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  1. Tackling the new landscape of climate reporting

    losing clients to firms that can provide this guidance. This is a chance for accountants to step up, provide clarity, and lead their clients into the future. How should accounting firms prepare to help their clients? It starts with education. Make sure...

  2. Sydney restaurants forced to back pay short-changed staff $240k

    The regulator continues to investigate two businesses and non-compliant businesses were told that future breaches might lead to higher-level enforcement action. “The Fair Work Ombudsman will continue to prioritise improving compliance in this sector,...

  3. Sydney auditors first to face criminal charges over audit failures

    ASIC alleges EC Audit failed to conduct each of the three audits in step with the auditing standards and that, Mr Evett, as lead auditor, failed to ensure that the company’s conduct abided by the standards. The offences carry a maximum penalty of $9,000...

  4. Sweeping reforms to streamline access to finance 

    registrations.” “The relative cost for a small business of getting a registration wrong can also be significant, as it could lead to the loss of what might be a substantial part of its asset pool if a customer becomes insolvent.” The review made 394...

  5. SV Partners opens Adelaide office

    Ferrier principals Stuart Otway and Alan Scott, both registered liquidators and registered trustees in bankruptcy, will now lead operations in the new office. SV Partners’ managing director, Terry van der Velde, said the decision of adding an office in...

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

  6. Surprise audits recover $430,000 for Geelong workers

    non-compliance and may face legal proceedings. Other non-compliant businesses were advised that future breaches will likely lead to enforcement action. Fair Work Ombudsman Sandra Parker said the low rate of compliance was disappointing. “The level of...

  7. 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...

  8. Surge in SMSF establishments raises alarm for ATO

    A double-digit surge in self-managed superannuation fund registrations during the peak of the COVID-19 crisis will lead the ATO to scrutinise newly established funds for signs of illegal early release. ATO acting assistant commissioner, SMSF segment,...

  9. Supply, demand patterns for firms creates 'interesting dynamic'

    be actually starting to see it happen,” Ms Penn said. While this is likely to still be 10 years away, she expects this will lead to an increase in the number of firms being sold. “I think the combination of Baby Boomers retiring, changes [in the...

  10. SuperConcepts releases next generation of SMSF software SuperMate

    tasks, SuperMate has been built to empower users and give them time back in their day. BDO Australia national superannuation lead, Paul Rafton, said key features such as the drag-and-drop feature will allow staff to be much more efficient with fewer...

  11. Super trustees focus of fresh calls to government from IPA

    engagement of fund members with decision making on their own retirement. “Higher levels of financial literacy would also lead to higher levels of fund member engagement as recommended by the Productivity Commission; a recommendation, we strongly...

    • Type: Article
    • Author: Stephanie Aikins
    • Category: Tax

  12. Super tax singles out small group who played by the rules: CA ANZ

    from July 2025, would hit just one in 200 Australians and raise $2 billion in tax over four years. But CA ANZ superannuation leader Tony Negline questioned the fairness of the move. “The target of these changes is a relatively small number of people who...

  13. Super sector to be subject to regulatory scrutiny ‘sooner rather than later’

    scammers understood that superannuation fund members generally gained greater access to their retirement savings which would lead them to target the over-65 age group. This was attributed to the fact this demographic also typically had limited knowledge...

  14. Super policies divide voters ahead of election

    Industry polling has revealed that, while the Liberal Party is the preferred party based on superannuation policy, their lead margin suggests there is still strong division among voters. A straw poll conducted by sister website SMSF Adviser with a...

  15. Super crackdown to have ‘serious implications’ for accountants, says tax body

    said. “It may be preferable to have the client forward the report to the ATO directly in some cases although this may lead to some confused channels of correspondence with some information coming to the ATO through the accountant and some coming...

  16. STP to cover all businesses as legislation passes

    will also be available to businesses that have no internet or have an unreliable connection. You can listen to ATO STP lead John Shepherd speak about what small businesses can expect ahead of the 1 July 2019 deadline and the range of alternative options...

  17. Stop whining and find a mentor

    elsewhere. A mentors objectivity is critical. Be truthful - Be prepared for 100 per cent honesty and vulnerability. Great leaders are self aware, honest and authentic. How can someone really help you if you are not open? If you are closed, unwilling to...

  18. Steven Zabeti – Awarded ‘Partner of the Year’ in Australia!

    an annual event that brings together the nation’s finest in the field, is a testament to the excellence, innovation, and leadership demonstrated by professionals across the industry. This year’s ceremony, held at Hyatt Regency in Sydney, was no...

  19. Steve Vamos to succeed as Xero chief executive

    time is right to make the transition at CEO level,” said Mr Smith. “We believe Steve Vamos brings an invaluable skill set to lead Xero. “He has worked in some of the world’s largest tech companies and is a recognised, purpose-driven people leader, with...

  20. Sterling Publishing acquires leading legal title

    Sterling Publishing Pty Ltd (Sterling), owner and publisher of AccountantsDaily, has acquired Australia’s leading legal media brand, Lawyers Weekly, from Cirrus Media Pty Ltd (Cirrus). Launched in 2000, Lawyers Weekly is the respected and authoritative...

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