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Air Accounting expands with specialist bookkeeping acquisition
The Sydney-based firm plans to grow through buying niche e-commerce, medical and technology brands next.
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Slack record retention policies ‘expose firms to cyber crime’
Holding on to client data heightens the risk of theft and turns businesses into unwitting law-breakers, says record-keeping specialist.
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Average ATO refund tumbles $430 compared to last July
Fewer taxpayers have raced to file an early return and the total paid out in refunds is already down by $1.7 billion.
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Cash flow forecasting critical in unprecedented environment: BDO
Preparing a short-term cash flow forecast is a practical step businesses can take to manage liquidity issues in the current environment, the mid-tier firm says.
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Deloitte acquires cyber security specialist ParaFlare
Seven-year-old start-up brings team of 80 and a “unique approach” to digital defence.
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RBA delivers welcome pause but raises fears of another rise
The bank says falling inflation means its monetary policy is working but further tightening may be necessary.
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FWO forces big business to hand back $500m in unpaid wages
The watchdog wants to protect vulnerable workers and promote compliance through education.
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Government contracts ‘in crowd’ keeps small business in dark
Small business is struggling to benefit from changes to procurement rules, says ASBFEO.
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RBA weighs uncertainty in rate decision
Further tightening may be required, the bank says, but higher interest rates are working.
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Global accountant body names CA ANZ chief as next chair
The incoming head of Chartered Accountants Worldwide will focus on promoting sustainability and ethics globally in the accounting profession.
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AAT upholds TPB ban of ‘dishonest’ Victorian tax agent
The agent exposed SMSF clients to prosecution and failed to disclose a substantial debt to the ATO.
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Accountants ‘ill prepared’ for tighter client ID regime
The next phase of anti-money laundering rules will raise the bar on verification to comply with global standards, but many practices are unaware of the requirements.
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Digital and construction disputes push ASBFEO past milestone
In seven years of operation, the ombudsman has helped more than 40,000 small businesses.
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Falling inflation, retail trades point to August rate pause
A pause on rates for August is looking likely with quarterly inflation and retail trade on a downwards trajectory, according to economists.
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Dmca advisory acquires Willoughbys Financial as founders plan for retirement
The merger will help the Adelaide-based firm expand its personal approach to business advisory services.
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Insolvency must address gender imbalance: Rodgers Reidy
Firm adds weight to calls by the recent parliamentary inquiry for change to encourage women into the industry.
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ATO to triple credit referrals in ‘stronger actions’ on debt
The Tax Office plans to send out 50,000 intent-to-disclose notices this financial year as it chases billions owing.
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Financial hardship levels above average, survey reveals
Four in 10 Australians experienced some form of financial hardship in the second quarter, according to recent data.
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Jordan to exit ATO in February after 10 years at helm
“I’m proud of everything we’ve achieved,” the Tax Commissioner said in an address to staff.
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9 out of 10 CFOs rediscover hunger to hire
Attitudes to recruitment have changed markedly compared to six months ago, Robert Half survey finds.
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