Regulation

Client-agent linking has stopped identity fraud: ATO

The Tax Office claims the process has been successful in stopping criminals from compromising agents’ client lists.

21 June 2024 • By Miranda Brownlee

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Profiles

Alexander King – Tax adviser to the funds management and property sectors

Alexander King practices in tax consulting and compliance, specialising in the funds management, property,...

20 June 2024 • By Mann Judd: Advisory and Accounting

Business

Government urged to fast-track visas for migrant accountants

Firms are struggling to hire enough local workers to meet demand caused by insolvencies and reporting requirements,...

20 June 2024 • By Christine Chen

Appointments

Ex-ABC general counsel to join BDO board as independent director

Connie Carnabuci will help evaluate governance structures amid heightened scrutiny of professional services firms.

20 June 2024 • By Christine Chen

Business

Consumer pullback fuels record insolvency wave: CreditorWatch

The long-awaited cut in spending has arrived and is hitting energy, education and mining businesses the hardest.

20 June 2024 • By Christine Chen

Technology

Ditch ‘error-prone’, insecure invoicing methods, says ASBFEO

Switching to e-invoicing cuts cyber risks and improves payment times, the small business ombudsman says.

20 June 2024 • By Christine Chen

Business

ATO launches data-matching program for false Medicare levy claims

The Tax Office will receive Services Australia records from 180,000 individuals to crack down on dodgy levy exemption...

19 June 2024 • By Christine Chen

Tax

NSW to rebate payroll tax, waive debts in $189m GP bulk-billing push

The Australian-first initiative is expected to end the uncertainty for contractor doctors and make appointments...

19 June 2024 • By Christine Chen

Technology

1 in 2 businesses flag ‘substantial’ AI spending

A survey finds adoption is booming as organisations seek to drive growth, improve customer experience and cut costs.

19 June 2024 • By Christine Chen

Business

RBA makes cash rate call for June

The Reserve Bank has handed down its latest interest rate decision following higher-than-expected inflation data.

18 June 2024 • By Miranda Brownlee

Tax

EOFY efficiency for your firm and your clients

Discover how founder of Melbourne-based accounting firm Infinance Solutions, Tish Bhagwandeen, built a more productive...

18 June 2024 • By Intuit QuickBooks

Technology

Hassle-free migration from Sage Business Cloud Accounting clients to Intuit...

Effective from June 30, 2024, Australia-based businesses using Sage One will be left without an accounting software...

18 June 2024 • By Intuit QuickBooks

Business

Small business to get bigger share of $75bn federal spending

The government has set more ambitious procurement targets that require SMEs to receive 25 per cent of all contracts...

18 June 2024 • By Christine Chen

Tax

NSW seizes ‘low-hanging fruit’ with new land tax slugs

Property owners have become an easy target for state governments to raise revenue, but experts warn the measures will...

18 June 2024 • By Christine Chen

Regulation

Dob-in provisions could apply ‘retrospectively’, warns IFPA

The TPB’s draft guidance does not rule out whether practitioners will be required to report offending actions that...

18 June 2024 • By Christine Chen

Regulation

Annual tax agent registration fees introduced to boost oversight

Tax agents will now pay an annual fee of $273 from July instead of $704 every three years.

18 June 2024 • By Christine Chen

Tax

Freight company wins small business CGT concession dispute

The dispute in the AAT turned on competing asset valuations by PKF and KordaMentha, on behalf of the ATO.

17 June 2024 • By Christine Chen

Business

KPMG consulting overhaul to claim 200 jobs, cut $80m in costs

The savings will be redirected to high-demand advisory work focusing on technology and AI.

17 June 2024 • By Christine Chen