has reminded accountants and their property investor clients on measures introduced in the budget last month that will impact tax time 2017. As the end of financial year approaches, BDO tax partner Mark Molesworth has reminded...

  19. Mid-tier reassures accountants on big bank changes

    Inquiry, the government announced a potential levy on major banks with liabilities greater than $100 billion in the budget last night. The levy would raise $6.2 billion over four years which would be used to support budget repair. The bank levy was...

  20. Mid-tier questions new equity funding scheme amendments

    A mid-tier accounting firm has analysed the changes made by the government last week to the crowd-sourced equity funding scheme (CSEF), raising questions over the conditions of eligibility. Last week, Treasurer Scott Morrison announced the introduction...

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