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  1. Finance teams seriously unprepared for cyber attacks

    need to recognise that cyber risk is one that is very relevant to them,” said Geraldine Magarey, CA ANZ thought leadership and research leader. “Assessing cyber risk requires financial awareness to gauge the potential consequences of a breach, which can...

  2. Finance bodies welcome proposals for sweeping overhaul of advice rules

    while maintaining robust consumer protections — an objective the JAWG supports,” it said. Separately, CA ANZ superannuation leader Tony Negline welcomed the proposals and said it was crucial they led to more affordable advice. Some estimates put median...

  3. Finalists revealed for Commercial Finance Awards 2024

    Awards 2024. The awards program, jointly run by Accountants Daily and sister brands Broker Daily and The Adviser, showcases leading commercial brokers, brokerages and aggregators paving the way in the Australian commercial finance industry. The...

    • Type: Article
    • Author: Arabella Walton
    • Category: Business

  4. Fin services 'most trusted', says Deloitte

    they entrust their personal data, are reliable, and that they treat their information with respect," said Deloitte national lead partner, cyber risk services, Tommy Viljoen. "One of the most telling findings in this year's consumer survey is that 94 per...

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

  5. Federal court places orders against dealer group owner

    Financial Planning. Libertas Financial Planning expanded its licensing offer to SMSF accountants back in 2014 in the lead up to the end of the accountants’ exemption. Advisers under the Beacon Group licence also provide SMSF services. Linchpin and...

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

  6. Federal Court hears ATO’s appeal of landmark Bendel decision

    definition of a “loan” should not be construed so broadly to include unpaid present entitlements (UPEs) as it would lead to a scenario of “double taxation”. In September last year, Bendel successfully challenged ATO objection decisions in the AAT...

  7. Federal Court case gives insight into sole purpose test

    “timely reminder” for trustees to ensure their SMSF is used for the sole purpose of retirement. “Such circumstances can only lead to the regulator taking a heavy-handed approach to ensure that this message of non-compliance acts as a deterrent for what...

    • Type: Article
    • Author: Katarina Taurian
    • Category: Business

  8. Federal budget confirms major tax changes to trusts, CGT

    handed down the federal budget for 2026–27, unveiling the details of his major tax reform package. As widely reported in the lead-up to the budget, the government plans to introduce a 30 per cent minimum tax on discretionary trust distributions....

  9. Federal budget 2021: Old jobs, new tricks?

    policy could apply to the clean energy sector in the future is surely a missed opportunity for the government. The lack of leadership on climate change remains a concern. Across the 386 pages of the government’s Budget Strategy and Outlook document, the...

    • Type: Article
    • Author: Jo Masters and Johnathan McMenamin, EY Oceania
    • Category: Business

  10. FATCA law suit to have implications for Australian firms

    On a practical level, FATCA is severely impinging on the ability of US citizens to live and work abroad.” The suit’s lead lawyer, James Bopp Jr – a former adviser to the Republican National Committee and Mitt Romney’s failed 2012 presidential campaign –...

    • Type: Article
    • Author: Aleks Vickovich
    • Category: Regulation

  11. Faster payments for SMEs spur Stripe, Xero partnership

    businesses in the current economic climate,” said Mr O’Neil. “We expect our continued emphasis on innovation with Stripe to lead to making payment experiences easier and help small businesses make better money decisions.” “We’re excited to deepen our...

  12. Family trust rules in desperate need of reform, CPA warns

    families (the Thomas case) is facing a $13.2 million tax bill for an administrative mistake. Jenny Wong, CPA Australia tax lead, said that while the Thomas case was “headline-grabbing” and involved big numbers, the issue at stake ran much deeper as it...

  13. EY's new Qld leader flags future acquisitions

    EY’s new Queensland leader, who will take charge following current managing partner Rick Dennis’ departure in July, has said the firm will look to grow through the acquisition of boutique firms. EY announced the appointment of Paul Laxon, current tax...

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

  14. EY unveils strategic alliance with LinkedIn

    and technology have transformed the way companies operate, and together, EY and LinkedIn will provide organisations with leading-edge tools to navigate those changes,” he said. The partnership is reinforced via integration of the LinkedIn Sales...

  15. EY tips increase in divestment

    cent) of companies expect the number of unsolicited approaches to increase in the next year. EY Oceania transaction services leader Stephen Lomas said the survey results, combined with the fact that a lower Australian dollar is expected to increase...

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

  16. EY tips fintech adoption to double in 2016

    that adoption rates among digitally active consumers could double within the next 12 months. EY Australia’s fintech leader, Anita Kimber, says it is a change that will require traditional financial services companies to revisit their product, service...

  17. EY snares Pyne for consultation gig

    to build Australian science, technology, engineering, innovation and industrial capability,” said EY defence industry leader Mark Stewart. “We’ve already seen an influx of inbound investment by multinational equipment manufacturers. Primes need to...

  18. EY reveals new chief executive

    before taking over as strategy and transactions managing partner in 2016. He has been a member of the EY Oceania Executive Leadership Team for the last five years and has been an active member of a number of Asia-Pacific and global leadership committees...

  19. EY names new SA managing partner

    financial services, manufacturing, retail and information technology. He joined EY as a partner in 2012, most recently leading the Transaction Advisory Service for Adelaide. Mr Manifold said he is excited to lead the firm though the rapid transition...

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

  20. EY names family office lead partner

    EY has recruited an industry veteran to lead its Oceania Family Office Services practice. Richard Boyce has joined the firm from Boyce Family Office and brings with him more than 24 years’ experience advising high-net-worth individuals and families,...

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