Business

ATO outlines focus areas for SMSF auditor compliance in 2025

The ATO has issued guidance on what it will focus on regarding auditor compliance for 2025.

27 February 2025 • By Keeli Cambourne

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Business

5-day office mandate picking up steam in employers, Robert Half reveals

A shift among Australian employers is emerging, with more beginning to mandate five days in the office as they follow...

26 February 2025 • By Imogen Wilson

Technology

ANAO releases audit report into ATO's arrangements for AI

The Australian National Audit Office has found the ATO's governance arrangements for supporting the adoption of AI to...

26 February 2025 • By Imogen Wilson

Tax

Practitioners left in ‘uncertain position’ as TR 2010/3 unravels

Accountants may need to lodge objections for some clients following the Bendel decision but must first wait for...

25 February 2025 • By Miranda Brownlee

Business

Submissions open for Australian Accounting Awards 2025

Nominations and submissions are now open for this year’s Australian Accounting Awards.

25 February 2025 • By Imogen Wilson

Regulation

Wholesale investor rules of great concern for SMSF sector

The SMSF Association has said there is an urgent need for the government to prioritise legislative amendments to...

25 February 2025 • By Keeli Cambourne

Technology

AI adoption key to unlocking long-term business profitability, survey reveals

Increasing adoption of artificial intelligence could lead to a significant uptick in business innovation and...

25 February 2025 • By Imogen Wilson

Super

Aussie super system set to climb global ranks over next decade: SMC

Australian retirement savings are on track to becoming the second largest in the world, rising from fourth by 2031.

25 February 2025 • By Imogen Wilson

Regulation

Oversight body must ‘stand the test of time’, says CPA Australia

The new oversight body must have a sound legislative basis and incorporate current provisions and a governance...

24 February 2025 • By Imogen Wilson

Business

Accounting bodies axe professional year program for international students

Professional bodies say they’ve been left with no option, but to cease the program following a sharp decline in...

21 February 2025 • By Miranda Brownlee

Regulation

Accountants must prepare for anti-money laundering reforms now, warn experts

Accountants need to get on the front foot and prepare for the sweeping reforms in the Anti-Money Laundering and...

24 February 2025 • By Keeli Cambourne

Tax

SMSFA says it is time for government to take Div 296 ‘off the table’

It’s time the government takes the Division 296 tax “off the table” and listens to industry concerns, the SMSF...

24 February 2025 • By Keeli Cambourne

Tax

ATO likely to face difficulties in appealing Bendel decision, says law firm

The Commissioner may seek special leave to appeal the Bendel decision but would face an "uphill battle" following a...

21 February 2025 • By Miranda Brownlee

Regulation

CA ANZ issues warning about oversight body merger

Excluding practising accountants from the proposed financial standards body is akin to having a medical standards...

21 February 2025 • By Miranda Brownlee

Super

Commissioner flags 'heightened risk behaviours' with SMSFs as sector grows

The ATO has outlined concerns about the use of sophisticated arrangements to facilitate the illegal early release of...

21 February 2025 • By Imogen Wilson

Super

Gen X, Millennials driving SMSF growth

Generation X and Millennials are driving the establishment of new SMSFs, according to the latest data from Class.

21 February 2025 • By Keeli Cambourne

Tax

Full Federal Court rules against ATO in Bendel decision

The court has handed down its decision on the Bendel case, dismissing the ATO’s appeal.

19 February 2025 • By Miranda Brownlee

Super

SMSF Association celebrates $1tn milestone

The SMSF sector hit a key milestone in 2024, with total assets invested in SMSFs reaching $1 trillion.

20 February 2025 • By Imogen Wilson