Tax

2 in 3 SMEs benefit from instant asset write-off, survey reveals

The uncapped version of the instant asset write-off scheme was extremely popular among SMEs with the average spend...

31 January 2024 • By Miranda Brownlee

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Business

December retail turnover falls 2.7% in wake of Black Friday sales

Consumers brought forward their holiday spending to take advantage of November discounts, ABS says.

30 January 2024 • By Philip King

Regulation

Government told to take action on declining ATO service standards

CA ANZ has called for a review into ATO service standards and increased funding for regulators.

30 January 2024 • By Miranda Brownlee

Technology

PayPal undergoes AI-driven ‘revolution’

CEO Alex Chriss says the changes, including a faster checkout and personalised receipts and ads, will “shock the world”.

30 January 2024 • By Christine Chen

Business

Worker disconnect to ‘skyrocket’ with back-to-office mandates

A survey finds that flexibility is key to happy teams and forcing people back to the office exacerbates disengagement.

30 January 2024 • By Christine Chen

Tax

Industry bodies push for tax system shake-up

A comprehensive review and overhaul of the system should be high on Labor’s agenda when developing the upcoming...

30 January 2024 • By Christine Chen

Business

Consumers ‘taking back control’ of finances, Amex finds

An American Express survey shows over 40% of respondents have set goals for the year to pay off debts and grow savings.

29 January 2024 • By Christine Chen

Business

Positive outlook for M&A in 2024, says HLB Mann Judd

Merger and acquisition activity is expected to pick up this year but it is critical that vendors are well prepared,...

29 January 2024 • By Miranda Brownlee

Tax

New-look tax plan ‘objectively better’, experts say

They say the reversal of stage three tax cuts to aid lower-income earners will have positive knock-on effects for...

29 January 2024 • By Christine Chen

Technology

ATO to pull plug on legacy website

The Tax Office will transition fully to its modern interface at the end of the month after being in beta mode since...

29 January 2024 • By Christine Chen

Tax

Albanese lays out stage 3 tax cut pivot to ‘benefit all taxpayers’

The changes will affect all income groups but target relief for middle-income earners without fuelling inflation, the...

25 January 2024 • By Christine Chen

Tax

Government to unveil stage 3 tax cut overhaul

The prime minister is expected to detail revised earnings brackets that deliver greater benefits to low and...

25 January 2024 • By Christine Chen

Business

SME job growth fall ‘a sign of recession-to-come’

The first decline in six months points to challenges ahead for small business, says Employment Hero.

25 January 2024 • By Philip King

Regulation

TASA changes may ‘diminish regulatory regime’, joint bodies warn

Proposed changes to the Code of Professional Conduct are poorly drafted and will create confusion for practitioners,...

25 January 2024 • By Miranda Brownlee

Business

Mike Baird to join KPMG board as independent director

The firm has enlisted the help of the former NSW premier to shore up governance amid ongoing scrutiny of the sector.

25 January 2024 • By Christine Chen

Regulation

ICAEW, SAICA members lose TPB registration pathway

The English and South African professional accounting bodies voluntarily surrendered their accreditation with the...

24 January 2024 • By Christine Chen

Business

Declining business conditions ‘improve inflation outlook’

NAB’s December survey shows economic growth remains on a downward trajectory, helping to ease the growth of prices and...

24 January 2024 • By Christine Chen

Business

Dwindling demand sinks growth expectations

Industry leaders forecast a bleak outlook for 2024 and are making productivity a focus to cope, Ai Group says.

24 January 2024 • By Christine Chen