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SMEs dealing with ‘conflicting messages’ on cash payments, says IPA
The IPA has said that the government’s cash mandate may result in additional costs for businesses that previously switched to digital-only payments.
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Accounting ranked as one of the world’s fastest-declining jobs
The World Economic Forum has predicted AI and automation will displace many accountants, auditors and bookkeepers by 2030.
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SMC calls for teenage super law to be scrapped
The peak super body has called for the removal of an outdated super law which denies teenagers up to $10,000 from their retirement savings.
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Looming election casts uncertainty over key tax measures: Tax Institute
The upcoming election this year will make tax planning for clients more uncertain and challenging, according to the Tax Institute.
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New Airbnb tax raises concern for Victorian tourism sector
The Victorian tourism industry has expressed concern the newly effective 7.5 per cent Airbnb tax will deter travellers in 2025.
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Joint bodies challenge ‘contradictory’ CDR expansion
The joint accounting bodies have welcomed the inclusion of non-bank lenders in the Consumer Data Right expansion with lingering concerns about the cost of accreditation.
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Howarth open to expanding provision of advice by accountants
The shadow minister says, if elected, he would consider examining how accountants could play a greater role in fulfilling the financial advice gap.
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Resilience coach calls for accounting partners to be more attentive
Accounting firms need to recognise the critical signs of burnout and chronic stress in their employees to ensure staff retention, an expert has said.
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Breach reporting changes ‘coming home to roost’, says IPA
The professional body is seeing a rising influx of inquiries and practical issues emerging from the significant breach reporting obligations.
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Underpaid super affects 1 in 4 NT workers, tax data reveals
The Super Members Council continues to push for payday super as data reveals Northern Territory workers missing out on $54.4 million a year in unpaid super.
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Accounting firms expected to ramp up skill search: Robert Half
Recruitment and hiring are set to “heat up” across the accounting industry in 2025 as firms aim to address skill shortages and climate reporting.
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Survey flags technology as top business challenge for 2025
Australian business leaders are set to focus on overcoming digital transformation and emerging technology challenges in 2025, according to a KPMG report.
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Breach reporting guidance raises concerns with software errors
A case study in the TPB’s guidance on breach reporting highlights the importance of self-reporting breaches that arise from using third-party software, John Jeffreys ha...
Is Div 296 dead and buried? SMSF experts weigh in
Do you think the Division 296 tax will be up again in February? If not, will it become a policy issue for the next election?
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Government boosts SME program funding to ease challenges
The government has pledged to continue its commitment to easing small business pressures with an additional $11 million in funding.
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CA ANZ sued by female employee over sexual harassment at work party
An employee has claimed she suffered psychiatric harm and career repercussions after complaining about an “unwelcome” kiss from a senior executive.
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Forvis Mazars unveils new leadership and governance structure
The accounting firm has revealed a new governance model for 2025 and the reappointment of Hervé Hélias as chairman.
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Acquisition saves Bench Accounting from abrupt closure
The Canadian-based accounting start-up and software platform has shocked SMEs with its abrupt closure and subsequent acquisition by Employer.com.
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Government to relax ATO, TPB rules on sharing taxpayer information
A proposed overhaul of tax secrecy laws aims to improve regulatory oversight and prevent fraud following the PwC scandal.
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SME owners must engage ‘exit planning’, says William Buck
Over 75 per cent of business owners expect to exit their businesses over the next 10 years, a William Buck report has found.
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