Regulation
TPB prepares to usher in new era of regulation
Greater independence from the ATO and new sanction powers are among some of the changes the Tax Practitioners Board is...
06 August 2021
Business
KPMG books $1.9bn revenue in FY21
06 August 2021
Business
Service NSW sets up webinars to tackle business support confusion
05 August 2021
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Business
SME business conditions reach record high pre-lockdown
Improved trading, profitability and employment conditions across the SME sector each reached record highs in the June...
04 August 2021 • By John Buckley
Tax
‘A direct attack on the profession’: Labor called to ditch $3k deduction cap...
Federal Labor has been urged to come clean on its plan to introduce a $3,000 deduction cap for managing tax affairs, a...
03 August 2021
Business
Deloitte scraps partner retirement cap
The big four firm has become the latest to do away with its informal retirement age policy, after its chief executive...
02 August 2021
Business
NSW, Victoria boost business supports
New South Wales and Victoria have each announced enhanced business support measures to soften the impact of state...
29 July 2021
Business
Tax agent terminated after neglecting personal tax obligations
A Gosford tax agent has been banned for at least 18 months after failing to comply with numerous personal tax...
28 July 2021
Business
‘Record low’ insolvencies masking failed businesses
While corporate and personal insolvencies are at record lows, deferred debt recovery by both the ATO and banks could...
28 July 2021
Business
Lockdowns to force economy into reverse, says Business Council
A joint paper published by Ernst & Young and the Business Council of Australia suggests the Australian economy could...
28 July 2021
Business
PwC to fast-track pay rises, expand bonuses amid war for talent
The big four firm will now offer its 8,000-strong workforce larger pay rises between promotions and expand eligibility...
23 July 2021 • By John Buckley
Business
Government pushed on post-lockdown business support strategy
The government must do more to support businesses once lockdown restrictions are eased, or risk them suffering a...
22 July 2021 • By Jotham Lian
Business
Victoria announces $280m business support injection
The business support injection will see some businesses who were ineligible for previous business grants now eligible,...
22 July 2021
Business
SA announces business support as the state enters lockdown
The Marshall government has thrown a lifeline to the state’s SMEs, who are set to receive a $3,000 emergency payment...
22 July 2021
Business
Accountants in despair over NSW business grant administration
Cracks have begun to appear in Service NSW’s handling of its COVID-19 business grant program, as accountants grapple...
21 July 2021
Business
Pandemic delivers rewards to 40% of middle-market businesses
Even as the pandemic imposed major challenges on some Australian businesses, new research shows that confidence has...
21 July 2021
Business
WA opens second-round grants for small business
The Western Australian government will offer $3,000 grant payments to small businesses across the industries most...
20 July 2021
Business
Truck boss jailed over $3.8m fuel tax rebate fraud
A South Australian man will spend at least 14 years in jail after being found guilty of fraudulently claiming $3.8...
16 July 2021 • By Jotham Lian
Business
Accountants champing at the bit to unlock NSW support payments
Accountants in NSW are anxiously waiting on eligibility details for the new business support package to land, with the...
15 July 2021
Business
Sydney and Melbourne CBDs brace for 4-year economic recovery: Deloitte
It will take both cities at least four years to reach pre-pandemic economic levels, as the “flow-on” impacts of remote...
13 July 2021 • By John Buckley