Business

New credit reporting bill passes Parliament

Financial hardship information will soon feature on a person’s credit report, after new laws aimed at giving consumers...

05 February 2021

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Business

RBA backs JobKeeper end

Reserve Bank of Australia governor Philip Lowe has backed the government’s decision to let JobKeeper expire in March...

04 February 2021 • By Jotham Lian

Business

Auditor-General launches JobKeeper audit

The Australian National Audit Office has agreed to examine the JobKeeper program after concerns from Labor on large...

03 February 2021 • By Jemelle Blanco

Technology

Intuit QuickBooks acquires Australian tech firm

Intuit QuickBooks has announced the acquisition of a Sydney-based integrations platform as it looks to bolster its new...

03 February 2021 • By Jotham Lian

Business

Advising an ASX listed company? 5 tips you need to know about non-bank funding

Promoted by ORB Alternative Out with the old and in with the new. Non-bank funding may be the smarter option for your...

03 February 2021 • By ORB Alternative

Regulation

ATO opens claims for first JobMaker quarter

The first claim period for the JobMaker Hiring Credit scheme is now underway, with the ATO reminding employers that...

03 February 2021

Business

RBA makes first cash rate call of the year

The Reserve Bank of Australia has made its first call on the official cash rate for this year following its decision...

02 February 2021 • By Jotham Lian

Business

Accounting bodies fight back against mandatory e-invoicing

Australia’s largest professional accounting bodies have now unequivocally told the government not to mandate...

02 February 2021

Tax

ASIC failed to question KPMG tax bill despite Shipton’s concerns

ASIC will commence implementing new expense policies and thresholds after an independent review took aim at its...

02 February 2021

Regulation

ASIC chair to step down despite being cleared of wrongdoing

ASIC chair James Shipton will step down from his role once a successor has been found, Treasurer Josh Frydenberg has...

29 January 2021

Business

5 ways SMEs can prepare for a post-COVID world

With a vaccine on the horizon, a post-COVID “new normal” may just become a reality during 2021. This means Australian...

29 January 2021 • By Thiru Kandiah, RSM Australia

Business

Labor demands JobKeeper inquiry as corporates hand back wage subsidies

Labor is demanding an inquiry into the JobKeeper program as it looks to heap pressure on corporates who have turned...

29 January 2021 • By Jemelle Blanco

Business

Mandate e-invoicing, says MYOB

MYOB has urged the government to push ahead with its plans to make e-invoicing mandatory, after finding that small...

29 January 2021

Business

‘Unreasonable onus’: Accountants push back against proposed registration...

Forcing tax practitioners to screen close associates and employees under the fit and proper person test would heap...

28 January 2021

Regulation

Proposed ATO penalty regime faces backlash

The government is unlikely to confer new powers to the ATO to allow it to impose administrative penalties on tax...

27 January 2021

Business

PM implored to consider JobKeeper extension for aviation industry

The aviation industry is calling on the government for additional support, as one of Australia’s hardest-hit...

25 January 2021

Regulation

Former Sydney liquidator pleads guilty to fraud, dishonesty

A former registered liquidator who allegedly misappropriated close to $240,000 has pleaded guilty to fraud and...

22 January 2021

Tax

ATO pushed to ensure pro-bono tax clinics don’t crowd out practitioners

Tax clinics providing free support to vulnerable taxpayers should continue to be a feature of the tax system, but...

22 January 2021