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  1. Look to NZ for tax reform policy, says mid-tier

    tax treatment between entity types. “In recent years, the (understandable) fear of government is not being re-elected, which leads to them measuring how much political “currency” they might have to institute significant change,” Mr Tng said. “Most of...

  2. Look through the fog of fintech risks to silver-lined cloud

    Kubernetes Engine to deploy patches to protect the digital bank against malware. Business as usual or true innovation? Risk leaders and technology leaders need to make a decision sooner than later. Are they going to continue along the business-as-usual...

  3. Lodgment deferral upgrade quicker, spots problem requests

    so almost using that as a selling point. That’s not looked upon favourably and swift action is taken.” Ms Anderson said the leadup to 15 May and 5 June income tax lodgment dates were some of the busiest times of the year for deferral requests and making...

  4. Lockdowns demand more from staff engagement programs

    calls, as well as weekly (or sometimes daily) intranet and email updates from a managing partner or divisional lead. The benefit of these initiatives is it allows for a greater proportion of staff to be involved, with some dialling in from their car or...

    • Type: Article
    • Author: Tony Fittler, HLB Mann Judd Australasian Association
    • Category: Business

  5. Loan restrictions, housing downturn pushing business confidence down

    also found that 46 per cent of respondents indicated that they have been affected by the downturn in the housing market, leading to a pessimistic business outlook. Respondents were especially concerned about their personal finances, with 63 per cent...

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

  6. Loan rejections surge for struggling SMEs

    for 60-month terms jumping 45 per cent on last quarter, Banjo said an inability to service new loans was still the leading cause of declined applications. Businesses were also failing to meet minimum eligibility criteria, it said. Compared to the same...

  7. Lloyd Morgan says accountants must do more

    areas that could do with a makeover, and do it, or contribute your time and ideas. Think website, presentation documents, lead generation lists, or industry intelligence. Organise a 10-minute chat with your boss once a month to outline your ideas. Be...

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

  8. Little progress on superannuation and other measures

    proposed major, sweeping changes to the superannuation system. Although the measures were initially announced with years of lead time, little progress has been made on their implementation into law and much-needed preparation time is steadily ticking...

  9. Litigation likely with new LRBA structures

    taking shortcuts when amending loan documents for clients with LRBAs on non-commercial terms, with any mistakes likely to lead to significant expense and potential legal action. The ATO confirmed last year it expects trustees to have borrowing...

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

  10. Liston Newton Advisory appoints inaugural CEO

    Antonius as Group CEO of their accounting and advice business. Based out of Liston Newton’s Malvern office, Mr Antonius will lead the group’s strategic growth and operational initiatives, with a particular focus on integrating new acquisitions into the...

  11. Link Group recruits two business leaders

    of the business with the hires. The Link Group is developing its retirement and superannuation business by hiring two leaders, Rachel Richardson and Devan Naidoo, for its marketing and technology departments respectively. Ms Richardson was appointed to...

  12. Limited licence advisers ‘an endangered species’

    to provide narrowly defined financial product advice, often in relation to self-managed super funds. Superannuation leader at CA ANZ, Tony Negline, said accountants found that they had been using the limited licence less than expected and baulked at the...

  13. Limited AFS License application catch 22

    breaches relating to AFSL holders acting outside the scope of their authorisations. Breaches of this nature will generally lead to the suspension or cancellation of the AFSL. Limited AFSL holders should conduct comprehensive training for employees to...

  14. Lifestyle markets lead resale losses

    Close to 10 per cent of homes sold in the March quarter recorded a gross loss from the original purchase price, according to RP Data. The research and data company’s March 2014 quarterly Pain & Gain report revealed that of the 64,518 residential...

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

  15. Licensee with accounting services set for acquisition

    the terms of the acquisition, GPS Wealth managing director Grahame Evans will join the board as an executive director and lead the company’s wealth management operations. The wealth businesses currently owned by the Eastern group include Merit Wealth...

  16. Less than half of Australians confident about retirement: AustralianSuper

    also aid in the visualisation of a healthy retirement super fund, AustralianSuper said. Seeking professional advice will lead to well-informed decisions and a solid plan to maximise retirement savings and investments. Blackmore said he wants Australians...

  17. Less than 2 months before residency rules hit

    the foreign branch rules in the tax legislation, provided they obtain appropriate tax advice. “I anticipate that this will lead to additional costs and red tape for many Australian companies with offshore operations and aspirations.” According to Mr...

  18. Legislative change ‘crucial’ to simplifying reporting for smaller NFPs

    that NFPs eligible to benefit from the new accounting standards are outlined clearly. Ram Subramania, financial reporting lead at CPA Australia, said clarity and change were needed to establish an appropriate size threshold for smaller NFPs that could...

  19. Legal high-flier to take reins at CPA Australia

    said it was a “great privilege” to be appointed the next CEO of the accounting body. “I’m very much looking forward to leading the team at CPA Australia to support the organisation’s 172,000 members in Australia, and globally, to achieve their unique...

  20. Legal actions ramp up pressure on SMSF auditors

    cases finding fault with SMSF auditors for mis-describing fund assets have ramped up auditor obligations and are likely to lead to a further increase in audit costs, according to Cooper Grace Ward. Speaking at SMSF Adviser’s SMSF Summit 2019 in Adelaide...

    • Type: Article
    • Author: Sarah Kendell
    • Category: Super
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