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Stephen Jones retains role in recent Ministry shake up
Jones will remain Minister for Financial Services despite recent backlash over his administration of the portfolio from both the accounting and advice sectors.
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SMBs to be given four years to amend returns under proposed legislation
The government has released draft legislation to implement part of its budget package aimed at reducing administrative burden for small businesses.
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Australian businesses ‘not ready’ for privacy law changes
Businesses need to prepare and equip themselves to face the impacts of the changing privacy laws, a customer experience and behavioural expert warns.
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Accounting firm undergoing ‘evolution’: Stone Accounting Group
Stone Accounting Group announced the firm will undergo a rebranding process to expand its influence in national and global markets.
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Small businesses secure $41m in energy grants
The government has given thousands of SMEs funding to spur uptake of energy-efficient technology and equipment.
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Three-quarters of Australians back wealth tax amid rising inequality
A survey has found most Australians support more action to rein in the ultra-rich as the G20 agreed to work on a 2 per cent levy on assets last week.
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SMEs not ‘confident’ in financial health, survey reveals
Australian small businesses feel insecure about their financial health in the current economic market, according to CreditorWatch data.
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Accounting ties strengthened in Sri Lanka: CPA Australia
The professional body established strong relationships and connections with the Sri Lankan community during a delegation visit in July.
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DPNs climb to 26.7k as ATO hunts down old debts
Lockdown notices, once rare, have become the Tax Office’s weapon of choice to recoup legacy debts from directors.
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Self-prepared returns on the rise in latest tax return data
The proportion of agent-prepared tax returns has seen a slight decrease from the same period last year, according to the ATO.
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CA ANZ calls on Gen Z to ‘make epic things happen’
The professional body launched its new “Make Epic Things Happen” campaign in cinemas last night aimed at attracting young people to the accounting profession.
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Building a sustainable firm that thrives without you
A business strategist has outlined strategies that business owners can implement to ensure success in their absence.
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SMSF Association calls for ‘pragmatic approach’ on NALI issues
The association wants to see the NALI rules applied to super funds in a measured and proportionate way.
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SMEs enter ‘survival mode’, rate cut hopes fade
Quarterly lending data shows small businesses are shelving growth plans, with loan applications falling 20 per cent in Q4.
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Data reveals mixed trends for SMEs in June quarter: XSBI
Australian small businesses experienced high growth in jobs but saw declines in other areas, recent Xero data has shown.
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CA ANZ urges members to lobby MPs against new agent rules
In a shift in tactics, the accounting body has launched a grassroots campaign to support practitioners protesting the code of conduct changes.
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Accountant denied TPB registration over supervision concerns
Work experience requirements are essential for tax agent registration and to maintain public trust in the profession, the AAT has ruled.
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ASIC disqualifies 7 directors in recent enforcement blitz
The corporate regulator has said it will continue to take tougher action against company directors whose actions negatively impact small businesses.
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Red tape ‘strangling’ small businesses: ACCI
Small businesses are feeling neglected in the current economy and many are considering closure, according to ACCI research.
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‘Running out of time’: industry sounds alarm over payday super rush
Accounting software developers are staring down a deadline that is becoming increasingly unachievable in the absence of government guidance.
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