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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

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SME business conditions reach record high pre-lockdown
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
Labor called to ditch $3k deduction cap on tax agent fees
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
Deloitte scraps partner retirement cap
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
NSW Victoria business supports
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
Tax agent terminated after neglecting personal tax obligations
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
Record low insolvencies masking failed businesses
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
Lockdowns to force economy into reverse
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
PwC to fast-track pay rises
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
Government pushed on post-lockdown business support strategy
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
Victoria announces business support injection
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
SA announces business support as the state enters lockdown
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
Service NSW
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
Pandemic delivers rewards to 40% of middle-market businesses
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
WA opens second-round grants for small business
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
South Australia district court
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
Accountants champing at the bit to unlock NSW support payments
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
Sydney and Melbourne CBDs brace for 4-year economic recovery
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