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Pension work bonus increase an ‘encouraging step’
National Seniors Australia welcomes a government decision to permanently increase the work bonus for pensioners but says more must be done.
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Inflation rebounds on high petrol, energy prices
UPDATED: An increase in August reflects rapid rises in volatile items, the ABS says.
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Qld uni adds company turnaround course for finance students
Module created in partnership with specialist firm Vantage Performance will focus on restructuring and refinancing.
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Carbon acquires Melbourne firm in fifth takeover this year
With the rebranding of MG Partners and Davenports, the group now has 20 offices and 300 staff.
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Accountants sweat on ‘non-stop’ wave of ATO super audits
The Tax Office’s intensified, data-led approach means that accountants have become inundated with superannuation reviews and audits.
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TPB, ATO quizzed on whether PwC ‘too big to fail’
Audit concentration among the Big 4 makes the sector unmanageable, Greens senator claims.
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Ignition unveils raft of enhancements to platform
Software firm Ignition has announced a broad range of platform upgrades to enable firms to manage revenue and payments more efficiently.
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FWO targets tenfold penalties for ‘serious’ UNSW payslip breaches
The ombudsman has started legal action against the university for record keeping allegedly “so inadequate” it was unable to detect underpayments.
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‘Shadow director’ banned for $17m crash of tax advisory companies
Philip Whiteman was involved with five Melbourne accounting and legal operations that collapsed in 2017.
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‘Most qualified accounting migrants wind up working elsewhere’
White paper identifies accountancy as a profession with a huge mismatch between migrant qualifications and where they actually work.
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Sweeping reforms to streamline access to finance
The Attorney-General has announced a raft of proposed reforms aimed at reducing compliance costs and improving access to finance for small businesses and consumers.
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Shoppers OK with theft as cost of living bites
Over one-quarter of consumers surveyed said it was “a little” to “completely” justifiable to steal from retailers.
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CA ANZ opens voting on revised conduct code
As the body’s AGM looms, its annual report shows losses widened to almost $9 million last year.
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Sportsbet ‘induced my gambling’: accountant in $26m fraud case
Benjamin Carter has begun civil action against the betting giant for allegedly unconscionable conduct in relation to his betting behaviour.
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Salary growth ‘line-ball with CPI’, accountants in lead pack
Annual growth of 4.8 per cent comes down to big increases in a handful of sectors, data from Seek shows.
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1 in 2 retailers expect decline in margins over Christmas
As consumers cut discretionary spending almost three-quarters think discounting will be higher too, Deloitte report reveals.
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ASIC chief accountant becomes AUASB chair
The appointment comes as the latest figures show a marked decline in the number of auditors.
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Finalists unveiled for Women in Finance Awards 2023
More than 240 women in the finance industry have qualified as finalists at this year’s Women in Finance Awards.
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TPB slaps 5-year ban on accountant involved in $26m fraud
Benjamin Carter poses an “unacceptable” risk to the public and must be prevented from practising, the board said.
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ATO linking system takes giant stride into business
The revised procedure will encompass an additional 1.7 million entities from 13 November.
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