Business

‘Too soon to celebrate’ fall in inflation rate

The headline figure remains high and businesses will struggle with increased costs and slower consumer spending,...

01 December 2022 • By Josh Needs

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Regulation

ABRS extends director ID deadline by 2 weeks

Registrar confirms more than 1 in 4 have yet to apply.

30 November 2022 • By Miranda Brownlee

Business

CPI figure out for October

Prices for essentials such as fuel, construction, and fresh produce all increase rapidly.

30 November 2022 • By Josh Needs

Business

Credit card complacency ‘costs consumers thousands’

Accountants could help save their clients thousands of dollars a year simply by getting them to change their card...

30 November 2022 • By Keeli Cambourne

Business

ASIC shareholder engagement just a ‘tick-a-box’ exercise: CPA

The body says corporate insolvency and small business restructuring need reform post-pandemic.

30 November 2022 • By Josh Needs

Business

Australian finalist wins global EY event

The bachelor of commerce student was selected for the London finals after winning the 2021 Oceania competition.

30 November 2022 • By Josh Needs

Tax

What the FTX fallout means for accountants

The dramatic collapse of the crypto exchange has left around 30,000 Australians on the list of more than 1 million...

30 November 2022 • By Keeli Cambourne

Business

First criminal wage theft charges lodged under Victorian act

Action under Victorian state law can result in up to 10 years imprisonment and fines of $1.1 million.

30 November 2022 • By Keonia Swift

Business

Real wage growth now will push rates higher, warns Lowe

The RBA governor says a reduction in real wages is essential to keep the lid on inflation.

29 November 2022 • By Josh Needs

Appointments

First female CEO appointed to Office of Financial Management

The selection comes after her predecessor was nominated by the government to join the International Monetary Fund.

29 November 2022 • By Josh Needs

Business

Small breakaway firms are future of the profession

Disaffected millennials will challenge the established order and be a driving force for change, says Shaye Thyer of...

29 November 2022 • By Philip King

Super

Bill to lower downsizer age passes both houses

The bill to reduce the eligibility age for downsizer contributions down to age 55 has now passed the Senate and awaits...

29 November 2022 • By Miranda Brownlee

Business

Accountants ‘miss a trick when it comes to sales’

The profession needs to unlearn the notion that public practice is poorly paid, says the head of accounting at Intuit...

28 November 2022 • By Philip King

Business

Clients have grown more demanding of accountants: KeyPay

The relationship has gone from transactional to trusted advisory in the face of tough financial conditions.

28 November 2022 • By Josh Needs

Regulation

Small business uneasy over IR bill, calls for more talks

COSBOA says time is needed to understand the full ramifications of the proposed law.

28 November 2022 • By Keeli Cambourne

Business

Four reasons to consider a new business lending partner

Finding a suitable finance solution for your small business customers can be daunting. Take the stress out of it by...

28 November 2022 • By Staff writer

Tax

Firm profits allocation guide ‘a very blunt instrument’

PCG 2021/4 resolves the risk issue for just a small sliver of cases, says BDO tax partner.

28 November 2022 • By Philip King

Business

Outdated pricing models mean accountants underpaid

An outdated approach to pricing means accountants have fallen behind other professions and continue to be paid...

25 November 2022 • By Philip King