Appointments

COSBOA board gains 1 as 2 leave

The council has appointed an experienced small-business owner and guild president to help fill the vacancies.

30 June 2023 • By Josh Needs

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Business

Retail rebounds on discretionary spending, dining out

Turnover rises above expectations in May thanks to food costs and sales events.

29 June 2023 • By Philip King

Business

Small businesses must understand 1 July changes, says ASBFEO

As smaller firms look to battle against harsh operating conditions, owners and managers need to comprehend what the...

30 June 2023 • By Josh Needs

Appointments

RSM promotes nine with focus on cyber, climate risks

Fresh partners with expertise in ESG and digital security bolster the firm’s Perth leadership team.

29 June 2023 • By Philip King

Tax

SA medical centres win payroll tax reprieve

One-year amnesty gives health centres time to adjust until and “helps to secure the future of general practice” in the...

29 June 2023 • By Philip King

Business

One in four households raids savings to make ends meet

The rising cost of groceries, energy and fuel are forcing consumers to dip into nest eggs, a survey finds.

29 June 2023 • By Philip King

Business

Inflation slows to lowest level in more than a year

However, excluding price moves in volatile items shows only a modest fall in underlying inflation, the ABS says.

28 June 2023 • By Philip King

Tax

What tax agents must tell SMEs before 30 June

With only a few days until the end of the financial year, there are three things small businesses need to know,...

29 June 2023 • By Josh Needs

Appointments

KPMG Australia elects next national chairman

The national managing partner takes over the position from Alison Kitchen in September.

28 June 2023 • By Josh Needs

Business

ISSB standards to provide clarity for businesses

While they may not be the primary target of the sustainability framework, SMEs must be aware of the impact they could...

28 June 2023 • By Josh Needs

Regulation

Accountant faces 10 years’ jail, charged with forging signatures

ASIC alleges the accountant falsified signatures in audits of 12 clients between 2015 and 2020.

28 June 2023 • By Josh Needs

Tax

Avoid lodging returns too early, warns ATO

Waiting for all pre-filled data to be gathered before lodging is the best way to avoid processing delays and follow-up...

28 June 2023 • By Josh Needs

Tax

ATO reveals refreshed charter

The Tax Office says the charter has reinforced its commitment to the Australian community.

27 June 2023 • By Josh Needs

Regulation

TPB bans agent for 5 years over $16m in undeclared income

The organisation found the tax agent also failed to lodge 54 BAS and 23 income tax returns.

27 June 2023 • By Josh Needs

Appointments

RSM Australia appoints 3 additional partners

The firm said the appointments are in response to the increasingly complex environment and demands from clients.

27 June 2023 • By Josh Needs

Business

PwC’s $1 deal an attempt to ‘phoenix’ its government relationship

The global organisation has taken greater control of the Australian firm’s mishaps, parachuting in one of its own as...

27 June 2023 • By Josh Needs

Business

Small businesses account for one-third of Australia’s GDP

However, less than 10 per cent of SME owners are under 30, less than half of what it was back in the mid-1970s.

26 June 2023 • By Josh Needs

Technology

Firms should embrace AI to increase efficiencies

Accountants will not be replaced by AI but instead by those in the industry that know how to best leverage it.

26 June 2023 • By Josh Needs