Business

RBA unlikely to change course until next year, economists predict

The Reserve Bank is expected to keep rates on hold until next year in order to retain strength in the labour market...

08 May 2024 • By Miranda Brownlee

more from tag

Business

Victorian budget offers ‘little support’ to struggling businesses: CPA

The Victorian budget has spared investors from further taxes and levies but offered limited support for beleaguered...

07 May 2024 • By Miranda Brownlee

Business

RBA announces cash rate decision amid mixed inflation data

The Reserve Bank of Australia has announced its decision on the cash rate target after stronger than expected...

07 May 2024 • By Miranda Brownlee

Business

Hassle-free migrate from Sage Business Cloud Accounting clients to Intuit...

Effective from June 30, 2024, Australia-based businesses using Sage One will be left without an accounting software...

07 May 2024 • By Intuit QuickBooks

Regulation

Big 4 partnership caps under consideration by Treasury

Treasury is consulting on key issues affecting public confidence in the big four.

07 May 2024 • By Nick Wilson

Regulation

Property linked to GST fraud forfeited to Commonwealth

A property paid for by a man jailed for an $800,000 GST fraud has been forfeited to the Commonwealth.

07 May 2024 • By Miranda Brownlee

Super

$3m super tax likely to progress ‘warts and all’, IPA warns

The government looks set to press ahead with the $3 million super tax design as planned despite the profession raising...

07 May 2024 • By Miranda Brownlee

Regulation

ATO to be given ‘notice to produce’ powers under proposed changes

The government is exploring options for expanding information-gathering powers for the ATO and TPB.

06 May 2024 • By Miranda Brownlee

Tax

Scrutinise trust deeds to avoid ‘unexpected outcomes’, ATO urges

The Tax Office has said it often sees trustees failing to follow deeds or not checking family trust elections.

06 May 2024 • By Christine Chen

Appointments

BDO launches Perth infrastructure practice with housing focus

The infrastructure and advisory group aims to work with the government and private sector to help build more social...

06 May 2024 • By Christine Chen

Technology

Xero price hikes could trigger shift to other platforms, says Reckon CEO

Excessive price rises among some larger accounting software providers will see accountants and SMEs vote with their...

06 May 2024 • By Christine Chen

Tax

ATO to crack down on rental income, WFH deductions this tax time

Taxpayers who “copy and paste” work-related claims each year or try to offset their rental income by inflating...

06 May 2024 • By Christine Chen

Tax

National charity regulator concerned about misuse of complex corporate...

The misuse of complex structures is an emerging focus for the Australian Charities and Not-for-profits Commission in...

03 May 2024 • By Sue Woodward, ACNC

Technology

‘The final straw’: Xero users baulk at another price hike

Accounting software giant draws storm of criticism after jacking up plan fees for the second time in a year.

03 May 2024 • By Christine Chen

Business

Power to name and shame late payers is excessive, biased: Ai Group

Proposed reforms to improve small business payment times will allow the government to publicly denounce around 1,500...

03 May 2024 • By Christine Chen

Business

Accountant shortage, knowledge gap a ‘grave concern’ for leaders

The financial services sector is reportedly amid a significant knowledge gap. This could severely impact the finance...

03 May 2024 • By Jack Campbell

Tax

ATO cautions tax agents on ‘cut and paste’ lodgment deferrals

Requests for lodgment deferrals that are generic or limited in information are likely to be denied, the ATO has warned...

02 May 2024 • By Miranda Brownlee

Regulation

TPB to implement safeguards against ‘vexatious breach reports’

The TPB has assured tax agents that any frivolous or malicious reports made under the dob-in provisions will be viewed...

02 May 2024 • By Miranda Brownlee