Regulation

Director cops 1.5-year ban for failed companies owing $9.5m

Four businesses in the food services sector collapsed at the tail end of the pandemic.

11 December 2023 • By Philip King

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Tax

Accountants look in vain for talent shortage silver bullet

Outsourcing will be part of the answer for some, but finding a senior locally will remain a problem, says Trent McLaren.

08 December 2023 • By Philip King

Regulation

CPA Australia’s ‘final round’ of job cuts claims 4

“Years of expertise” depart with yesterday’s redundancies, which the body says completes its restructuring.

08 December 2023 • By Philip King

Super

ATO disqualifies 223 SMSFs trustees

Hundreds failed to comply with super laws or raised concerns about their suitability, the office says.

08 December 2023 • By Keeli Cambourne

Business

End-of-year burnout? 5 ways to turn down the heat

Of course you’re exhausted, but there are ways to make 2024 a little less of a burden.

08 December 2023 • By Barbara Selmer Hansen

Tax

ATO will scrutinise fine print in employee v contractor issues

The Tax Office outlines its long-awaited compliance framework for differentiating between an employee and a contractor.

08 December 2023 • By Christine Chen

Technology

Airwallex tackles challenge of KYC with gen AI

The cross-border payments facilitator says it has accelerated its onboarding process by 20 per cent by applying the...

08 December 2023 • By Christine Chen

Tax

What Bendel exposes about ATO rulings

Landmark AAT decision casts doubt on a longstanding approach to unpaid present entitlements.

08 December 2023 • By Jeremy Makowski

Tax

Agribusiness guide update covers latest tax, legal issues

Law firm Cowell Clarke has revised its popular handbook for regional advisers.

08 December 2023 • By Philip King

Business

Explore 2024's must-have features with Ignition’s Co-Founder and VP of Product...

This year Ignition transformed how accounting professionals manage client engagement & secure cash flow, helping 7k+...

07 December 2023 • By Ignition

Appointments

Chalmers names ‘tax expert’ Rob Heferen as next commissioner

Incoming ATO chief replaces decade-long incumbent Chris Jordan in March.

07 December 2023 • By Philip King

Regulation

Jones creates fee-free adviser category for banks, super funds

Government reforms aim for simple guidance at scale without “unnecessary red tape”.

07 December 2023 • By Philip King

Tax

ATO waives $48m under lodgement amnesty

Small businesses only have until the end of December to take advantage of the scheme, the Tax Office warns.

07 December 2023 • By Philip King

Business

Business confidence plummets, two-thirds gloomy about 2024

The November rate rise confirmed a record run of pessimism, the latest Roy Morgan index shows.

07 December 2023 • By Philip King

Business

90% of SMEs to dial back borrowing in 2024, survey finds

Higher borrowing costs and living pressures have prompted small and medium businesses to adopt a raft of conservative...

07 December 2023 • By Christine Chen

Regulation

CPA Australia ‘descends into chaos’ as exec quits after 3 months

Head of the key Learning and Innovation group walks on the eve of next wave of job cuts.

06 December 2023 • By Philip King

Business

Scammed Tassie firm recovers $150k in AFP ‘money mule crackdown’

Police have arrested 18 alleged “money mules” across the country for their role in laundering $2.6 million of cyber...

06 December 2023 • By Christine Chen

Business

Holiday sales, January CPI ‘critical’ to RBA’s next move

Commentators are divided over whether the bank has done enough to rein in inflation after holding rates at 4.35 per...

06 December 2023 • By Philip King