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75% of shoppers to scale back Christmas spending, PayPal says
A survey by the payment company shows that consumers are most concerned by grocery and fuel costs this festive period and are changing their spending habits to cope.
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ATO flags small business tax debt, SG as target areas
Addressing collectable debt and improving small business tax performance continue to be critical focus areas, the ATO warns in its annual report.
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Woman jailed for 20 months over $250k GST fraud
The Tax Office says it is stepping up its enforcement actions under Operation Protego and has urged offenders to come forward or face severe consequences.
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AFP busts $229m Chinese money laundering operation
The complex scheme was conducted through money remitters operating for years in “plain sight” and allowed gang members to lead lavish lifestyles in Melbourne.
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CA ANZ members approve tighter conduct rules
All resolutions have passed overwhelmingly despite low voter turnout.
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Business training key to empowering women in finance
A women’s advocate and mentor has outlined the tools female finance entrepreneurs require to thrive as leaders.
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Most bosses offer pay rises to keep valued staff
Counteroffers have become routine as employers struggle to retain talent, says recruitment specialist Hays.
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September CPI means another rate rise on the cards, observers say
The second monthly rise in the annual rate means the RBA will have little choice – although it may pause next week.
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ASIC bans father and son directors for 4 years
The two were involved in the failures of three construction services companies on the NSW Central Coast.
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September quarter CPI falls, but notches second monthly rise
The latest ABS data record three consecutive quarterly inflation decreases despite some upward price pressures on fuel and electricity.
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Small business sales growth slows after strong first half
Third quarter deceleration takes demand back to pre-pandemic levels, the latest Xero data shows.
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Scam recruiters dupe vulnerable jobseekers out of $20m
Financial losses from job and employment scams increased by over 740 per cent this year, the government says.
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Bentleys snaps up Victorian boutique firm, eyes regional expansion
The deal capitalises on growth in Melbourne’s north, fuelled by the government’s Inland Rail project.
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Eliminate tax gender bias and liberate $128bn, taskforce urges
The Women’s Economic Equality Taskforce says that legislative change, including reforming the tax and transfer system, could unlock $128 billion lost each year to gende...
Flexible, tech-happy small firms ‘a lure to talented Gen Zs’
Distrust of corporates and the trend towards multiple careers favours smaller practices, says one work-focused futurist.
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Mid-year WFH changes ‘will catch out many taxpayers’
The ATO is cracking down on work-related expenses but many self-lodgers will still be in the dark about the revised method introduced in March, says HLB Mann Judd.
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Aged care provider pays back $2.1m in missing penalty rates
The Fair Work Ombudsman says payroll compliance in the sector will be a focus after 2,800 staff were underpaid for Sundays.
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ATO reaps record $6.4bn from large corporates
Much of the additional revenue came from the oil and gas sector, helped by the work of the Task Avoidance Taskforce.
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Prepare for surge in GST audits, ATO warns tax agents
The Tax Office has revealed its criteria for audit selection and what raises red flags.
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TK Maxx faces 33 charges over child labour laws
Victorian store in court after Wage Inspectorate raids scores of businesses during the school holidays.
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