Technology

Ignition integrates with MYOB to automate invoicing, reconciliation

The two Australian accounting software platforms team up to automate invoicing, fee collection and reconciliation...

06 March 2024 • By Christine Chen

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Business

Personal insolvencies continue to soar in early 2024

Personal insolvencies increased by almost a third in January compared with the same period last year, according to the...

06 March 2024 • By Miranda Brownlee

Technology

National AI Centre offers free AI education to SMEs

Australian small and medium businesses will now be able to access a free course in AI through TAFE NSW.

05 March 2024 • By Miranda Brownlee

Business

Small business suffers largest decline since pandemic, Xero data reveals

A slowdown in sales and wages growth saw softer performance in the December quarter, according to the latest Xero...

05 March 2024 • By Miranda Brownlee

Tax

AAT upholds ATO view in tax residency case

The Tribunal has determined that a mechanical engineer seeking a refund of $524k in PAYG withholdings was an...

04 March 2024 • By Miranda Brownlee

Regulation

ACCC could probe ‘oligopoly’ of big 4 audit, inquiry hears

Parliament may ask the competition watchdog to investigate the sector dominated by only four players, Senator Deborah...

04 March 2024 • By Christine Chen

Business

CA ANZ refutes TPB's claims on Collins correspondence

CA ANZ has refuted claims made by the TPB to a Parliamentary joint committee on Thursday that the latter had informed...

04 March 2024 • By Miranda Brownlee

Business

ASIC disqualifies director over 7 failed companies

A NSW director has been disqualified following the failure of seven companies owing a combined total of $3.7 million...

02 March 2024 • By Miranda Brownlee

Business

Uni funding overhaul a ‘game changer’ for accountant shortage

The government has the opportunity to boost graduate numbers by prioritising reforms that make accounting courses more...

04 March 2024 • By Christine Chen

Super

Pandemic super withdrawals to cost taxpayers $85bn

Australians will face higher taxes to fund the pensions of those that dipped into savings under the Early Release of...

04 March 2024 • By Christine Chen

Appointments

Assistant Treasurer announces appointments to IPRDC, CADB

Assistant Treasurer Stephen Jones has announced a raft of new appointments to the Insolvency Practitioner Registration...

01 March 2024 • By Miranda Brownlee

Technology

Xero goes all in on AI with accounting chatbot launch

The software company plans to double its turnover through a “simple” strategy that involves bolstering tech offerings...

01 March 2024 • By Christine Chen

Business

Retail spending flattens as consumers curb spending, ABS data shows

Australian retail spending for January fell below expectations and is unlikely to improve until interest rates drop,...

01 March 2024 • By Miranda Brownlee

Regulation

‘Proportionate response’ needed on consulting firm inquiries, cautions IPA

The government must avoid punishing hardworking accountants doing the right thing with its response to recent...

29 February 2024 • By Miranda Brownlee

Tax

H&R Block outlines strategies ahead of 1 July tax cuts

Defer income until the new financial year, but don't fall foul of anti-avoidance rules, says a tax expert.

29 February 2024 • By Miranda Brownlee

Business

ATO issues ‘last warning’ on overdue TPARs

The Tax Office will begin applying failure to lodge penalties for those with an overdue taxable payments annual report...

29 February 2024 • By Miranda Brownlee

Business

WGEA reveals pay gap data across major accounting firms, bodies

While women earn less overall than men at the largest accounting firms, the size of pay gaps varied across the biggest...

28 February 2024 • By Nick Wilson

Tax

Government, industry clash over controversial ‘recycling tax’

Opponents of the proposed levy to fund waste export regulation say it will be bad for the environment and hurt local...

28 February 2024 • By Christine Chen