Regulation

FWO secures $355k in penalties against Brisbane sushi restaurant

Landmark fine imposed for underpaying staff and falsifying records.

07 July 2022 • By Josh Needs

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Business

Collaterally damaged businesses ‘need safe harbour spot’

Tax provisions for businesses hit by natural disasters should be extended, says IPA.

06 July 2022 • By Philip King

Tax

How to change loss carry back choice

The ATO has outlined how to make alterations to the relevant year.

06 July 2022 • By Josh Needs

Business

RBA rate raises ‘will need to keep going’

Further increases are highly likely, says CreditorWatch economist.

06 July 2022 • By Josh Needs

Appointments

PKF names a raft of partners

Five advance ahead of company-wide promotions next month.

06 July 2022 • By Philip King

Business

RBA raises rates by 50 bps to 1.35%

The RBA has once again risen rates in an effort to slow inflation.

05 July 2022 • By Josh Needs

Tax

ATO awards itself green ticks for performance

Self-imposed targets suggest an overall pass mark, although on some metrics it has gone backwards.

05 July 2022 • By Philip King

Business

MYOB buys GT Business Solutions

Sydney-based specialist bolsters MYOB’s enterprise resource planning operations.

05 July 2022 • By Philip King

Business

Non-bank lending primed to come of age

As the credit market tightens for small business, agile alternatives can outflank tick-a-box banks, says one lender.

05 July 2022 • By Philip King

Appointments

KordaMentha, SW appoint additional partners

Promotions demonstrate confidence in the potential for growth, they say.

05 July 2022 • By Josh Needs

Business

Accountants ‘at epicentre’ of growth in non-bank finance

Accountants are helping open the door to alternative sources of finance and investment as the trusted advisers to...

04 July 2022 • By Philip King

Technology

APS adds myprosperity portal

Practice management software links with personal wealth platform.

04 July 2022 • By Philip King

Appointments

Pitcher Partners promotes seven partners and one executive director

The appointments reward talent and create opportunities for growth, says chairman.

04 July 2022 • By Josh Needs

Business

‘Light touch’ needed for online client linking system

Issues with the roll-out of director IDs suggest there will be challenges for the upgraded process, says CPA Australia.

04 July 2022 • By Philip King

Regulation

ASIC gives liquidator reprimand rather than ban

Conduct had the potential to undermine confidence, regulator said.

04 July 2022 • By Josh Needs

Tax

Profit motive puts crypto trades on revenue account

Most people buying digital currencies target gains from selling, which means they qualify as commercial transactions...

02 July 2022 • By John Jeffreys

Business

Wage growth slows despite talent drought

Xero research reveals sales are up but salaries are slowing in face of labour shortages.

01 July 2022 • By Josh Needs

Business

Take a strategic approach to dealing with DPNs

Director penalty notices are being issued by the ATO but appointing an insolvency practitioner is not always the best...

01 July 2022 • By Trevor Withane