Business

Small businesses must focus on productivity as recession looms: MYOB

Businesses must embrace digitisation and the use of technology along with greater training for staff to address the...

14 June 2023 • By Josh Needs

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Regulation

FWO catches bubble tea chain underpaying employees almost $90k

The chain underpaid 36 workers across nine outlets across Sydney and Canberra.

13 June 2023 • By Josh Needs

Tax

ATO tells accountants to caution clients of scammers

The Tax Office told agents to make sure their clients know the “warning signs to avoid falling head over heels for a...

13 June 2023 • By Josh Needs

Business

Minimum wage decision ‘could fuel recession risk’

An increase in minimum and award wages is expected to lead to further interest rate rises and increase pressure on...

12 June 2023 • By Josh Needs

Regulation

Suncorp forced to back pay staff $32m

The organisation underpaid more than 15,800 employees between May 2014 and March 2022.

09 June 2023 • By Josh Needs

Business

Why companies should consider AI hiring

Embracing technology is important for standing out from the competition and streamlining processes.

12 June 2023 • By Jack Campbell

Business

What to know before denying flexible working requests

The highly-anticipated changes that’ll see employees given more power to challenge refusals for flexible work...

13 June 2023 • By Josh Needs

Appointments

Grant Thornton reveals 12 partner promotions

The internal appointments reflect the positive service provided to its clients, says Grant Thornton.

09 June 2023 • By Josh Needs

Business

Cheques out: Cheques to bounce by 2030

The government will phase out cheques from the financial system by 2030 as part of a payment system overhaul.

09 June 2023 • By Annie Kane

Business

Rising recession fears dampen SME revenue predictions

Four in 10 small businesses say their business is now worse off than before the pandemic despite relatively strong...

09 June 2023 • By Josh Needs

Tax

Tax professionals to be held to higher SMSF standards

After an almost $180,000 tax shortfall from a chartered accountant and approved SMSF auditor, the ATO has reiterated...

09 June 2023 • By Josh Needs

Technology

Intuit reveals generative AI system across its platforms

The AI will have custom-trained financial language models specialising in solving, tax, accounting, cash flow and...

08 June 2023 • By Josh Needs

Regulation

TPB bans agent for 3 years over ‘serious misconduct’

The board found false and misleading statements of experience as well as failure to meet taxation requirements in...

08 June 2023 • By Josh Needs

Tax

ATO tells small businesses to come clean

Those with overdue tax returns or business activity statements have until 31 December to come clean as part of the Tax...

08 June 2023 • By Josh Needs

Regulation

Ethics board declares PwC tax case a ‘breach of standards’

A director of the independent standard setting board who works for PwC has denied any involvement in the matter.

08 June 2023 • By Josh Needs

Business

RBA surprises businesses with cash rate rise, ‘risks recession’

Stagnant high inflation and growing wages mean further increases are on the horizon according to the board.

07 June 2023 • By Josh Needs

Business

RBA reveals greatly anticipated June rate decision

The Reserve Bank has divulged its June cash rate decision in light of the ABS’s recent Consumer Price Index indicator.

06 June 2023 • By Josh Needs

Business

Deloitte acquires Australian arm of international consulting firm

The move will allow the firm to grow its human capital and payroll management and expand its knowledge with Ceridian’s...

07 June 2023 • By Josh Needs