Business

ASIC releases new guidance on hawking reforms

ASIC has published updated regulatory guidance on the incoming reforms on the prohibition of hawking financial products.

27 September 2021

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Business

New casual employment laws to kick in with $66k penalties

Australian businesses with long-term casual staff could soon face fines in excess of $66,000 if they fail to offer...

22 September 2021

Tax

Rogue agent sees over 2,000 taxpayers impacted

Over 2,000 taxpayers in Western Australia who used an unregistered preparer to lodge their tax returns could now be...

21 September 2021

Business

‘Incredulous’: Service NSW confirms JobSaver fortnightly retest

Accountants and bookkeepers will be forced to reconfirm their clients’ eligibility for JobSaver and the Micro-Business...

20 September 2021 • By Jotham Lian

Business

Former SMSF adviser hit with permanent ban

A former Sydney financial adviser has been banned by ASIC after being sentenced for misappropriating almost $3 million...

20 September 2021

Business

CA ANZ ‘monitoring’ KPMG cheating fallout

KPMG Australia partners and staff implicated in its internal cheating saga could soon hear from Chartered Accountants...

17 September 2021 • By Jotham Lian

Business

ATO unfairly shut out late JobKeeper enrolments, says IGTO

The ATO failed to be “fair and reasonable” when considering late enrolments for the JobKeeper program, causing...

17 September 2021 • By Jotham Lian

Business

KPMG censured over ‘widespread’ internal test cheating

Widespread cheating during internal training tests at KPMG Australia has resulted in the firm parting ways with two...

15 September 2021

Business

Beauty business denied cash-flow boost

A franchise skincare and beauty salon has been denied the cash-flow boost after the Administrative Appeals Tribunal...

15 September 2021

Business

Deloitte doubles down on commitment to Western Sydney

The big four firm has renewed its commitment to the region for at least another 10 years following a recent agreement.

15 September 2021

Business

$50k grant boost for Tasmanian businesses

Tasmanian businesses suffering from ongoing state border closures will now be able to access grants of up to $50,000...

15 September 2021

Business

SA announces extended business support

The Marshall government has extended its lifeline to the state’s SMEs, which will receive increased grants of up to...

14 September 2021 • By John Buckley

Business

ATO lets ineligible businesses off the hook for $180m in JobKeeper payments

The Australian Tax Office has decided against chasing more than $180 million in misguided JobKeeper payments that...

13 September 2021 • By John Buckley

Business

Labour hire operators face jail for $4.6m illegal phoenixing scheme

A trio of labour hire operators will spend at least four years in jail after they were found to have charged clients...

13 September 2021 • By John Buckley

Business

Tax agent cops maximum ban over ‘wilful deceit’

A Victorian tax agent has been banned for the maximum five-year period after the Tax Practitioners Board found that he...

10 September 2021

Business

Colonial First State facing penalties for misleading superannuation members

Colonial First State has been found to have misled or deceived almost 13,000 members over a communications campaign to...

09 September 2021

Tax

Taxpayers left in the lurch on appeals, complaints channels: IGTO

Less than one in 10 taxpayers say they are aware of their rights to appeal an ATO decision with the Administrative...

06 September 2021

Business

Victoria announces September business boost

More than 175,000 Victorian businesses stand to benefit from a four-week $2.34 billion booster package, which will run...

06 September 2021