Regulation

CA ANZ triples member ethics training, mandates annual pledge

The professional body has outlined 14 actions and recommendations for members, firms and the government to rebuild...

08 February 2024 • By Christine Chen

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Technology

Apple Pay outpaces Afterpay in digital payments race

High awareness of buy-now-pay-later services fails to translate into user growth.

08 February 2024 • By Philip King

Super

ASIC takes action against 9 SMSF auditors

The regulator disqualifies five, cancels two and imposes conditions on two more in a crackdown on standards.

07 February 2024 • By Philip King

Technology

1 in 4 finance execs lack confidence in company data

Too much manual processing leaves businesses without the ability to monitor cash flow and vulnerable to external...

07 February 2024 • By Philip King

Appointments

Moore snags audit director from Deloitte

The firm is eyeing ex-big four accountants to support the division’s “remarkable” growth trajectory, according to CEO...

07 February 2024 • By Christine Chen

Super

Auditor rallies younger members to fight against $3m super tax

Younger super members have the most to lose from the proposed $3 million super balance tax and should take notice,...

07 February 2024 • By Miranda Brownlee

Business

Economists confident of rate cuts despite hawkish RBA

The central bank refuses to rule out hikes to combat inflation, but commentators believe all indicators point to...

07 February 2024 • By Christine Chen

Business

RBA leaves rates unchanged at 4.35%

The bank extends its pause on monetary tightening for another month but refuses to rule out a further hike to stamp...

06 February 2024 • By Christine Chen

Super

Unlicensed director faces 9 charges for steering SMSFs into own company

The Queensland man encouraged investors to set up an SMSF then channel funds into crypto assets in his business.

06 February 2024 • By Keeli Cambourne

Tax

ATO to sool debt collector on 150,000 taxpayers

Recoveriescorp has been engaged by the Tax Office in its first use of a collection agency since the pandemic.

06 February 2024 • By Philip King

Technology

QuickBooks aims Online Advanced at mid-market

The AI-enhanced upgrade targets businesses with more than five employees that require additional functionality such as...

06 February 2024 • By Christine Chen

Business

Trust taxation ‘in urgent need of review’, government told

The trust taxation rules are unnecessarily complex and imposing a rising compliance burden on small to medium...

06 February 2024 • By Miranda Brownlee

Business

Conflict ‘inherent’ for firms with public, private clients: Scyne

The PwC spin-off tells a parliamentary committee its mission is “purpose over profit” compared to other big four...

06 February 2024 • By Christine Chen

Tax

Staff ready to help with client linking issues: ATO

The Tax Office defends the revised system after a chorus of complaints from agents and bookkeepers.

05 February 2024 • By Philip King

Regulation

One-stop audit and advisory a risk to integrity, says tax lobby

Accounting firms should be prohibited from providing both advisory and audit services to the same entity, the...

05 February 2024 • By Miranda Brownlee

Regulation

ICB urges Canberra to intervene in client linking, ditch red tape

The bookkeeping body’s budget submission calls for regulatory relief in an “incredibly tough” operating environment.

05 February 2024 • By Christine Chen

Regulation

ATO closes $105m Plutus payroll case with final fraudster jailed

Sutherland man who pleaded guilty to dealing with the proceeds of crime gets four-and-a-half years.

02 February 2024 • By Philip King

Appointments

1 in 3 workers expect 4-day weeks by 2030, survey finds

Employees also want full flexibility and hybrid working models to become standard practice, according to HR firm ADP.

02 February 2024 • By Christine Chen