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NSW government suspends PwC from tax-related contracts
The suspension will prevent the firm from obtaining any taxation engagements out of the government for three months.
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RSM outlines survival tips for inflation, rising interest rates
The accounting firm highlights a range of strategies for businesses navigating a “complex and uncertain economic environment”.
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Advisory firm reveals business resiliency index
The tool will assist in the identification and closing of gaps in a business, helping them improve in light of the returning insolvency rates, says the firm.
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Accounting industry’s ‘time to shine’ amid softening economy
The industry should lean into the move from transactional work to being more client-facing-focused as it needs to make itself “sexy again”, says accounting firm CEO.
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Phase 1 QAR reforms welcomed by sector
There has been widespread relief that the Quality of Advice Review response has so far been handed down in favour of advisers and super funds being given the green light ...
Cleaning company penalised almost $140k for staff underpayment
The Western Australian firm underpaid employees over $114,000 along with falsifying records.
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ATO widens its data-matching capacity
The expanded capabilities will now include information from property managers, landlord insurance and sharing economy providers.
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Former CFO charged with insider trading
The previous financial officer of the video production business was found to have inside knowledge when he procured two private companies to purchase shares.
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Firms need to seize EOFY to restructure their budget
The recommendation comes after OptiPay saw a 20 per cent increase in enquiries from businesses worried they may need additional support.
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Small businesses must focus on productivity as recession looms: MYOB
Businesses must embrace digitisation and the use of technology along with greater training for staff to address the productivity downturn, says MYOB.
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CFOs deal with more than just finances: BDO
Those in chief financial officer roles are now expected to drive business decisions and reporting in non-financial areas of operation.
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Businesses told to brace for ‘challenging’ FY24
Businesses are facing a tough outlook for the new financial year with insolvencies already at a 10-year high and trading conditions further weakening, CreditorWatch warns...
FWO catches bubble tea chain underpaying employees almost $90k
The chain underpaid 36 workers across nine outlets across Sydney and Canberra.
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ATO tells accountants to caution clients of scammers
The Tax Office told agents to make sure their clients know the “warning signs to avoid falling head over heels for a scammer”.
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Minimum wage decision ‘could fuel recession risk’
An increase in minimum and award wages is expected to lead to further interest rate rises and increase pressure on small business.
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Suncorp forced to back pay staff $32m
The organisation underpaid more than 15,800 employees between May 2014 and March 2022.
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Why companies should consider AI hiring
Embracing technology is important for standing out from the competition and streamlining processes.
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What to know before denying flexible working requests
The highly-anticipated changes that’ll see employees given more power to challenge refusals for flexible work arrangements have officially come into effect.
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Grant Thornton reveals 12 partner promotions
The internal appointments reflect the positive service provided to its clients, says Grant Thornton.
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Cheques out: Cheques to bounce by 2030
The government will phase out cheques from the financial system by 2030 as part of a payment system overhaul.
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