Business

Financial regulators ASIC, APRA to be regulated by new authority

Legislation that will create a new watchdog to scrutinise Australia’s twin-peaks financial regulator model has now...

25 June 2021 • By Jotham Lian

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Business

Deloitte sees revenue shrink to $2.3bn

Deloitte’s annual revenue fell by 7 per cent to $2.31 billion over the last 12 months as it dealt with weak trading...

18 June 2021

Business

PwC to invest $12bn on new jobs under new global strategy

As part of a new global strategy, the big four firm has committed to major spending to create jobs, adopt new...

17 June 2021 • By John Buckley

Business

Queensland delivers sound budget in a ‘straitjacket’: CPA

The industry body has warned that the Queensland government’s state budget emerges as one founded on good intentions...

16 June 2021

Business

Accountants, ATO officers honoured on the Queen’s birthday

Three prominent accountants and two senior ATO officers have been recognised in the Queen’s Birthday 2021 Honours List.

15 June 2021 • By Jotham Lian

Regulation

New client verification standards require education: IPA

The ATO and the Tax Practitioners Board should educate practitioners on their new client verification obligations...

11 June 2021 • By Jotham Lian

Business

‘A warning to employers’: Victorian wage theft laws commence 1 July

Accountants should remind their business clients to proactively assess whether they’re paying their employees...

11 June 2021

Business

Business equipment spending surged in May: CBA

Australian business investment in equipment and machinery was up by 21 per cent in May, compared with the same period...

11 June 2021

Business

‘Inevitable ATO scrutiny’: Chartered accountant denied cash flow boost

An experienced chartered accountant who paid himself one week’s wage of $107,500 has been denied the COVID-19 cash...

10 June 2021 • By Jotham Lian

Business

Cash flow woes still troubling 3 out of 4 businesses

Cash flow concerns continue to dominate the minds of small business owners despite a considerable drop in those...

09 June 2021

Business

SMEs begin to feel pre-pandemic business pressures: MYOB

While small business owners remain positive about the year ahead, many have grown concerned over cash flow and the...

09 June 2021 • By John Buckley

Tax

Sydney tax agent axed over JobKeeper fraud

A Sydney tax agent has been banned for the maximum five-year period after allegedly claiming over $500,000 in...

07 June 2021 • By Jotham Lian

Business

Small business owners face mounting mental health concerns: MYOB

Nearly half of small and medium-sized business owners feel that running their own business has directly contributed to...

04 June 2021

Business

Government weighs up federal support as Victoria doubles business support...

The Victorian government will allocate a further $209.3 million to support the state’s small businesses through an...

03 June 2021 • By John Buckley

Business

SMEs reluctant to secure advice beyond tax and compliance: ScotPac

New research shows a marked increase among small and medium-sized businesses looking to restructure, though only 18...

03 June 2021 • By John Buckley

Business

Treasury forecasts wage cuts following superannuation increase

Future increases to the superannuation guarantee are forecast to come at the expense of wages growth, says the...

02 June 2021 • By John Buckley

Business

CPA, CA ANZ cast doubt over Your Future, Your Super reforms

The industry bodies have revealed concerns over the design of the reforms, which each believes should have been...

01 June 2021

Business

Victoria announces $250m targeted business support package

While Victoria’s $250 million business support package will offer welcomed reprieve to some businesses facing extreme...

31 May 2021