Technology

Fintech start-up’s gig economy tax app enables open banking

The TaxLeopard software will integrate with any local bank account to capture money movements.

10 November 2023 • By Philip King

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Regulation

Accounting bodies oppose increase to bankruptcy threshold

A rise in the default figure to $20,000 will fail to alleviate cost-of-living pressures, say CPA Australia and CA ANZ.

12 October 2023 • By Miranda Brownlee

Business

Cash access vital ‘to resist agenda of banks, supermarkets’

Demand for the legal tender remains undiminished and many vulnerable people rely on it, lobby group says.

20 September 2023 • By Philip King

Technology

ATO, myGovID, banks, telecoms to rely more on facial recognition

Identity verification laws introduced this week will allow data matching systems to be developed by the...

15 September 2023 • By Philip King

Business

Bank lending to small business leaps 28% in FY2022–23

Total outstanding credit reaches almost $600bn with loans to small business up by one-third, the ABA says.

31 August 2023 • By Philip King

Regulation

‘Room for improvement’ on bank safeguards for guarantors

The Banking Code Compliance Committee gives the industry a pass mark on its 2021 recommendations but there is still...

28 August 2023 • By Philip King

Business

Cyber breaches cast long shadow over Optus, Medibank

Roy Morgan’s latest data on brand trust reveals the lingering impact of compromised customer information.

21 August 2023 • By Philip King

Regulation

Bankrupt lawyer with $4.7m tax debt ordered to pay $55k security

Migration specialist who moved to Romania in long-running case seeks appeal against payment ruling.

15 August 2023 • By Naomi Neilson

Appointments

Mackay Goodwin appoints bankruptcy division head

The firm’s director expects an uptick in insolvencies amid high interest rates and an ATO director crackdown.

09 August 2023 • By Christine Chen

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

Business

How to raise capital without a trip to the bank

Small businesses might be getting the cold shoulder from traditional lenders, but there are other options worth...

21 April 2023 • By Angus Sedgwick

Regulation

ASIC fails big banks for $550m in customer scam losses

Bank majors told to lift their game after more than 31,700 customers were conned last year.

21 April 2023 • By Josh Needs

Business

Bankruptcies ‘to triple if history repeats itself’

Personal insolvencies moved in lock-step with rate rises during previous crises and that points to a huge increase...

09 February 2023 • By Philip King

Technology

Hackers post sensitive Medibank data

UPDATED: Information on drug addiction and HIV results expose around 100 customers on the dark web.

09 November 2022 • By Josh Needs

Technology

Medibank hackers made off with complete database on 9.7m

UPDATED: Millions more compromised by the cyber crime and insurer says paying a ransom would fail to protect data.

07 November 2022 • By Philip King

Tax

Big-end-of-town tax: miners, banks pay up, but for one-third it’s zip

Just seven companies paid 40 per cent of the $69 billion income tax reaped from 2,500 large corporations.

04 November 2022 • By Josh Needs

Technology

Medibank breach could compromise up to 4 million

UPDATED: Investigations by the health insurer have revealed the cyber hack accessed vast amounts of personal and...

26 October 2022 • By Philip King

Regulation

Insolvency body welcomes ‘overdue’ review of bankruptcy laws

Personal and corporate insolvency regimes should merge to reduce cost and complexity, says ARITA.

04 October 2022 • By Philip King