Regulation

FNQ labour hire company ‘overcharged workers for lodgings’

NQ Powertrain faces court for allegedly deducting thousands from the wages of Pacific region visa-holders.

07 November 2022 • By Philip King

more from tag

Tax

Why the devil lurks in budget detail

The budget was framed as a reset of fiscal policy by Labor, but the government gave a wide berth to tax reform and had...

04 November 2022 • By Robyn Jacobson

Tax

What does the Minerva case mean for trust distributions?

The Federal Court upheld the ATO’s view that there was an anti-avoidance scheme at work.

04 November 2022 • By John Jeffreys

Appointments

Talent drought fuels race to find offshore accountants

Australian firms already employ hundreds of tax professionals in the Philippines and demand is booming, says...

04 November 2022 • By Philip King

Business

Winners revealed for Women in Finance Awards 2022

Accountants, accounting consultants, bookkeepers and thought leaders were among the 29 winners at this year’s awards.

03 November 2022 • By Malavika Santhebennur

Regulation

Ban, penalties for unfair contracts ‘essential for SMEs’

Changes to contract and consumer law are overdue safeguards against unfair companies, says ACCC

03 November 2022 • By Josh Needs

Tax

Revised work-from-home regime ‘bad news for taxpayers’

Fixed rate of 67c an hour will typically leave people out of pocket compared with previous methods, says H&R Block.

03 November 2022 • By Philip King

Appointments

William Buck merges with Parramatta consultancy

Bringing in the business advisory specialist will broaden Buck’s offerings in Sydney, it said.

03 November 2022 • By Josh Needs

Regulation

Brisbane food shops forced to back pay workers over $400k

FWO finds 58 Brisbane outlets in breach of workplace laws during the latest raids in its national crackdown.

03 November 2022 • By Josh Needs

Business

IR reforms will end up closing small business, says advocate

The concerns of female owners in particular have gone unheard, she says, and pay claims could backfire.

03 November 2022 • By Keeli Cambourne

Tax

ATO releases revised WFH expense claims guidance

UPDATED: The shortcut method adopted during the pandemic ended on June 30 and PCG 2022/D4 changes the game.

02 November 2022 • By Philip King

Regulation

DPP drops charges against WA accountant accused of stealing $725k

Perth bookkeeper faced 13 counts of theft against a mining company but the case has been discontinued.

02 November 2022 • By Keonia Swift

Business

Port Augusta community care service wins $30,000 PwC award

This year’s MURRA Boost Initiative recipient was unaware of the scheme until it won.

02 November 2022 • By Josh Needs

Business

RBA raises rates to 2.85%, expects CPI to peak before 2023

Fast tightening cycle should slow inflation with household spending already squeezed, economists say

02 November 2022 • By Josh Needs

Business

RBA announces rate decision for November

The Reserve Bank has handed down its latest interest rate decision following mixed predictions from economists and...

01 November 2022 • By Josh Needs

Regulation

CA ANZ members decisively reject pay rise for directors

UPDATED: Last week’s AGM voted down a proposal to increase the remuneration pool by almost 16 per cent.

01 November 2022 • By Philip King

Tax

ATO collectable debt balloons to $45bn, small business on hit list

The tax office annual report says pandemic measures are responsible for a huge increase in non-disputed debt.

01 November 2022 • By Philip King

Regulation

ASIC finds rise in audit issues focused on revenue, assets

Deloitte fared worst in the commission’s 2021–22 report while EY came out at the top — again.

01 November 2022 • By Josh Needs