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  1. Australian businesses lose $227m in payment redirection scams

    the hardest hit according to the ACCC report. There was a 77 per cent increase in payment redirection scams in Australia last year with businesses losing $277 million according to the latest Australian Competition and Consumer Commission report. The...

  2. Australian alt-fi market growing finds big 4 firm

    introduction of legislation to parliament to enact the extension of crowd-sourced equity funding to proprietary companies last week. However, RSM raised doubts about the new fundraising approach and the conditions of eligibility.

  3. Australian AI Awards program returns for 2025

    boosting efficiency and enabling entirely new product categories. From emerging SMEs to established blue-chip giants, last year’s awards attracted hundreds of submissions showcasing the full spectrum of AI innovation. These success stories are a...

  4. Australian accounting firm held to ransom by Hunters International

    the T A Khoury & Co listing. Hunters International is a relatively young ransomware gang, having first appeared in October last year. In a short time, it has launched several high-profile attacks, including on the US subsidiary of Australian shipbuilder...

  5. Australian Accounting Awards to expand in 2015

    Accounting Awards set to open on Monday, AccountantsDaily has unveiled a host of new categories for the 2015 event. Last year’s program offered 13 awards to leading firms and individuals. In response, AccountantsDaily was inundated with submissions...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  6. Australian Accounting Awards 2014

    Principal Partner The first annual Australian Accounting Awards will recognise the outstanding individuals and firms across the accounting industry. To have the chance to secure a top accolade for yourself, a colleague or your firm, your first step is...

  7. Australian accountants facing further scrutiny

    a wrap of the Australian Accounting Awards. The team share their learnings and observations from the gala dinner in Sydney last week, including advice for accountants who are considering throwing their hat in the ring next year.

  8. Australian .au domains are now the 10th most popular globally

    Despite criticism of the rollout of the shortened .au domain late last year, auDA says it now provides almost 4 million domain names. The .au domain administrator (auDA), which prompted security concerns late last year due to a rushed rollout of the...

  9. Australia’s recession ‘technically over’, says Frydenberg

    per cent.” The Treasurer noted since the health pandemic started, the goal has been to keep Australians in work. “Over the last five months, 650,000 jobs have been created, the effective unemployment has come down from a peak of 14.9 per cent to 7.4 per...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Technology

  10. Australia’s anti-money laundering rules ‘third world’

    in very few people are actively going to do everything they need to,” he said. “There has definitely been a change in the last year or two as people are more aware of this. “It’s in the public forum now you’ve seen Star and Crown be dragged through the...

  11. Australia ranks second for housing market risk: IMF

    “National home values declined a record -9.1 per cent from their peak in April 2022, before recovering 0.6 per cent last month. While it may still be too early to call the bottom of the market, the steep price falls to date have seen limited increases...

  12. Australia number one for cyber-security breaches: PwC

    the radar of many Australian businesses. “Encouragingly, investment in managing cyber threats has also increased, reversing last year’s slight drop in security spending,” he noted. The survey also indicated a strong focus on 'cyber-security leadership’,...

  13. Australia drops down Financial Secrecy Index despite hosting illicit funds

    begun to publish their country-by-country reports under the new GRI tax standard. “The GRI tax standard published last year delivers the highest quality of public country-by-country reporting data, as formulated by experts from all stakeholder groups...

  14. Australia a hotspot for economic crime, warns PwC

    to a recent PwC survey. The study revealed 52 per cent of Australian organisations experienced economic crime in the last 24 months compared with the global average of 36 per cent. According to the Australian edition of PwC's 2016 Global Economic Crime...

    • Type: Article
    • Author: Staff Reporter
    • Category: Tax

  15. Aussie, European accounting networks team up

    without a merger. DFK International launched a “strategic alliance” with UK-based accounting network AGN International last week, after several months of negotiations late last year. The two businesses will remain separate entities, but will share...

  16. Aussie start-ups secure record level of funding: KPMG

    Despite a global lull in venture capital, local businesses attracted a landmark $5.84 billion in investment last year. Australian start-ups secured record venture capital funding of $5.84 billion in 2022, up 2 per cent on the previous year, despite a...

  17. Aussie SMEs reflect stability in Q2 2025: MYOB

    throughout the second quarter of this year, however, gross value added (GVA) was 5 per cent lower than the same period last year. The findings showed the strongest performing sectors over the three-month duration were mining, public administration and...

  18. Aussie SMEs faring better than international competitors, Xero data reveals

    better than other economies followed by the XSBI. The US, New Zealand and Canada all recorded negative sales growth in the last quarter. It was noted that Australia was one of the most effective economies at managing wage cost pressures and recorded the...

  19. Aussie businesses ‘held back’ by not embracing technology, cautions CPA

    to experience improved profits. “For example, of the businesses using AI, 76 per cent said their profitability increased last financial year, compared to 34 per cent that didn’t use AI,” it said. CPA Australia’s business investment and international...

  20. Aussie arm of NZ-based accounting firm closes

    Daily that the firm will be closing its Australian operations, effective immediately. Staff were informed of the decision last week, and clients are in the process of being informed. Mr Sheehan cited cost issues as one of the main factors behind what he...

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