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

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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

Regulation

‘No demand shortage’: Predictions for the profession in 2021

Accounting professionals are likely to remain in hot demand over the coming year as they continue to play a pivotal...

14 January 2021

Regulation

Liquidator sees registration suspended after AAT review

A registered liquidator has succeeded in reducing his banning order following a review by the Administrative Appeals...

14 January 2021

Business

Businesses from ‘accountants to zoos’ demanding end to JobKeeper: Acting PM

The government is standing firm on its decision to wind down the JobKeeper program by March as it claims that...

12 January 2021