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  1. 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...

  2. 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...

  3. 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

  4. 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...

  5. 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...

  6. 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...

  7. 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...

  8. 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...

  9. 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...

  10. 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...

  11. 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...

  12. 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

  13. Staying safe from cyber-attacks in a digitally connected world

    the target of cyber crime, with the annual cost to the Australian economy being a whopping $1 Billion. A breach can not only lead to financial loss, but also loss of trust from clients and even legal action. Explore some of the biggest entry points for...

  14. State government pushback likely on trust tax stamp duty

    whether trusts will be exempt from stamp duty, while Queensland is also deliberating on the matter. CPA Australia tax lead Jenny Wong told Accountants Daily last week that the accounting body has written to all the states and territories asking them to...

  15. Start-up carve-outs bring complexity, uncertainty, submissions say

    early investment in innovative start-ups, and we commend Treasury for consulting openly on its design," CPA Australia tax lead Jenny Wong said in a statement. However, while CPA Australia has welcomed the CGT concession for investors in Australian...

  16. Standardised deductions won’t hurt demand for tax agents: CA ANZ, CPA Australia

    senior manager of tax policy at CPA Australia. “We reject the proposition that a standard deduction would necessarily lead to a decrease in the use of tax agents, because the tax system remains quite complex,” Ms Kasapidis said. “Just because you may be...

  17. Stampede to AI reined in by questions of trust

    The enthusiasm was reflected by the optimistic outlook when it came to generative AI with 77 per cent of business leaders of the belief that it would have an overall positive impact on their business. The majority of respondents said the tool would lead...

  18. Squirrel Super fined $55k for false property claims

    Federal Court finds financial services company distributed thousands of misleading brochures. The Federal Court has fined Squirrel Superannuation Services Pty Ltd $55,000 for engaging in misleading and deceptive conduct involving the investment...

  19. Spotlight turns to business revenue

    are also open to discounts, changes and renegotiations. Tracking these factors manually can become a significant task and lead to errors when recognising revenue. Wherever in the world a business is domiciled, it will have to meet certain financial...

  20. Spike in fees for liquidators, auditors slammed

    fit for purpose, and was forcing professionals out of the market, particularly smaller players. He said the high costs would lead to further market concentration, in turn pushing up prices, and discouraging new entrants into the sector. “Who should pay...

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