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Why cyber security keeps Jordan awake at night
After a decade of rapid change at the ATO, the Commissioner recommits to a digital vision but admits there are challenges.
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Small business ‘will be sent bust by flawed IR bill’
The complex legislation has become the number one threat to the sector, COSBOA says.
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Inflation cools in wake of rent, energy subsidies
Changes to housing, food, non-alcoholic beverages and transport prices meant inflation slowed down to 4.9 per cent last month.
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RBA rate decision in balance despite slower inflation
The latest CPI figures have left economists divided over the bank’s next course of action.
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Victoria to hand back $7m in unlawful EV taxes
Treasurer Tim Pallas says the High Court decision outlawing the levy will “totally recast” the way the state raises revenue.
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Inflation ‘forces pushback of retirement plans’
Attitudes have changed over the past 12 months, survey finds, with most expecting to need more savings.
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Most pay rises next year ‘will fail to match CPI’
The premium for changing jobs is falling and staff are becoming more risk-averse, recruiter says.
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ATO slams brakes on debts campaign in face of backlash
Frustrated tax agents complained of letters about on-hold tax debts of just a few cents that were a waste of time to reconcile.
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Black Friday? Cafes, restaurants charge towards black hole
Retail is enjoying a sales-driven reprieve but no such luck for hospitality, with record numbers leaving or going bust.
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Payroll staff on wanted list over holiday period
Contract workers with financial skills will be in high demand as annual leave bites, recruiter says.
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TaxLeopard hunts down rival Airtax to feed expansion plan
The tax app for freelancers and contractors has made its first acquisition since launching last year, buying a “sleeping giant” developed by PwC.
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CA ANZ fines PwC $50k, imposes reporting regime
It shows the body is committed to upholding the “highest standards of professional ethics”, CEO says.
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Grant Thornton helps Booktopia reach the top shelf
Online book retailer installs autonomous robot distribution centre with help from mid-tier consulting team.
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ATO slips from top spot in public trust ranking
Process and outcome-related complaints were cited as reasons for a decline in trust and satisfaction in the Tax Office compared to other agencies.
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Bookkeepers, accounts clerks will lose 40% of tasks to AI
Traditional accounting roles will be among the white-collar jobs most impacted by the technology, research shows.
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8 Malaysians arrested over alleged myGov phishing kits
An international operation found templates and scripts mimicking government websites were allegedly being offered to cyber criminals to harvest personal data.
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When NALI punishment goes way beyond the crime
The treatment of non-arm’s length income transgressions in SMSFs need to factor in the heavy penalties, says one adviser.
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Bank transfers to be name-checked in $100m anti-scam effort
The industry's Scam-Safe Accord will introduce payee confirmation technology and expand biometric checks and intelligence sharing.
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Dark web buzzes with more users, increased trading
The most popular items include counterfeit passports, user IDs and passwords, says BDO.
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Accounting salaries outpace insurance, banking
Wages growth for tax professionals runs ahead of the national average and in some advertised finance jobs the pay has gone into reverse, Seek data shows.
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