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Regulation

ASIC sues Auto & General alleging unfair contracts

The regulator says a requirement by the insurer imposes an “unclear obligation” that could “mislead or confuse”.
06 April 2023 • By Philip King

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Business

RBA decision ‘welcome relief’, say experts

The first rate pause after a year of increases will give the bank time to assess the full effect of previous rises.
05 April 2023 • By Josh Needs
Tax

ATO calls on accountants to ensure smooth FBT returns

As the lodgment date looms, the Tax Office delivers an A to Z on FBT.
05 April 2023 • By Josh Needs
Regulation

Insolvent financial firms put $692m of claims in limbo, AFCA reveals

The compensation scheme of last resort will be crucial for almost 5,000 complaints on hold due to company wind-ups.
05 April 2023 • By Philip King
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
Appointments

William Buck fast-tracks audit specialist to director

The firm’s Victorian branch boosts its team in a complex area during “challenging times”.
06 April 2023 • By Philip King
Business

‘Accountants key’ to meeting tighter ESG rules

Companies will look to tax professionals to help them achieve greater sustainability levels required by increasing...
05 April 2023 • By Josh Needs
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