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Tax

‘Expand FBT break to EV chargers, solar panels, batteries’

Removing upfront costs of switching from petrol to electric could increase EV take-up, says management consultant.
02 October 2023 • By Christine Chen

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Tax

ATO works hard to fix ‘flaw’ in client linking system

Inadvertent disconnection of a BAS agent will become a source of frustration and inconvenience under the revised...
29 September 2023 • By Philip King
Regulation

Privacy Act to take in small businesses

Operations with an annual turnover of $3 million or less will no longer be exempt after the government accepts review...
28 September 2023 • By Josh Needs
Business

KPMG caught using secret ‘power maps’ to secure Canberra contracts

Senators blasted KPMG's CEO for lying and breaching public trust after he denied his firm targeted officials based on...
28 September 2023 • By Philip King
Regulation

Auditor suspended for 3 years for professional failings

ASIC says he failed to obtain sufficient evidence of money held by a broking services firm in which the director was...
28 September 2023 • By Philip King
Regulation

Switkowski exposes flaws in PwC’s results-focused culture

Excessive CEO power, a flawed governance model and an attitude that “revenue is king” undermined trust built up over...
28 September 2023 • By Philip King
Business

Pension work bonus increase an ‘encouraging step’

National Seniors Australia welcomes a government decision to permanently increase the work bonus for pensioners but...
28 September 2023 • By Miranda Brownlee
Business

Inflation rebounds on high petrol, energy prices

UPDATED: An increase in August reflects rapid rises in volatile items, the ABS says.
28 September 2023 • By Philip King
Business

Qld uni adds company turnaround course for finance students

Module created in partnership with specialist firm Vantage Performance will focus on restructuring and refinancing.
02 October 2023 • By Philip King
Business

Carbon acquires Melbourne firm in fifth takeover this year

With the rebranding of MG Partners and Davenports, the group now has 20 offices and 300 staff.
02 October 2023 • By Philip King
Regulation

Accountants sweat on ‘non-stop’ wave of ATO super audits

The Tax Office’s intensified, data-led approach means that accountants have become inundated with superannuation...
27 September 2023 • By Christine Chen
Regulation

TPB, ATO quizzed on whether PwC ‘too big to fail’

Audit concentration among the Big 4 makes the sector unmanageable, Greens senator claims.
27 September 2023 • By Philip King
Technology

Ignition unveils raft of enhancements to platform

Software firm Ignition has announced a broad range of platform upgrades to enable firms to manage revenue and payments...
27 September 2023 • By Miranda Brownlee
Regulation

FWO targets tenfold penalties for ‘serious’ UNSW payslip breaches

The ombudsman has started legal action against the university for record keeping allegedly “so inadequate” it was...
27 September 2023 • By Philip King
Regulation

‘Shadow director’ banned for $17m crash of tax advisory companies

Philip Whiteman was involved with five Melbourne accounting and legal operations that collapsed in 2017.
26 September 2023 • By Philip King
Appointments

‘Most qualified accounting migrants wind up working elsewhere’

White paper identifies accountancy as a profession with a huge mismatch between migrant qualifications and where they...
26 September 2023 • By Christine Chen
Business

Sweeping reforms to streamline access to finance

The Attorney-General has announced a raft of proposed reforms aimed at reducing compliance costs and improving access...
26 September 2023 • By Miranda Brownlee
Business

Shoppers OK with theft as cost of living bites

Over one-quarter of consumers surveyed said it was “a little” to “completely” justifiable to steal from retailers.
26 September 2023 • By Christine Chen