Business

Business

ASIC retains small-business protections in banking code

The corporate regulator has rejected a push by the banks to reduce the protections available to small businesses in...

10 July 2024 • By Imogen Wilson

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Business

Passage of payment times bill ‘a big win’ for small business

The passage of reforms to the payment times reporting framework is a welcome development for small business suffering...

04 July 2024 • By Miranda Brownlee

Business

Some certainty on the small business instant asset write-off

Small businesses can now claim the $20,000 instant asset write-off for 2023–24 with certainty.

04 July 2024 • By Robyn Jacobson, The Tax Institute

Business

Senate agrees to amendments to payment times bill

The amendments will see the regulator publish a list of fast small business payers as part of changes to the payment...

04 July 2024 • By Miranda Brownlee

Business

ATO portal’s 24-hour malfunction vexes tax agents

The disruption to online services used by practitioners on Monday coincided with reports of taxpayers waiting hours to...

03 July 2024 • By Christine Chen

Business

125% foreign student visa fee hike to worsen accountant shortage

The move to ramp fees up has been labelled as “outrageous” and akin to Australia “shooting itself in the foot”.

02 July 2024 • By Christine Chen

Business

$20k instant asset write-off passes lower house

It comes after the eleventh-hour passage of a bill that raised the threshold from $1,000 to $20,000 for FY24 last week.

01 July 2024 • By Christine Chen

Business

Airwallex posts 93% revenue surge in Australia

The payments platform attributes growth to strong product offerings and has flagged plans for further expansion.

01 July 2024 • By Christine Chen