Business

Small business tasked to create 210,000 new jobs to stimulate economy

Australia needs to create about 210,000 jobs across the small business sector in order to deliver a full economic...

06 May 2021 • By John Buckley

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Business

SMEs call for red tape and tax cuts ahead of federal budget

While most small business owners are optimistic for future trading conditions, many of them believe next week’s...

05 May 2021 • By John Buckley

Technology

ATO signals ‘significant’ technology overhaul

The Tax Office will soon approach the market for three major IT contracts as it looks to embark on a multi-year...

05 May 2021 • By John Buckley

Business

Government introduces $10bn reinsurance pool for Northern Australians

Northern Australians are set to benefit from more affordable and accessible home and business insurance, as the...

05 May 2021 • By John Buckley

Technology

Big tech solutions for bookkeepers: how to build your digital ecosystem

Accounting and bookkeeping practices that have yet to migrate their operations to the cloud risk being left behind as...

05 May 2021 • By Intuit Quickbooks

Business

Government flags further insolvency reforms

Small businesses that operate through a trust will now be considered for further protection, as the government mulls...

04 May 2021 • By Jotham Lian

Business

Premier Investments to return $15.6m portion of JobKeeper

Retail giant Premier Investments will now return $15.6 million in JobKeeper payments to the ATO just over a month...

04 May 2021 • By Jotham Lian

Tax

Supporting creative endeavours with exceptional accounting advice

Photographer Zac White counts on his accountant to ensure his business is structured appropriately and his tax...

04 May 2021 • By Intuit Quickbooks

Business

Businesses feeling ‘adverse’ impacts of COVID-safe measures: ABS

While less than two out of 10 businesses are recording a dip in revenue, nearly two-thirds of them are still feeling...

03 May 2021

Business

ATO, TPB unveil new client verification standard

Tax practitioners will soon be required to sight two separate proof of identity documents when onboarding new clients...

30 April 2021 • By Jotham Lian

Appointments

Government appoints new ASIC chair

Treasurer Josh Frydenberg has appointed financial services lawyer Joe Longo as the new chair of ASIC, replacing the...

29 April 2021 • By John Buckley

Tax

Cloud based and still spending hours managing ATO documents? Industry...

ATOmate announces latest integration partnership with cloud-based document management platform FYI ahead of key...

29 April 2021 • By Business Automation Works

Tax

Tribunal overturns tax agent’s 5-year ban, laments ‘regrettable’ TPB...

The Administrative Appeals Tribunal has overturned a five-year registration ban imposed on an Adelaide tax agent after...

29 April 2021

Business

Pandemic toil sees accountants earn small business $45.3bn

In the face of the pandemic, Australia’s small business sector turned to accountants and bookkeepers for reassurance —...

29 April 2021

Business

SMEs considering non-bank financing options at new high: Scotpac

Despite government stimulus introduced to encourage bank borrowing among SMEs, business owners are turning away from...

29 April 2021 • By John Buckley

Business

Victorian ombudsman finds 12,000 businesses ‘unfairly denied’ COVID-19 grants

About 12,000 Victorian businesses could now be eligible for retrospective COVID-19 grants of up to $10,000 after the...

28 April 2021 • By John Buckley

Business

Personal insolvency regulator sends independence warning to practitioners

Insolvency practitioners have been urged to steer clear of dual appointments, contentious referral relationships and...

28 April 2021 • By Jotham Lian

Business

WA woman faces jail term over early access to super fraud

A Western Australian woman now faces 31 counts of fraud after allegedly submitting multiple false claims on behalf of...

27 April 2021 • By Jotham Lian