Regulation

Former PwC chief admits ‘multiple breaches’ of secret files

The Senate inquiry has heard that partners shared documents as well as a start date for a multinational tax regime.

13 October 2023 • By Philip King

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Technology

Hackers eye financial businesses for payday, says cyber expert

Security company Trustwave said hackers have been breaching businesses’ networks by crafting convincing phishing...

13 October 2023 • By Christine Chen

Business

Ticket to ride? Qantas compliance record crashes and burns

The airline has a lot of work to do to repair its reputation and rebuild trust among Australians who just want fair...

13 October 2023 • By Tony Horn

Business

Xero adds gen AI to help desk, promises faster service

The release underscores the accounting software company’s rapid adoption of AI.

13 October 2023 • By Christine Chen

Business

5 essentials for guiding clients into private credit

Increasingly, traditional banks lack the appetite – or freedom – to lend to SMEs without the backing of real estate...

13 October 2023 • By GCI

Business

How to service clients from Indigenous backgrounds

Linking with grassroots groups and ensuring First Nations people take the lead are key to servicing Indigenous...

12 October 2023 • By Malavika Santhebennur

Business

CA ANZ fails to deliver for smaller firms: ChangeGPS

The accounting bodies look weak beside the representative organisations of other professions, says Queensland software...

12 October 2023 • By Miranda Brownlee

Tax

ATO to launch upgraded website next month

After almost a decade, the current design moves aside for a more streamlined, intuitive online service, the Tax Office...

12 October 2023 • By Philip King

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

Super

$3m super tax will thump thousands of SMSF members with $80k bill

More than one in eight will experience “liquidity stress” trying to meet the tax obligations, a report by Adelaide Uni...

12 October 2023 • By Keeli Cambourne

Business

Glimmer of hope in consumer mood, business cautiously confident

Interest rate rises have done more to dampen the confidence of consumers than businesses, according to surveys from...

11 October 2023 • By Christine Chen

Super

APRA plans to open the books on super fund spending

Published information would include donations to unions and political parties, as well as executive remuneration.

11 October 2023 • By Philip King

Appointments

Treasury names 3 members to bolster TPB

The appointments of two lawyers and one tax professor aim to bring a “diversity of skills and experience” to the board.

11 October 2023 • By Christine Chen

Regulation

PwC reforms a disproportionate response: CA ANZ

Draft laws proposed by the government in response to the PwC scandal will create an “uncertain and disruptive” period...

11 October 2023 • By Miranda Brownlee

Regulation

5 most common fee disputes ‘could trigger refund action’

One of the proposed changes to CA ANZ conduct rules is open to abuse, webinar hears.

10 October 2023 • By Philip King

Business

Distressed small businesses flock to shelter of SBR

A spike in applications shows the scheme is gaining traction as a way to handle debts and remain operating, says...

10 October 2023 • By Philip King

Super

Treasury opens consultation on payday super measure

Two models are put forward for the reform as well as revisions to the penalties for late payment.

10 October 2023 • By Miranda Brownlee

Business

Contractor redefinition ‘undermines sole traders’

The Closing Loopholes bill would force companies to treat contractors like employees to the detriment of the smallest...

10 October 2023 • By Philip King