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Productivity Commission warns against multi-employer bargaining
It comes as the Treasurer expects an increase in wage growth as part of his upcoming budget forecast.
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Protect against credit card fraud or pay the price, retailers told
“Chargeback fraud” leaves merchants on the hook for whatever gets stolen, says security specialist.
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SuperStream issues mean ATO should tread softly: SMSF industry
With the office likely to be “bombarded” with breaches, the SMSF industry hopes it will take an “educative approach”.
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Top 1,000 taxpayers paid more than $44bn: ATO
One-fifth of corporate income tax and about one-third of GST comes from our largest entities.
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Lean on specialists for tech and learn to say ‘No!’
Let accountants get on with what they do best and your practice will thrive, Damien Greathead of Intuit says.
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Preparation and speedy response key to cyber protection, experts say
Specialists agree each breach is unique, but every business should prepare an emergency plan.
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Get advice before it’s too late, CA ANZ warns NSW first home buyers
An annual tax instead of stamp duty might fail to leave consumers better off, the professional body cautions.
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Most CEOs expect recession, plan hiring freeze: KPMG
The firm’s annual global survey paints a gloomy prospect for the next 12 months.
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Tassie food outlets forced to back pay workers $120,000
FWO raids found almost 150 workers being underpaid by 24 cafes and restaurants across Launceston.
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Accountants first line of scam defence, says TPB
Board urges agents to raise client awareness of increasing cyber fraud.
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Revenue ‘too reliant on income tax, with or without stage 3 cuts’
Even with the controversial reductions, taxes on individuals will soon reach record levels and Australia needs to rethink, says Deloitte.
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Pay super with wages to end billions in shortfall: ISA
Industry Super Australia says the upcoming budget should mandate the change to end the “unpaid super scourge”.
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ASIC outlines key strategies for crypto regulation
The Commissioner also reiterated its stance on cyber attacks and companies that fail to protect personal data.
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Widespread use of crypto increases risk of disruption, says RBA
In its latest Financial Stability Review, the central bank says digital currencies have similar hazards to other payment systems but with more downside potential.
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EY Oceania acquires technology services business
The move comes as the firm is “experiencing unprecedented growth” and demand from clients of its technology services, it said.
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Tax chief refuses to rule out third term
Despite signalling he would leave in 18 months, Chris Jordan could see his digitisation project through to the end of the decade.
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EV take-up by long-distance commuters ‘key to reducing emissions’
As governments target 50 per cent of new car sales to be electric by 2030, report finds the most reluctant buyers would deliver the most benefit.
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Tax objections report uncovers strange results, says IGTO
A surprising number of counter-intuitive findings emerge from an inquiry into ATO objections.
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Stop tinkering, get cracking on bold tax reform: BDO partner
The government has time on its side when it comes to stage three tax cuts, he said, but should aim for a revamped tax system as its legacy.
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CPA adds two extra directors to take board count to 10
The accounting body’s president was also re-elected and declared an ambition to support members advancing in their careers.
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