Regulation

Fix funding holes before adding more regulators, government told

ASIC should be given additional funding to execute its job before a new oversight authority is introduced, says the...

15 February 2019 • By Katarina Taurian

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Business

‘Utterly untenable’: Labor pushes back on franking credit inquiry

Labor has referred the chair of the Standing Committee on Economics to the Australian Federal Police over claims that...

11 February 2019

Regulation

‘No lay-down misère’: CPA to challenge RC report

CPA Australia has called for calm following the final report of the royal commission, noting how the current political...

11 February 2019

Business

$860m of super claimed in Q4 2018

Over $860 million worth of superannuation was found and consolidated by taxpayers in the last quarter of 2018, but...

07 February 2019

Regulation

‘Better now than never’: A regulatory funding lesson for the accounting industry

The underfunding of industry regulators have contributed to the stark findings of the royal commission, with parallels...

06 February 2019

Regulation

Funding constraints linger despite government’s regulator blasting

The federal government said it’s confident the regulators are well funded and prepared for a post-royal commission...

05 February 2019 • By Billie Andrada

Regulation

Royal commission recommends big changes to ASIC, APRA's oversight

The final report of the royal commission has been released, with the government called to establish a new oversight...

04 February 2019 • By Jotham Lian

Regulation

Mandatory education reforms push three-quarters of accountants out of...

Industry polling suggests over three-quarters of accountants will stop providing financial advice or palm them off to...

01 February 2019

Regulation

Alex Malley, former directors stripped of CPA life memberships

The board of CPA Australia has removed the life memberships of former chief executive Alex Malley and the directors...

31 January 2019

Business

300+ businesses knock government on tax, cash flow support

Less than a third of small businesses surveyed in a new report believe the government is supporting their business...

25 January 2019 • By Jotham Lian

Regulation

1,000+ submissions as franking credits inquiry fires up

The federal government is ramping up its focus on Labor’s plan to remove refundable franking credits, with a spate of...

24 January 2019

Business

Labor homes in on small biz as election nears, cops more backlash for tax...

Labor’s plan to introduce a dedicated small business minister has been welcomed but concerns have been raised over the...

23 January 2019

Business

Push for new appeals commissioner hits hurdles

The ATO has continued to push back on the idea of a new Second Commissioner of Appeals, noting that there have already...

22 January 2019

Business

CA ANZ releases top business predictions for 2019

Chartered Accountants Australia and New Zealand has released its top five key predictors for the accounting and...

21 January 2019

Tax

Tax agent rego suspended after $100k shortfall detected

A company’s tax agent registration has been suspended for 12 months by the TPB following an audit by the Tax Office...

15 January 2019

Business

ASIC signals residency focus as Chinese business faces wind up charge

A former ASX-listed company will front the Federal Court as ASIC seeks to wind up the business on the back of a number...

14 January 2019

Business

KPMG tips Sydney and Melbourne to recover in 2 years

The housing market in Sydney and Melbourne will continue to fall this year before recovering over the next two years,...

11 January 2019 • By Jotham Lian

Business

Safe harbour provisions spruiked ahead of credit squeeze

Accountants and their small business clients have been urged to look towards safe harbour provisions as a form of...

11 January 2019