Regulation

NSW government suspends PwC from tax-related contracts

The suspension will prevent the firm from obtaining any taxation engagements out of the government for three months.

15 June 2023 • By Josh Needs

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Business

Accounting industry’s ‘time to shine’ amid softening economy

The industry should lean into the move from transactional work to being more client-facing-focused as it needs to make...

15 June 2023 • By Josh Needs

Super

Phase 1 QAR reforms welcomed by sector

There has been widespread relief that the Quality of Advice Review response has so far been handed down in favour of...

15 June 2023 • By Keeli Cambourne

Regulation

Cleaning company penalised almost $140k for staff underpayment

The Western Australian firm underpaid employees over $114,000 along with falsifying records.

14 June 2023 • By Josh Needs

Tax

ATO widens its data-matching capacity

The expanded capabilities will now include information from property managers, landlord insurance and sharing economy...

14 June 2023 • By Josh Needs

Regulation

Former CFO charged with insider trading

The previous financial officer of the video production business was found to have inside knowledge when he procured...

14 June 2023 • By Josh Needs

Business

Firms need to seize EOFY to restructure their budget

The recommendation comes after OptiPay saw a 20 per cent increase in enquiries from businesses worried they may need...

14 June 2023 • By Josh Needs

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

Business

CFOs deal with more than just finances: BDO

Those in chief financial officer roles are now expected to drive business decisions and reporting in non-financial...

13 June 2023 • By Josh Needs

Business

Businesses told to brace for ‘challenging’ FY24

Businesses are facing a tough outlook for the new financial year with insolvencies already at a 10-year high and...

12 June 2023 • By Josh Needs

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