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Business
Tax agent who told ATO officer to commit ‘suicide’ disqualified
A tax agent who engaged in unprofessional and threatening conduct towards ATO and TPB officers has been denied a stay...
05 February 2021
Business
New credit reporting bill passes Parliament
05 February 2021
Business
Government mulls HECS-style business loans
05 February 2021 • By Jotham Lian
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Business
Financial advisers push for ATO online access
Industry associations are urging the government to allow advisers access to the ATO’s online portal as part of the...
05 February 2021
Business
RBA backs JobKeeper end
Reserve Bank of Australia governor Philip Lowe has backed the government’s decision to let JobKeeper expire in March...
04 February 2021 • By Jotham Lian
Regulation
ATO opens claims for first JobMaker quarter
The first claim period for the JobMaker Hiring Credit scheme is now underway, with the ATO reminding employers that...
03 February 2021
Business
RBA makes first cash rate call of the year
The Reserve Bank of Australia has made its first call on the official cash rate for this year following its decision...
02 February 2021 • By Jotham Lian
Business
Accounting bodies fight back against mandatory e-invoicing
Australia’s largest professional accounting bodies have now unequivocally told the government not to mandate...
02 February 2021
Tax
ASIC failed to question KPMG tax bill despite Shipton’s concerns
ASIC will commence implementing new expense policies and thresholds after an independent review took aim at its...
02 February 2021
Regulation
ASIC chair to step down despite being cleared of wrongdoing
ASIC chair James Shipton will step down from his role once a successor has been found, Treasurer Josh Frydenberg has...
29 January 2021
Business
Mandate e-invoicing, says MYOB
MYOB has urged the government to push ahead with its plans to make e-invoicing mandatory, after finding that small...
29 January 2021
Business
‘Unreasonable onus’: Accountants push back against proposed registration...
Forcing tax practitioners to screen close associates and employees under the fit and proper person test would heap...
28 January 2021
Regulation
Proposed ATO penalty regime faces backlash
The government is unlikely to confer new powers to the ATO to allow it to impose administrative penalties on tax...
27 January 2021
Business
PM implored to consider JobKeeper extension for aviation industry
The aviation industry is calling on the government for additional support, as one of Australia’s hardest-hit...
25 January 2021
Regulation
Former Sydney liquidator pleads guilty to fraud, dishonesty
A former registered liquidator who allegedly misappropriated close to $240,000 has pleaded guilty to fraud and...
22 January 2021
Tax
ATO pushed to ensure pro-bono tax clinics don’t crowd out practitioners
Tax clinics providing free support to vulnerable taxpayers should continue to be a feature of the tax system, but...
22 January 2021
Business
Small businesses lay bare funding frustrations as cash flow storm looms
Loan conditions and collateral guarantees continue to be major stumbling blocks for small businesses looking to access...
21 January 2021
Business
NSW opens Dine & Discover voucher registrations for businesses
Hospitality, arts and tourism businesses in New South Wales can now register for the state government’s voucher...
20 January 2021
Business
Super Retail Group hands back $1.7m in JobKeeper subsidies
Super Retail Group will follow Toyota Australia in voluntarily repaying $1.7 million in JobKeeper payments after...
19 January 2021
Business
Ombudsman pushes for HECS-style loans for small businesses
The small business ombudsman has called for the government to introduce a revenue-contingent loan program to help...
15 January 2021