Technology

Receipt Bank completes $73m funding round

Digital bookkeeping platform Receipt Bank is set to boost its presence in Australia following a successful series C...

06 January 2020 • By Jotham Lian

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Business

Major banks tip $400m into Business Growth Fund

The federal government’s planned Business Growth Fund has received a boost, with the big four banks each committing...

27 November 2019 • By Jotham Lian

Business

Are small businesses using the ATO as a bank?

Recent figures show that over 800,000 small businesses are currently on payment plans with the ATO to help them to pay...

08 November 2019 • By Tasha Levy

Tax

Accountants warned on rising bankruptcies linked to Division 7A

A spike in bankruptcies as a direct result of director loans has led to concerns that clients may not fully understand...

08 November 2019 • By Jotham Lian

Business

CountPlus finalises acquisition of major bank-owned advice group

A major bank has finalised the sale of its financial advice group to an ASX-listed accounting network.

02 October 2019 • By Grace Ormsby

Technology

Major bank targets accountants with payment solution partnership

A major bank has teamed up with a debt management fintech to help its accounting clients cut their average debtor days...

23 September 2019 • By Jotham Lian

Business

Banks approving 94% of business loans, says ABA

The majority of businesses are shying away from seeking finance despite the Australian Banking Association claiming...

03 September 2019 • By Jotham Lian

Appointments

Former KPMG partner joins major bank

A former big four partner has crossed over to a major bank as she looks to lead its culture change program as its...

31 July 2019 • By Jotham Lian

Business

Major bank finds 90% of accounting firms are aiming for launches

Over nine out of 10 accounting firms plan to establish a new service line over the next year as business optimism...

18 June 2019 • By Katarina Taurian

Business

Accounting network buys major bank-owned advice group

A major bank has offloaded its financial advice group to an accounting network as it seeks to exit a business...

13 June 2019 • By Jotham Lian

Technology

Major bank announces partnership to enhance tax reporting capability

A major bank has teamed up with a fintech company to introduce a new tax reporting platform that will give advisers...

11 June 2019 • By Jotham Lian

Appointments

Receipt Bank appoints new CEO

Receipt Bank has announced a top leadership change, with its chief executive set to depart from the role.

19 February 2019 • By Jotham Lian

Business

Major bank set to offer same-day lending for SMEs

In what it described as an attempt to support its small business customers, one of Australia’s largest banks has...

12 February 2019 • By Jotham Lian

Technology

Paper ‘pain points’ in Receipt Bank’s sights for 2019

The frustrations of working with paper is a key conversation starter for many software providers in the accounting...

04 February 2019 • By Katarina Taurian

Business

Major bank spies change in investor behaviour, preferences

According to a new report, young Australians are turning to the sharemarket in their hunt for yield.

21 January 2019 • By Jotham Lian

Technology

Major bank unveils invoicing product

A major bank has launched an invoicing payment tool ahead of the imminent rollout of e-invoicing as it looks to speed...

27 November 2018 • By Jotham Lian

Tax

ATO to contact clients over bank details

The Tax Office will be sending SMS text messages to clients who provided incorrect bank account details in their tax...

26 October 2018 • By Jotham Lian

Appointments

Banking regulator gets new deputy chair as new regime looms

The government has announced the appointment of a second deputy chair to the Australian Prudential Regulation...

19 September 2018 • By Katarina Taurian