Business

Interest rate increase ‘to quash seasonal hiring spike’

Declining consumer confidence will take the wind out of the usual Christmas jobs demand, says Employment Hero.

09 November 2023 • By Philip King

more from tag

Tax

ATO targets utes in myth-busting FBT mission

Some employers are pushing the limits of the personal use exemption especially when it comes to vehicles, deputy...

09 November 2023 • By Miranda Brownlee

Technology

DSS launches ‘first cloud-based platform’ to simplify client billing

The product caters for accountants and other professional services workers who struggle with tracking tedious...

08 November 2023 • By Christine Chen

Super

ATO raises $973m in SG charge liabilities in FY23

The ATO finalised around 14,000 SG cases during the year, with around 90 per cent initiated by employees, compliance...

08 November 2023 • By Miranda Brownlee

Technology

Small business recoils from cost of cyber security

The main barrier to more secure digital systems is price, a Mastercard survey finds, and raising revenue has become a...

08 November 2023 • By Philip King

Business

Do your homework to avoid ‘culture tax’, accountants told

To gain the trust of clients from diverse backgrounds it makes sense to educate yourself about them, says a change...

08 November 2023 • By Malavika Santhebennur

Business

RBA move a ‘kick in the guts’, but few surprised

With Christmas approaching, small business and mortgage holders can look forward to “the type of pain that high...

08 November 2023 • By Philip King

Business

RBA reveals interest rate decision for Cup Day

The Reserve Bank of Australia has announced its cash rate decision following higher than expected inflation figures...

07 November 2023 • By Miranda Brownlee

Business

First Women in Finance Summit sells out

Hundreds will gather for the inaugural event this Friday to listen to a range of speakers from across the profession.

07 November 2023 • By Malavika Santhebennur

Regulation

Gippsland restaurant fined $4k for breaking child work laws

A community tip-off to the Wage Inspectorate triggered an investigation but the food outlet continued to employ...

07 November 2023 • By Philip King

Technology

Seamlss adds client-linking feature to onboarding software

Next week’s rollout of the ATO’s revised requirements takes in all businesses with an ABN except sole traders.

07 November 2023 • By Philip King

Technology

Airwallex launches interest-bearing greenback account

In a claimed first for Australia, US dollar balances in Yield earn interest at “double the rates of the big banks”.

07 November 2023 • By Philip King

Tax

Next 5,000 review finds tax errors, poor record keeping

The ATO says a lack of documentation leads to issues over intra-group transactions and trust distributions.

07 November 2023 • By Miranda Brownlee

Business

Accountants ‘should cull one-third of their clients every year’

Problematic clients take accounting firms for granted and are a waste of resources, says one consultant.

06 November 2023 • By Christine Chen

Super

Joint bodies reject ‘two-tier’ approach to NALE reforms

The government has been told to scrap its amendments to the non-arm’s length expense rules with industry associations...

06 November 2023 • By Miranda Brownlee

Business

Tread warily ‘or risk fallout’ with clients in distress

Accountants can become collateral damage when a business runs into trouble if they fail to avoid the pitfalls,...

06 November 2023 • By Philip King

Appointments

COSBOA board adds diverse experience with 2 appointments

The nine-member leadership group is ideal to tackle challenges facing the small business sector, the body says.

06 November 2023 • By Philip King

Regulation

QAR ‘will fail to make financial advice affordable for most’

The licensing regime looks certain to remain out of sync with people’s guidance needs, says fintech chief.

06 November 2023 • By Philip King