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Accountants spared from loan certification: CPA Australia
A change to the Banking Code of Practice will prevent members of the Australian Banking Association from requesting accountants to certify a business’s ability to pay a...
Melbourne accountant convicted for falsifying signatures on audit documents
A Melbourne accountant has been fined $20,000 and sentenced to a 70-hour community correction order for falsifying the signatures of registered company auditors.
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SMC urges government to ‘safeguard’ Australian super
Using super for house deposits will lead to a spike in property prices and upward pressure on rental payments, according to research by the Super Members Council.
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Greens MP demands answers on code changes amid Treasury silence
In a letter, Max Chandler-Mather has backed practitioners’ calls for clarity on contentious new rules set to start on Thursday.
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ATO gives taxpayers green light to lodge returns
Taxpayers should check their details are up to date and revise rules for deductions before lodging, the Tax Office has said.
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Are Gen Z workers afraid of making ‘real’ workplace connections?
As the digitised generation, Gen Z has become infinitely more accustomed to making connections via smartphones, relative to their older counterparts. But does this mean G...
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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