Login
iscover
News
Business growth ‘resilient’ despite economic headwinds: COSBOA
Growth rates across Australian businesses is still at pre-pandemic levels despite slowing sales and escalating operational costs, a recent report has found.
...
Most taxpayers ‘in the dark’ about their return result
Widespread disappointment about refunds – or even money owing – should be unsurprising, according to a CPA Australia poll.
...
ATO urged to postpone tax determination on NALI and CGT
The ATO must delay its tax determination concerning non-arm’s length income and capital gains tax until the non-arm’s length income expense provisions are settled, sa...
Carbon Group adds Harding Martin to Qld offices
The boutique firm becomes the group’s fourth office in the Sunshine State following growth last year in South Australia.
...
Poor culture ‘root cause’ of company failures
Staff turnover, product recalls and tighter credit are typically symptoms of a more profound issue, says turnaround specialist Michael Fingland.
...
Food production crisis to feed insolvency backlog
An economy in strife means farming, as well as retail and construction, will add to the number of pandemic zombie companies facing wind-up.
...
AFP ‘had insufficient information from ATO to pursue PwC’ in 2018
Sample documents were supplied by the Tax Office five years ago but it was only in May that Treasury reported a crime for investigation.
...
Director faces jail for dishonest handling of $500k in SMSFs
The lure of “property developments” persuaded investors to set up SMSFs then move funds into two companies controlled by the director.
...
Lower consumption to drive ‘slower growth across all states’
Economic growth is expected to slow right across Australia in 2023–24 with the rebound from COVID-19 “now firmly in the rearview mirror”, says NAB.
...
Air Accounting expands with specialist bookkeeping acquisition
The Sydney-based firm plans to grow through buying niche e-commerce, medical and technology brands next.
...
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.
...
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.
...
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.
...
Deloitte acquires cyber security specialist ParaFlare
Seven-year-old start-up brings team of 80 and a “unique approach” to digital defence.
...
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.
...
FWO forces big business to hand back $500m in unpaid wages
The watchdog wants to protect vulnerable workers and promote compliance through education.
...
Government contracts ‘in crowd’ keeps small business in dark
Small business is struggling to benefit from changes to procurement rules, says ASBFEO.
...
RBA weighs uncertainty in rate decision
Further tightening may be required, the bank says, but higher interest rates are working.
...
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.
...
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.
...
Page 88 of 179
