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120 DPNs a day drive insolvencies back to pre-pandemic level
The ATO’s ramp-up of debt collection activity on small businesses shows up in the figures for July.
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KPMG grows revenue 16% to hit $2.3bn
The result was led by its management consulting and audit, assurance and risk consulting businesses.
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Disclose contractor payments by 28 August, ATO warns
Small businesses told under-reporting will be exposed by powerful data matching.
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Visa delays stall attempts to recruit overseas
A positive outcome on skilled migration is essential to stop firms from “cannibalising each other”, says CA ANZ.
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Super ahead of banking, insurance on climate risk
APRA survey finds the superannuation industry further advanced on four key measures.
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ASIC prosecutes 10 companies, 73 individuals
More than $500,000 in fines have been imposed on those failing to meet personal and corporate obligations.
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EY revenue grows 18 per cent, delivers $70m in bonuses
Led by its consulting and strategy divisions, EY rebounds despite lingering COVID concerns.
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Age for downsizer super scheme to drop to 55
Tax amendments widen eligibility for the one-off bump to retirement savings.
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Tax Institute appoints independent chair
Financial services industry expert will help guide strategic governance of the body.
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Buy now, pay later needs greater regulation, says CPA
Consumers using the platforms lack protection from laws on borrowing.
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IPA calls for ASIC’s powers to be stripped
The IPA wants the Quality of Advice Review to make bold moves towards meaningful reform.
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Little point changing lodgement date, says CPA
The ATO remains in limbo on vital pre-fill data despite giving the green light to returns.
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‘Made in Australia’ the route to growth: CreditorWatch
A revival of local manufacturing, focusing on key sectors with advantage, offers a huge opportunity, says report.
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PwC Australia refreshes assurance leadership team
Firm promotes three partners to head up assurance, audit and risk.
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Dixon Advisory clients told to act quickly on claims
File for potential compensation with the AFCA while awaiting the outcome of administration, ASIC says.
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MYOB grows ERP department with two acquisitions
The procurements add more than two dozen trained employees within MYOB’s ERP departments.
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ASIC bans adviser over misleading conduct allegations
An Adelaide adviser has received a five-year ban after allegedly facilitating the illegal early release of super through SMSFs.
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RBA raises rates for a fourth month in a row
The low unemployment rate forced the bank’s hand, says CreditorWatch economist.
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Class appoints four extra general managers
The positions are part of a revamped operating model, says chief executive.
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Staff shortages ‘force small firms to merge or quit’
The big end of town can outbid for talent and it’s already having an impact, says CPA Australia.
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