Business

Accountant charged over bankruptcy fraud advice

A Perth tax agent is among a trio charged with allegedly concealing and disposing of a property worth more than...

05 May 2021 • By Jotham Lian

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Business

Bankruptcy trustee referred to disciplinary committee

A bankruptcy trustee accused of breaching his statutory and fiduciary duties has been referred to a disciplinary...

12 March 2021 • By John Buckley

Technology

Receipt Bank announces global rebrand

Digital bookkeeping platform Receipt Bank has now announced a rebrand to Dext as it surpasses one million users.

24 February 2021 • By Jotham Lian

Business

Government warned against making bankruptcy an ‘attractive option’

Reducing the default period of bankruptcy from three years to one year would make it ripe for misuse, says one...

17 February 2021 • By Jotham Lian

Business

Advising an ASX listed company? 5 tips you need to know about non-bank funding

Promoted by ORB Alternative Out with the old and in with the new. Non-bank funding may be the smarter option for your...

03 February 2021 • By ORB Alternative

Business

Attorney-General floats bankruptcy changes, tougher sanctions against...

Changes to the personal insolvency system, including reducing the default period of bankruptcy from three years to one...

18 January 2021 • By Jotham Lian

Business

Major bank cuts rate on business, home loans

A major bank has moved to reduce interest rates on its business and home loans following the Reserve Bank’s historic...

04 November 2020 • By Jotham Lian

Technology

Intuit QuickBooks achieves open banking milestone

Intuit QuickBooks has become the first accounting software provider to be accredited for open banking, allowing users...

15 October 2020 • By Jotham Lian

Business

Accountants Daily Strategy Week Day 3 wrap-up: The insolvency tsunami and...

Identifying clients who are on the verge of collapse and helping others repay loan deferrals or access new loans were...

10 September 2020 • By Jotham Lian

Business

US-style debtor-led bankruptcy arrangement risky, government warned

The government has been warned that simply adopting US-style bankruptcy measures could result in propping up...

25 August 2020 • By Jotham Lian

Technology

Non-bank lender announces Xero app launch

A non-bank lender has now completed a new integration on the Xero app marketplace aimed at improving small businesses’...

23 July 2020 • By Jotham Lian

Business

Banks to extend COVID-19 loan deferrals beyond ‘September cliff’

Australia’s banks will now extend loan deferrals for another four months for customers who are struggling to make...

08 July 2020 • By Jotham Lian

Business

Major bank falls prey to $8m underpayment

Payroll calculation errors will now see a major bank compensate a total of $8 million to approximately 8,000 staff.

03 July 2020 • By Jotham Lian

Technology

Receipt Bank acquires Xero app partner

Receipt Bank has acquired a Xero-integrated accounting app, in a move that is set to help accountants and bookkeepers...

16 June 2020 • By Jotham Lian

Business

Federal Court voids banks’ unfair small-business contracts

The Federal Court of Australia has found that two Australian banks used unfair contract terms with their...

01 June 2020 • By Jotham Lian

Business

7-time bankrupt ends up in jail

A seven-time bankrupt has been sentenced to over two years in jail after pleading guilty to more than a dozen...

29 May 2020 • By Aidan Curtis

Business

Banks offer $86bn in new loans

More than $86 billion in new loans have now been provided to close to 80,000 businesses, according to the Australian...

19 May 2020 • By Jotham Lian

Business

Incoming insolvency spike could prompt bankruptcy changes

The inevitable spike in business insolvency numbers as a result of the COVID-19 crisis should lead to permanent...

14 May 2020 • By Aidan Curtis