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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

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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
Businesses feeling adverse impacts of COVID-safe measures
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
ATO
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
Joe Longo
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
AAT
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
Intuit QuickBooks
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
SMEs considering non-bank financing options at new high
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
Deborah Glass
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
Gavin McCosker
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
early access to super fraud
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
tax evasion
Business

WA man charged over $2.57m tax evasion, ATO impersonation

A Perth man could face up to 22 years in jail for impersonating an ATO officer and failing to declare $7 million in...
26 April 2021 • By Jotham Lian
Vaccine rollout
Business

Vaccine rollout key to Australia’s economic recovery

While the Australian economy has shown positive signs of recovery, challenges still remain, says the Grattan Institute.
26 April 2021 • By John Buckley
KPMG
Business

KPMG confirms 4% pandemic bonus

KPMG has now confirmed that staff will receive a one-off “thank-you payment” worth 4 per cent of their annual salary.
22 April 2021
Business

Early access to super used to pay mortgages, credit cards, bills

New data shows that nearly a third of those who applied for early access to their superannuation as a result of...
22 April 2021
Illegal early access scheme operator pleads guilty
Regulation

Illegal early access scheme operator pleads guilty

A financial adviser who operated a scheme providing illegal early access to superannuation funds for his clients has...
22 April 2021 • By Jotham Lian
Adam Powick
Business

Deloitte Australia reveals new chief executive

The big four firm has announced Adam Powick as its new CEO, taking over from Richard Deutsch who abruptly resigned in...
21 April 2021 • By John Buckley