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Online spending up $200 in ‘strong finish’ to 2023
Businesses should ensure their digital strategies allow them to capitalise on the uptick in consumer confidence, Airwallex says.
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Plastic tax could stem ‘waste tsunami’, raise $1.5bn
A think tank paper proposes a $1,300 per tonne levy on over 1 million tonnes of packaging a year.
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Cash decline means all change for payment options
SMEs should reassess the payment methods they offer as customers move away from physical currencies, NAB says.
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Grant Thornton promotes long-time business adviser to principal
The firm’s private business tax and advisory division refreshes its Brisbane leadership team.
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ASIC bans 2 directors over string of failed companies owing $9m
The decision to disqualify the property developers comes after the watchdog banned their associate in November.
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Discounts, lower inflation ‘will drive early retail rebound’
The prospect of lower interest rates means mortgage-stressed 30 to 40-year-olds will rediscover discretionary spending, BDO partner says.
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‘Gone in 3 seconds’: all it takes for AI scams to steal your voice
Customers should look out for emerging scams that impersonate trusted sources, create a sense of urgency and prey on vulnerable victims, NAB says.
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Advocacy group pushes for tax changes to improve worker shortages
The Institute of Public Affairs has called for the pension work bonus to be expanded with ABS figures indicating that job vacancies remain high.
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CFOs pay 30% premium for financial analysts, planners
A shortage of skills in a range of specialties like reporting, modelling and project management has employers upping salaries to land candidates.
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CPI result encouraging, but fight far from over: Treasurer
ABS data shows annual inflation fell to its lowest level in almost two years last November.
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RSM adds partners, principals to accelerate growth plans
The appointments bring the firm’s total partners to 139 and headcount to over 1,800.
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November CPI falls to 2-year low
The latest ABS data shows a further slowdown in inflation, helped by a five-month low in oil prices.
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Black Friday drives November retail sales to record $36.5bn
ABS data shows a 2 per cent jump as shoppers snapped up discounted discretionary goods.
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HLB Mann Judd to explore AI potential for small firms
The future rollout of Microsoft Office 365 to small and medium firms could see a significant acceleration in the use of AI, according to HLB Mann Judd.
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Taxes, cash flow top small business worries
Owners face an operating environment “tougher than ever before”, a recent survey finds.
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Cyber risks, talent the top issues for business in 2024: KPMG
Business leaders are the most concerned about cyber risks and issues around recruitment and staff retention for the year ahead, a KPMG report reveals.
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Complaints to AFCA rise 23% to hit record, scam issues double
The financial complaints body handled more than 100,000 issues last year and says increases have become “unsustainable”.
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Crucial deadline looms for foreign owners of Victorian property
Foreign purchasers of real estate in Victoria may need to make important notifications by mid-January where their property is vacant, cautions HLB Mann Judd.
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CFS flags planning opportunities ahead of stage 3 tax cuts
Accountants should start thinking about potential opportunities for clients ahead of the stage three tax cuts on 1 July this year, says CFS.
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Productivity turnaround ‘halts post-COVID freefall’
However, further reforms are needed to achieve sustainable, long-term growth, the Productivity Commission says.
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