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A quarter of advisers plan to exit industry One in four advisers expect to leave the industry within the next five years as the cost of providing advice continues to rise, according to a new report. ...
State subsidy scheme shows small business ‘desperate for advice’ Huge demand for $2,000 vouchers meant the program ran of funds out within hours, says CPA Australia. ...
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RBA raises interest rates for fifth month in a row Another increase by 50 basis points takes the rate to 2.35 per cent. ...
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Federal Court dismisses tax agent’s appeal against ban Tasmanian practitioner who falsified documents and lied under oath was deregistered by the TPB. ...
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Qld small builders face steep rise in compliance costs State regulations that require reports when financial circumstances change must now meet tighter accounting standards. ...
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BDO Australia cracks $400m revenue in record result “Milestone” figure puts the firm in the front rank of mid-tiers, says chief executive. ...
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Grant Thornton appoints former Deloitte director The additional partner will take over as the lead of the firm’s national stamp duty and land tax practice. ...
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RBA announces fifth interest rate rise  The Reserve Bank has announced another interest rate rise this month in an attempt to combat inflation. ...
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‘Devil in the detail’ of extra skilled migrant scheme  It’s unclear how far expansion of the scheme will solve the talent shortage in accounting, says CPA Australia. ...
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NSW and building industry lead nation into insolvency The latest data shows wind-ups on the way back to pre-pandemic levels. ...
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WAIS recruits fifth registered liquidator in Cliff Rocke The Western Australian insolvency outfit strengthens its team with wind-up and restructuring specialist. ...
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‘Shout from the hilltops how hard you work’, award winner tells women A mortgage broker has urged women to enter the Women in Finance Awards to gain recognition, attract new business, and build confidence. ...
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‘Make accounting sexy!’ to solve skill drought Attracting more students to the profession is key to solving the number one issue for business, says Nexia partner. ...
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Raised migration cap, smoother visas two wins for accounting Representatives from the profession at the Jobs Summit emerged cautiously optimistic. ...
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Restaurant owner sentenced to five years’ jail for GST fraud The South Australian man was found guilty of obtaining over $600,000 in refunds.  ...
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Disability services provider forced to back-pay over $3m The business was found to have short-changed almost 400 employees over six years.  ...
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Grant Thornton charged with audit failure of iSignthis The accounting firm faces five charges under the Corporations Act and more than $250,000 in fines. ...
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Stage three tax cuts ‘pointless without system overhaul’ Politicians have lost sight of the main problem: a broken and unsustainable revenue model, says the Tax Institute. ...
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Jobs summit $1.1bn boost for TAFE ‘just one piece of puzzle’ Training, workforce participation and skilled migration will be the focus of day two agenda. ...
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Mazars appoints lead managing partner of Sydney office Accounting Awards Partner of the Year promoted after 20 years with the firm. ...
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