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Taskforce seizes $28m in illegally grown tobacco
Retailers warn of declining sales and a potential budget hole as expensive tobacco products drive buyers towards contraband sales and vaping.
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Former KPMG director joins BDO
The firm bolsters its risk expertise team as businesses increasingly seek assistance with tougher conditions.
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Latitude rebuffs ransom demand from cyber criminals
The finance group says paying up would encourage further extortion attempts.
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KPMG expands environmental award for start-ups
Five finalists will get $250,000 worth of KPMG services with the winner receiving a $100,000 prize.
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KordaMentha appoints forensic, cyber security specialists
Both partners have over 20 years’ experience in the industry and previously worked for big four accounting firms.
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May budget ‘must deliver for imperilled small business’
The sector deserves star billing as it faces a fresh set of challenges, says Gavan Ord of CPA Australia.
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SMSF body develops excess member balance tax calculator
Debate continues around the calculation method for the government’s proposed tax on accounts exceeding $3 million, but the SMSF Alliance has taken matters into its own ...
Potential downturn ‘could be fatal for one-third of SMEs’
A recession could be a knockout blow for businesses rebounding from the pandemic, says a research firm.
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Limited licence advisers ‘an endangered species’
Numbers will drop into double digits this year, according to Adviser Ratings.
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ASIC sues Auto & General alleging unfair contracts
The regulator says a requirement by the insurer imposes an “unclear obligation” that could “mislead or confuse”.
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For some, greenhushing means it’s all quiet on the climate front
As ASIC and the ACCC enforce stricter guidelines around greenwashing, many businesses are backtracking on sustainability claims.
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BGL supplies simple SMSF reporting with accountantsGPS integration
The collaboration will provide clients with a comprehensive analysis of a fund’s compliance and financial situation, says the firm.
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RBA decision ‘welcome relief’, say experts
The first rate pause after a year of increases will give the bank time to assess the full effect of previous rises.
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ATO calls on accountants to ensure smooth FBT returns
As the lodgment date looms, the Tax Office delivers an A to Z on FBT.
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Insolvent financial firms put $692m of claims in limbo, AFCA reveals
The compensation scheme of last resort will be crucial for almost 5,000 complaints on hold due to company wind-ups.
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RBA reveals landmark April interest rate decision
The RBA has announced its cash rate decision following consecutive rate rises to start the year.
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William Buck fast-tracks audit specialist to director
The firm’s Victorian branch boosts its team in a complex area during “challenging times”.
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‘Accountants key’ to meeting tighter ESG rules
Companies will look to tax professionals to help them achieve greater sustainability levels required by increasing regulation and stakeholders’ desires.
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$19m digital advice program aims to move small businesses online
Three suppliers have been named for round two of government’s subsidised technology assistance scheme.
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Seafood labelling regime ‘huge burden’ on hospitality
The small business ombudsman says proposed country-of-origin rules would be a nightmare in practice.
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