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Agent linking talks ‘highly productive’, says ATO
Office optimistic that another meeting with professional bodies can address concerns.
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FWO takes retail giant to court over $1.1m in staff underpayments
UPDATED: The holding company for Supercheap Auto and Rebel Sport allegedly shortchanged workers for more than two years.
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International tax reform could net annual gains of $220bn
Global governments must embrace the reform to ensure multinational corporations pay taxes where they earn their revenue, says OECD.
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ATO talks over agent linking regime end without agreement
A crucial meeting between the tax office and professional associations fails to resolve key points of difference about the complex six-step process.
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9 out of 10 businesses expect skills shortage to be biggest problem
More companies name recruitment as their chief concern in 2023 ahead of inflation and supply chain issues, Ai Group survey finds.
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Former AFP and ATO investigator joins Kroll’s Melbourne office
The experienced financial crime inspector joins from the firm’s London branch where he oversaw the asset tracing and recovery team.
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ATO figures reveal final 2022 DPN tally
After a slow start in May, the office went up through the gears with director penalty notices.
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ASIC reports on small business restructuring scheme
The simplified debt restructuring process was largely successful although the number of companies involved was small.
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ATO begins ID crackdown on recalcitrant directors
Half-a-million who failed to apply before the deadline will be contacted by the office.
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Professional bodies demand changes to ATO agent linking process
Six-step method provokes storm of protest on social media and will be “a major headache” for small clients, say accountants.
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Airwallex partners with American Express
The Melbourne start-up now offers 60 payment methods and was valued at $5.5 billion late last year.
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William Buck attracts former Deloitte director
The Melbourne recruit will strengthen the firm’s CFO advisory service, it says.
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Australian businesses lag in global environmental push
When it comes to the benefits of sustainability, companies put brand recognition and customer satisfaction behind addressing climate change.
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Cyber watchdogs ‘in the dark’ about SME hacks
A lack of mandatory reporting for businesses with less than $3 million turnover means Australia knows too little about the extent of hacking.
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Businesses must account for family and domestic violence leave
The additional respite category commences in February with firms warned to prepare for the added classification.
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Pessimistic CEOs believe their companies must change or perish
Businesses that fail to transform will be on life support by 2030, PwC survey finds.
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Ignition lays off staff as expansion plans stumble
Founder Guy Pearson admits the company made “incorrect assumptions” about its potential for growth.
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ASIC commissioner exits before end of term
Sean Hughes accepts a role in the private sector and departs next month.
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Business owners put cyber security novices in front line
Gen Z is the least aware of online security risks despite being the most digitally literate, a survey finds.
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NSW bars, restaurants soar back to pre-pandemic levels
Hospitality recovers with double-digit revenue increases in December, research finds.
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