Business

Bullock brings steady hand to debut as RBA governor

Economic uncertainty persists but the RBA believes inflation will continue on a downward trend.

03 October 2023 • By Christine Chen

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Super

SMSFA urges government to remove active member test

Residency of a fund should be determined on the same principles as all other entities for income tax purposes, the...

03 October 2023 • By Keeli Cambourne

Tax

Tech, skills boosts contain sting in tail for shareholders

The 20 per cent bonus deductions reduce the tax liability for a small business but can mean dividends arrive less than...

03 October 2023 • By Philip King

Business

Listen and be curious: how to help clients from different cultures

Asking questions and listening are paramount to servicing clients from diverse cultural backgrounds, according to an...

29 September 2023 • By Malavika Santhebennur

Technology

ATO raises $40m from crackdown on sales suppression tools

Retail and hospitality businesses using the technology should give themselves up or face the consequences, it says.

02 October 2023 • By Philip King

Tax

‘Expand FBT break to EV chargers, solar panels, batteries’

Removing upfront costs of switching from petrol to electric could increase EV take-up, says management consultant.

02 October 2023 • By Christine Chen

Technology

Financial controls ‘best defence for unfair fight with cyber crimes’

As digital outlaws become more sophisticated, controls that detect and prevent unauthorised activity can put...

03 October 2023 • By Christine Chen

Business

Revenue to slump 12% in gloomy outlook for retailers

Data from Airwallex and the ABS show shoppers slashing spending ahead of the holiday period.

30 September 2023 • By Christine Chen

Tax

ATO works hard to fix ‘flaw’ in client linking system

Inadvertent disconnection of a BAS agent will become a source of frustration and inconvenience under the revised...

29 September 2023 • By Philip King

Regulation

Privacy Act to take in small businesses

Operations with an annual turnover of $3 million or less will no longer be exempt after the government accepts review...

28 September 2023 • By Josh Needs

Business

KPMG caught using secret ‘power maps’ to secure Canberra contracts

Senators blasted KPMG's CEO for lying and breaching public trust after he denied his firm targeted officials based on...

28 September 2023 • By Philip King

Regulation

Auditor suspended for 3 years for professional failings

ASIC says he failed to obtain sufficient evidence of money held by a broking services firm in which the director was...

28 September 2023 • By Philip King

Regulation

Switkowski exposes flaws in PwC’s results-focused culture

Excessive CEO power, a flawed governance model and an attitude that “revenue is king” undermined trust built up over...

28 September 2023 • By Philip King

Business

Pension work bonus increase an ‘encouraging step’

National Seniors Australia welcomes a government decision to permanently increase the work bonus for pensioners but...

28 September 2023 • By Miranda Brownlee

Business

Inflation rebounds on high petrol, energy prices

UPDATED: An increase in August reflects rapid rises in volatile items, the ABS says.

28 September 2023 • By Philip King

Business

Qld uni adds company turnaround course for finance students

Module created in partnership with specialist firm Vantage Performance will focus on restructuring and refinancing.

02 October 2023 • By Philip King

Business

Carbon acquires Melbourne firm in fifth takeover this year

With the rebranding of MG Partners and Davenports, the group now has 20 offices and 300 staff.

02 October 2023 • By Philip King

Regulation

Accountants sweat on ‘non-stop’ wave of ATO super audits

The Tax Office’s intensified, data-led approach means that accountants have become inundated with superannuation...

27 September 2023 • By Christine Chen