Business

RBA reveals landmark April interest rate decision

The RBA has announced its cash rate decision following consecutive rate rises to start the year.

04 April 2023 • By Josh Needs

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Technology

$19m digital advice program aims to move small businesses online

Three suppliers have been named for round two of government’s subsidised technology assistance scheme.

04 April 2023 • By Philip King

Regulation

Seafood labelling regime ‘huge burden’ on hospitality

The small business ombudsman says proposed country-of-origin rules would be a nightmare in practice.

04 April 2023 • By Philip King

Technology

BGL provides automated crypto data with Syla

The integration will make it easier for accountants facing increased crypto compliance measures as digital currency...

04 April 2023 • By Josh Needs

Regulation

Fraudulent SME business insurer sentenced to nearly three years in jail

The dishonest actor obtained almost $100,000 by providing invalid insurance to small businesses.

04 April 2023 • By Josh Needs

Regulation

Two jailed for separate multi-million dollar tax fraud schemes

Joint ATO-AFP taskforce results in prison for fake BAS lodgements and the first jail term for alleged members of an...

03 April 2023 • By Philip King

Super

Accountants must highlight dangers of raiding super: ATO

The Tax Office tells the industry to alert clients that there are consequences from illegal early access schemes.

03 April 2023 • By Josh Needs

Business

EY Australia selects pharmacy magnate as entrepreneur of the year

The Chemist Warehouse founder goes to Monaco in June to represent Australia at the global final.

03 April 2023 • By Josh Needs

Business

Paycepaid acquires Australian Debt Recoveries

The deal will provide accountants and bookkeepers with a fully integrated end-to-end accounts receivables system, the...

03 April 2023 • By Josh Needs

Super

ATO warns SMSF on sole purpose test for property investment

Property investment by an SMSF will fail the sole purpose test if it provides pre-retirement benefit to someone such...

31 March 2023 • By Keeli Cambourne

Regulation

FWO targets underpayment of apprentices

The ombudsman has secured more than $15,000 in penalties against an electrical services business that paid an...

31 March 2023 • By Josh Needs

Business

KPMG moves to ESG-designed Parramatta office

The firm’s recently finished centre has been designed to promote employee wellbeing and an enhanced workplace...

31 March 2023 • By Zarah Torrazo

Business

Government initiates bill to expand unpaid parental leave

The broader leave entitlements are said to provide greater flexibility for families, but professional groups remain...

31 March 2023 • By Josh Needs

Business

ASBFEO launches inquiry into Commonwealth tendering and SMEs

The review will identify the effectiveness of AusTender and the ability of small businesses to compete for government...

30 March 2023 • By Josh Needs

Business

RBA must pause rates in response to easing CPI, say experts

The February figure revealed a second consecutive month of lower inflation but rent was seen as a growing problem.

30 March 2023 • By Josh Needs

Technology

Microsoft releases AI cyber security tool

Microsoft Security Copilot is said to improve efficiency and reactions to cyber breaches by constantly learning to...

30 March 2023 • By Josh Needs

Regulation

ATO ‘must rearm’ against sales suppression tech

Increased penalties and stronger action have hindered the use of the technology but more needs to be done to combat...

29 March 2023 • By Josh Needs

Business

Accounting firms fetch higher prices as supply dries up

A quiet consolidation in the regions means fewer sellers and now buyers are changing their strategy, says one...

29 March 2023 • By Philip King