Business

Treasury defends absence of JobKeeper clawback mechanism

The Senate economics committee has heard that while the Morrison government considered JobKeeper clawback measures, it...

25 March 2021 • By John Buckley

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Business

Government extends SME responsible lending exemption

Treasurer Josh Frydenberg has announced an extension of the SME responsible lending exemption, following delays to the...

19 March 2021 • By Jotham Lian

Business

Company tax agent terminated after practising without supervising agent

A Perth-based company tax agent has been terminated after multiple code breaches, including failing to have any...

19 March 2021

Business

Small businesses should have easier access to finance: ASBFEO, RBA

Small businesses remain reluctant to access new loans, with onerous application and collateral requirements among the...

18 March 2021 • By John Buckley

Business

Businesses fight over talent as 7 out of 10 look to bump up salaries

From wellness benefits to across-the-board salary bumps, businesses are doing everything they can to attract and keep...

18 March 2021

Business

Federal Court imposes orders on SMSF accountant

The Federal Court has compelled a Gold Coast SMSF accountant to comply with the terms of a court-enforceable...

12 March 2021

Business

Tasmanian tax agent charged over $1m fraud

A former tax agent who falsified business activity statements and misappropriated individual tax returns has had more...

12 March 2021 • By John Buckley

Business

Bankruptcy trustee referred to disciplinary committee

A bankruptcy trustee accused of breaching his statutory and fiduciary duties has been referred to a disciplinary...

12 March 2021 • By John Buckley

Business

SME loan scheme expansion only addresses symptoms: CPA Australia

The federal government’s expansion of the SME loan scheme announced on Thursday focuses too heavily on short-term...

12 March 2021 • By John Buckley

Business

Businesses should start succession planning, says small business ombudsman

With 60 per cent of small business owners approaching retirement age, now is the best time to implement a succession...

12 March 2021 • By John Buckley

Tax

False lodgement declarations see tax agent terminated

A tax agent who lodged 125 self-managed superannuation fund annual returns before audits were completed has been...

11 March 2021

Business

Business confidence at 10-year high: NAB

The bank’s monthly business survey reported signs of pre-pandemic normalcy, with business confidence at a 10-year high...

10 March 2021 • By John Buckley

Business

CPA Australia board director resigns following $11k deal

A CPA Australia board director has resigned from her position following revelations of an $11,000 transaction between...

05 March 2021 • By Jotham Lian

Business

Fintech peak body pushes for e-invoicing mandate

Australian’s fintech peak body has urged the government to mandate e-invoicing for all businesses by July next year,...

04 March 2021 • By John Buckley

Business

Illegal early access to super scheme sees financial adviser charged

A Glenroy financial adviser could face up to 20 years in prison for operating an illegal early access to...

02 March 2021 • By John Buckley

Business

KPMG offers COVID-19 ‘thank-you payment’, repays portion of salary cuts

A stronger-than-expected first-half performance will see the big four firm return another portion of COVID-19 pay cuts...

25 February 2021

Business

ATO secures first criminal conviction for JobKeeper fraud

A Victorian man has been handed Australia’s first criminal conviction for JobKeeper fraud after attempting to access...

24 February 2021 • By John Buckley

Business

Insolvency regulator suspends ex-PPB partner’s trustee registration

A former PPB Advisory partner has had his trustee registration suspended for a period of three years, following the...

23 February 2021 • By John Buckley