Regulation

CA ANZ opens voting on revised conduct code

As the body’s AGM looms, its annual report shows losses widened to almost $9 million last year.

26 September 2023 • By Philip King

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Appointments

Salary growth ‘line-ball with CPI’, accountants in lead pack

Annual growth of 4.8 per cent comes down to big increases in a handful of sectors, data from Seek shows.

25 September 2023 • By Philip King

Business

1 in 2 retailers expect decline in margins over Christmas

As consumers cut discretionary spending almost three-quarters think discounting will be higher too, Deloitte report...

25 September 2023 • By Miranda Brownlee

Appointments

ASIC chief accountant becomes AUASB chair

The appointment comes as the latest figures show a marked decline in the number of auditors.

25 September 2023 • By Philip King

Regulation

TPB slaps 5-year ban on accountant involved in $26m fraud

Benjamin Carter poses an “unacceptable” risk to the public and must be prevented from practising, the board said.

22 September 2023 • By Christine Chen

Tax

Victorian ‘Airbnb tax’ misjudges landlords, experts say

Experts believe the proposed levy will be a negative for both property owners and renters.

22 September 2023 • By Christine Chen

Tax

ATO linking system takes giant stride into business

The revised procedure will encompass an additional 1.7 million entities from 13 November.

22 September 2023 • By Philip King

Business

Finalists unveiled for Women in Finance Awards 2023

More than 240 women in the finance industry have qualified as finalists at this year’s Women in Finance Awards.

22 September 2023 • By Malavika Santhebennur

Regulation

Why ASIC has changed tack with audit reviews

The revised approach relies on an analysis of the “financial reporting chain” to select audit files for review.

22 September 2023 • By Greg Yanco

Regulation

Why adviser misconduct crackdown must focus on miscreant minority

Honesty and integrity remain hallmarks of the profession despite the aberrant behaviour of a few.

22 September 2023 • By Robyn Jacobson

Tax

GP clinics left with uncertainty on payroll tax, says KPMG

Medical centres are unlikely to get clarity on the issue until there is further litigation, the firm believes.

22 September 2023 • By Miranda Brownlee

Regulation

ASIC sues crypto exchange after customers lose $13m

The regulator alleges Bit Trade failed to comply with rules for a margin product and says the action should serve as a...

21 September 2023 • By Jon Bragg

Regulation

Compliance burden ‘raises doubts about scale’ of PwC response

The draft legislation leaves many questions unanswered and insufficient time for consultation, CA ANZ says.

21 September 2023 • By Philip King

Technology

Free app ‘aims to put a tax accountant in your pocket’

The Tax App seeks to improve access to accounting by offering services that cost users “half of your weekly grocery...

21 September 2023 • By Christine Chen

Business

Price of services will push up August CPI figure, NAB predicts

Inflation may accelerate this quarter with wage pressure and services prices offsetting disinflation in the cost of...

21 September 2023 • By Miranda Brownlee

Business

‘Lighten up and delegate’: How women can juggle work and home

A financial adviser has urged women in finance to outsource domestic tasks so they can focus on their business.

21 September 2023 • By Malavika Santhebennur

Regulation

Canberra unveils sweeping reforms in wake of PwC scandal

Draft legislation includes changes to promoter penalty and secrecy laws as well as stronger sanctions and a more...

20 September 2023 • By Philip King

Tax

NSW fuels budget turnaround through compliance, tax hikes

The government’s budget closes loopholes and funds Revenue NSW to improve tax “fairness and integrity”.

20 September 2023 • By Christine Chen