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  1. Data privacy the main hurdle to the national skills passport, expert says

    with businesses, unions, tertiary institutions, governments, and individuals. The window for submissions closed last night. Among the reasons provided for the development of a skills passport was the belief that it could “be an important part of...

  2. Data hacks set off alarm bells about privacy, survey finds

    controls over what information can be collected and how it is held. Data breaches affected almost one in two Australians last year and nine out of 10 now want more rights under privacy laws to delete what is being held or to pursue compensation,...

  3. Dark web buzzes with more users, increased trading

    September quarter figures showed 2.7 million people were accessing the dark web a day, up by 200,000 on the same period last year, while trading rose with the most popular items counterfeit passports, credit ratings and credit cards, and corporate data...

  4. Cyber squatters ‘could cash in’ on domain rule change

    squatters taking advantage of a rule change on domain names unless they move quickly, says an ATO security group. Starting last week, a shorter “.au” suffix became available as an alternative to the widely used “.com.au” or its variants such as...

  5. Cyber scams to spike 400% at tax time, CBA warns

    Australian businesses found that 83 per cent of respondents have carried out system upgrades or cyber training in the last two years, with 84 per cent feeling prepared for a cyber event. But Wolski urged against complacency, particularly as AI made it...

  6. Cyber hack insurance ‘harder to get’ in wake of Optus scam

    insurance companies are also denying cyber insurance coverage or heavy restrictions are being imposed.” The Optus hack late last month compromised the personal details, including in some cases passport, Medicare or driving licence numbers, of almost 10...

  7. Cyber breaches cast long shadow over Optus, Medibank

    customer information. Optus has become the most distrusted brand in Australia in the wake of its high-profile data breach last year, according to the latest Roy Morgan data, displacing Facebook for the first time since the survey began. Fellow hack...

  8. Cuts to working visas don’t add up for accountants

    one third moved to the UK on a permanent basis, another third moved on a two- to three-year work experience cycle and the last third on a three- to six-year development cycle. The last time a change was made to the rules allowing Australians and New...

  9. Curious, ambitious? Then ‘forget the image and become an auditor’

    migration tap back on was only part of the answer. Speaking on a special Accountants Daily podcast to mark Auditor Proud Day last week, Mr Ghandar said migration helped the profession with its “lumpy” reporting deadlines, but it needed to look closely...

  10. Culture shock ‘biggest challenge’ accountants face

    between the two sectors will be a major roadblock to business success. Speaking at the CPA SMSF conference in Sydney last week, Licencing for Accountants chief executive Kath Bowler said differences in qualifications, personality and remuneration...

    • Type: Article
    • Author: Miranda Brownlee
    • Category: Business

  11. CSLR blowout to 'further decimate financial advice sector', says CPA

    and the SMSF Association have both welcomed the government's announcement of a review into the Compensation Scheme of Last Resort after recent data revealed more than a threefold increase in the industry funding required. Reports suggest that financial...

  12. CSLR appoints former UniSuper CEO to board

    member of a three-person board when the government’s compensation scheme commences in April. The Compensation Scheme of Last Resort (CSLR) transitional board has appointed the former CEO of UniSuper as a non-executive director before the scheme’s...

  13. Cryptocurrency Tax FAQ’s

    overall position at the end of the financial year. For example, if your client doubled their money and closed their position last financial year, but got their entire holdings liquidated this financial year, they will still need to consider taxes on the...

    • Type: Article
    • Author: CryptoTaxCalculator
    • Category: Tax

  14. Cryptocurrency audits tipped to increase this EOFY

    be part of a broader risk analysis by the ATO.” New register requirements for digital currency exchange providers introduced last month are also a clear direction of the government’s broader plan to close out any tax loopholes related to cryptocurrency....

  15. Crypto crackdown underway as ATO locks in data-matching program

    tax communications Mark Chapman had warned earlier this year that the ATO’s light-touch approach to crypto was unlikely to last for long, with taxpayers urged to pay attention to their tax obligations. “I think the first thing to say is that the ATO...

  16. Crypto and SMSFs – what does it all mean?

    of the cryptocurrency is not in AUD$ it will require conversion, as at the end of the financial year, determined by the last traded price prior to the end of that financial year. 10. ATO monitoring of cryptocurrency While some consider that...

    • Type: Article
    • Author: SuperConcepts
    • Category: Super

  17. Crypto a ‘minefield’ of tax and regulation

    need for regulation has been brought into sharper focus with the collapse of one of the world’s largest crypto exchanges FTX last week (founded by CEO Sam Bankman-Fried). This followed the collapse of Terra coin earlier this year, while crypto platform...

  18. Crucial lodgement deadlines flagged for SMSFs

    recent years, the Tax Office has issued a reminder of its two critical upcoming lodgement deadlines for clients with SMSFs. Last year and the year before, critical SMSF lodgement deadlines were a headache for accounting and SMSF professionals. This was...

    • Type: Article
    • Author: Reporter
    • Category: Super

  19. Crowe Horwath profits drop

    started off relatively well so we are encouraged by that – we had a bit more deal flow through advisory towards the end of last year,” he said. “It’s been a tough few years but we are quietly confident about the look-forward position,” Mr Price said.

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  20. Crowe Horwath acquires firm in non-metro play

    the regional market, in a bid to drive its family office offering, acquiring a Grafton-based accounting and tax firm last year. [email protected]

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