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Ai Group chief doubles down on wage theft criminalisation stance Criminal penalties will hinder not help impacted workers, the association says in its response to the government’s consultation paper. ...
Australian Mines MD fined $70k, banned for 2 years Benjamin Bell misled investors over project funding and the value of an asset, the federal court found. ...
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Intuit QuickBooks launches free Online Accountant software  The software will be available in more than 170 countries to help accounting and bookkeeping professionals easily shift to the cloud, says the firm. ...
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Talented women vote with their feet, top firms warned Many Women in Accounting award winners set up on their own when their career paths were blocked, say Rebecca Mihalic and Guy Pearson of Ignition. ...
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$23m budget boost will put 60,000 Cyber Wardens on patrol The programs aims to show small businesses how to manage digital risks and avoid being scammed. ...
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ATO crackdown focuses on rental properties, work claims, CGT A trio of targets will get special scrutiny this year and the Tax Office expects to issue fewer refunds. ...
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Aged care provider underpaid staff more than $3.5m The underpayment of almost 5,000 employees comes as the government provides a 15 per cent increase in the industry’s award wages. ...
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SMSF industry rallies support for specialist with cancer Accountants Daily’s sister brand SMSF Adviser is hosting a webcast in June to raise funds to help prolong the life of an SMSF specialist battling cancer. ...
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American accounting association offers additional learning platform The program will help accounting and finance professionals improve and update their skills for the contemporary environment, says AICPA and CIMA. ...
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Airwallex doubles down on borderless payments mission Rapid growth in its products and global footprint encourage an ambitious statement from its co-founder. ...
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ATO rental property focus to keep accountants on their toes An understanding of how CGT works for homes and rentals is vital, says HLB Mann Judd. ...
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$4.4m in back pay: UTS joins list of universities short-changing staff More than 2,777 employees were underpaid over seven years with some individual shortfalls exceeding $200,000. ...
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Finalists announced for 10th Australian Accounting Awards Over 280 finalists have qualified to battle it out at the prestigious Australian Accounting Awards 2023, to be held in June. ...
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Budget funds next stage of nationwide digital ID program The expansion of the digital ID program is a positive step but accessibility and ease of use will be critical to making it work, says an ID verification specialist. ...
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Sun about to set on range of popular tax measures, ATO warns Accountants should tell clients to act fast on full expensing and loss carry back because their days are numbered. ...
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Budget trumpets a surplus, lower inflation and real wage growth Australia is well placed to weather the global economic slowdown with minimal impacts to GDP and employment, the Treasurer says. ...
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Small business laments lack of targeted support for sector Cost-of-living measures, energy subsidies and other initiatives will help, it says, but much more could have been done. ...
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Budget sheds light on 2 key issues for super The government has outlined the direction it will take with non-arm’s length income and signalled the $3 million tax threshold is here to stay. ...
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Budget: the tax profession delivers its verdict Experts from across the industry pronounce judgment on the Treasurer’s centrepiece during uncertain times. ...
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Key budget takeaways for agents, accountants A rundown of the main points, focusing on what matters to the tax profession. ...
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