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Tax
Lawyer and accountant in $105m Plutus Payroll scam faces court
A lawyer and accountant caught up in Australia’s largest fraud scam, which robbed the Tax Office of over $100 million,...
30 June 2023 • By Naomi Neilson
Business
Small businesses must understand 1 July changes, says ASBFEO
30 June 2023 • By Josh Needs
Technology
Financial transformation firm Canvas integrates with OpenAI
30 June 2023 • By Josh Needs
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Technology
Trust has become the only currency for banking apps
Customers want more bells and whistles on their mobile finance apps, but that comes with security implications.
30 June 2023 • By Pieter Danhieux
Tax
Why the revised ATO charter comes up short on accountability
The office has responded to feedback and made the document more accessible, but a key failing remains.
30 June 2023 • By John Jeffreys
Business
Retail rebounds on discretionary spending, dining out
Turnover rises above expectations in May thanks to food costs and sales events.
29 June 2023 • By Philip King
Business
One in four households raids savings to make ends meet
The rising cost of groceries, energy and fuel are forcing consumers to dip into nest eggs, a survey finds.
29 June 2023 • By Philip King
Tax
What tax agents must tell SMEs before 30 June
With only a few days until the end of the financial year, there are three things small businesses need to know,...
29 June 2023 • By Josh Needs
Tax
SA medical centres win payroll tax reprieve
One-year amnesty gives health centres time to adjust until and “helps to secure the future of general practice” in the...
29 June 2023 • By Philip King
Appointments
RSM promotes nine with focus on cyber, climate risks
Fresh partners with expertise in ESG and digital security bolster the firm’s Perth leadership team.
29 June 2023 • By Philip King
Business
Inflation slows to lowest level in more than a year
However, excluding price moves in volatile items shows only a modest fall in underlying inflation, the ABS says.
28 June 2023 • By Philip King
Tax
Avoid lodging returns too early, warns ATO
Waiting for all pre-filled data to be gathered before lodging is the best way to avoid processing delays and follow-up...
28 June 2023 • By Josh Needs
Appointments
KPMG Australia elects next national chairman
The national managing partner takes over the position from Alison Kitchen in September.
28 June 2023 • By Josh Needs
Business
ISSB standards to provide clarity for businesses
While they may not be the primary target of the sustainability framework, SMEs must be aware of the impact they could...
28 June 2023 • By Josh Needs
Regulation
Accountant faces 10 years’ jail, charged with forging signatures
ASIC alleges the accountant falsified signatures in audits of 12 clients between 2015 and 2020.
28 June 2023 • By Josh Needs
Tax
ATO reveals refreshed charter
The Tax Office says the charter has reinforced its commitment to the Australian community.
27 June 2023 • By Josh Needs
Tax
Trust administration is a tricky affair, not a tick-and-flick exercise
While S100A attracted the headlines and attention, other recent events have also impacted how trusts need to be...
27 June 2023 • By Tony Greco
Business
PwC’s $1 deal an attempt to ‘phoenix’ its government relationship
The global organisation has taken greater control of the Australian firm’s mishaps, parachuting in one of its own as...
27 June 2023 • By Josh Needs
Regulation
TPB bans agent for 5 years over $16m in undeclared income
The organisation found the tax agent also failed to lodge 54 BAS and 23 income tax returns.
27 June 2023 • By Josh Needs
Appointments
RSM Australia appoints 3 additional partners
The firm said the appointments are in response to the increasingly complex environment and demands from clients.
27 June 2023 • By Josh Needs