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Big winners but some losers in salary versus CPI More professionals are threatening to move if their salaries fail to keep pace with inflation, research finds. ...
‘Too soon to celebrate’ fall in inflation rate The headline figure remains high and businesses will struggle with increased costs and slower consumer spending, observers say. ...
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Have yourself an FBT-free Christmas It’s fine to throw a work party and buy staff presents but give the Cartier watches a miss, say accounting bodies. ...
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Businesses must be financially fit to ward off risks: CreditorWatch Challenges range from inflation to partner insolvency and there are four ways to dodge disasters, says the agency. ...
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ABRS extends director ID deadline by 2 weeks Registrar confirms more than 1 in 4 have yet to apply. ...
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CPI figure out for October Prices for essentials such as fuel, construction, and fresh produce all increase rapidly.  ...
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First criminal wage theft charges lodged under Victorian act Action under Victorian state law can result in up to 10 years imprisonment and fines of $1.1 million. ...
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ASIC shareholder engagement just a ‘tick-a-box’ exercise: CPA The body says corporate insolvency and small business restructuring need reform post-pandemic.  ...
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What the FTX fallout means for accountants The dramatic collapse of the crypto exchange has left around 30,000 Australians on the list of more than 1 million unsecured creditors worldwide. ...
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Credit card complacency ‘costs consumers thousands’ Accountants could help save their clients thousands of dollars a year simply by getting them to change their card provider. ...
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Australian finalist wins global EY event The bachelor of commerce student was selected for the London finals after winning the 2021 Oceania competition. ...
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Real wage growth now will push rates higher, warns Lowe The RBA governor says a reduction in real wages is essential to keep the lid on inflation. ...
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First female CEO appointed to Office of Financial Management The selection comes after her predecessor was nominated by the government to join the International Monetary Fund.  ...
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Bill to lower downsizer age passes both houses The bill to reduce the eligibility age for downsizer contributions down to age 55 has now passed the Senate and awaits royal assent. ...
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Small breakaway firms are future of the profession Disaffected millennials will challenge the established order and be a driving force for change, says Shaye Thyer of Intuit Quickbooks. ...
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Firm profits allocation guide ‘a very blunt instrument’ PCG 2021/4 resolves the risk issue for just a small sliver of cases, says BDO tax partner. ...
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Clients have grown more demanding of accountants: KeyPay The relationship has gone from transactional to trusted advisory in the face of tough financial conditions. ...
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Small business uneasy over IR bill, calls for more talks COSBOA says time is needed to understand the full ramifications of the proposed law. ...
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Accountants ‘miss a trick when it comes to sales’ The profession needs to unlearn the notion that public practice is poorly paid, says the head of accounting at Intuit QuickBooks, Shaye Thyer. ...
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Data#3 appoints CFO from engineering company Cardno Cherie O’Riordan will succeed the retiring Brem Hill in January. ...
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