Business

JobMaker hiring credit set for Senate scrutiny

The government’s JobMaker hiring credit scheme has now been referred to a Senate committee for inquiry.

13 October 2020

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Business

ATO warns of JobKeeper email scam

A JobKeeper scam is now making its rounds around the community, with the ATO warning taxpayers not to readily disclose...

12 October 2020

Business

Sydney tax agent banned over cash flow boost rort

A Sydney company tax agent has had its registration torn up after it was found attempting to rort over $20,000 of the...

09 October 2020

Business

Big business payment times set to be made transparent under new law

Big businesses will now be required to be transparent about their payment times to small-business suppliers as a new...

07 October 2020

Business

WA financial adviser charged over dishonest early super conduct

A Western Australia financial adviser who is alleged to have identified vulnerable people and assisted them with...

02 October 2020

Business

Senator Hume flags further possible relief for advisers

Assistant Minister for Superannuation, Financial Services and Fintech Jane Hume has indicated there could be “more to...

01 October 2020

Business

Government reveals $800m digital business plan

The federal government has announced an $800 million plan to help businesses adopt digital technologies, with a...

30 September 2020 • By Jotham Lian

Business

ATO updates discretion approach to entities without an ABN

Small businesses without an ABN looking to access JobKeeper or the cash flow boost are set to benefit from the ATO’s...

29 September 2020

Business

Will responsible lending reforms help small businesses?

The government’s plan to remove responsible lending obligations could help small businesses access much-needed...

28 September 2020

Regulation

Profession cautiously receives insolvency reform proposal

The federal government has been called to release further details of its proposal to overhaul insolvency laws, as the...

25 September 2020

Business

Government flags insolvency reform ahead of expected wave of closures

Businesses with less than $1 million in liabilities will be given an opportunity to restructure their affairs and...

24 September 2020 • By Jotham Lian

Business

ASIC extends temporary AFSL exemption for tax agents

Registered tax agents will continue to be able to provide advice to clients on the early release of superannuation...

24 September 2020

Business

RBA open to new record-low rate

The Reserve Bank has flagged the possibility of a rate adjustment, albeit a small possibility, as the country recovers...

23 September 2020 • By Jotham Lian

Business

AAT affirms Sydney tax agent registration cancellation

A Western Sydney tax agent has now had his registration termination affirmed by the Administrative Appeals Tribunal...

23 September 2020

Business

ATO to trade data on 12 million Australians on Centrelink

Up to 12 million Australians on Centrelink will now have their real-time salary and wage data shared between the ATO...

18 September 2020 • By Jotham Lian

Business

Tax cuts, red tape reduction on SME budget wish list: MYOB

Small businesses are hoping for lower company tax rates and the slashing of red tape, as the government prepares to...

17 September 2020

Business

JobSeeker cuts will cost economy $31bn, says Deloitte

The Morrison government’s plans to reduce the coronavirus supplement for Australians on JobSeeker, Youth Allowance and...

15 September 2020

Business

Victoria unveils $3bn ‘biggest package of business support’

Victorian businesses are set to receive up to $20,000 in grants and further payroll tax deferrals under a new $3...

14 September 2020