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Assuming last is required, the following 3591 results were found.

  1. Designer bags land woman behind bars in Operation Protego

    An Operation Protego investigation has landed a luxury spender with a sentence of two years and eight months in prison. Last Friday, a 44-year-old woman was sentenced to over two years behind bars for dealing with the proceeds of an indictable crime,...

  2. Small business laments deferral of instant asset write-off measure: COSBOA

    instant asset write-off (IAWO) to 30 June 2025 was removed from the Responsible Buy Now Pay Later and Other Measures Bill last week in parliament before it was passed by both houses. The government plans to reintroduce the IAWO measure, which was...

  3. PwC scandal shows ‘biggest is never best’

    four’s vast partnerships incapable of regulating governance and ethical failures. Panellists at the IPA’s National Congress last week, including Labor senator Deborah O’Neill and IPA group president Cheryl Mallett, agreed bigger firms habitually...

  4. Anti-money laundering reforms pass both houses

    Parliament. The Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill 2024 was passed by Parliament last week on its final sitting day for the year. The legislation expands the Anti-Money Laundering and Counter-Terrorism...

  5. Super objective for retirement income finally ‘locked in’, says SMC

    Members Council of Australia (SMC) congratulated the Senate and government on passing the Superannuation Objective Bill last Thursday. The bill was introduced into the House of Representatives in November 2023 and would be an important legislative...

  6. TASA determination could upend agents’ client lists: Tax Institute

    imposed by the determination. Exposure draft D57/2024, released by the TPB in a set of six draft information sheets last month, addresses obligations imposed by section 15. The section requires practitioners to either correct a false or misleading...

  7. $3m super tax cast into limbo as parliamentary support crumbles

    thrown into limbo with the Labor government failing to secure crossbench support to pass the measure during Parliament’s last sitting session. Industry experts welcomed news of the bill being left out of the government’s list of priority legislation...

  8. E-commerce rebounds ahead of peak season on surging global demand

    Latest data from Airwallex found international sales rose 80 per cent last quarter as retailers used overseas markets to drive growth. Online retailers are experiencing a turnaround after a rocky start to the year fuelled by surging international sales...

  9. 70% of female business leaders struggle to obtain funding

    why we made a $500 million commitment to back more women in business,” she said. “Since we announced the commitment in March last year, I am proud that we’ve injected over $274 million of capital to support female entrepreneurs, helping more than 726...

  10. November SME pulse records slight downtick: ASBFEO

    dip in the business environment. This month, the ASBFEO pulse dropped 0.1 per cent, the ninth consecutive fall over the last 12 months, resulting in a total decline of 1.4 per cent. Ombudsman Bruce Billson said the fall represented a levelling out...

  11. NSW payroll tax changes safeguard essential GP veteran care

    of Veterans (DVA) card. The bill to abolish payroll tax on the care veterans receive from independent GPs in NSW was passed last week by the NSW parliament. RACGP NSW & ACT chair, Rebekah Hoffman, said she applauded the Minns Labor government for acting...

  12. Teal MP details top tax reform priorities in green paper

    of the major parties have shown real courage, but because economic reality is setting the agenda.” The green paper, released last week, identified six areas of tax reform to respond to challenges facing younger workers, Australia’s declining...

  13. Section 10 could ‘stifle public comment on tax system’, warns tax expert

    may be used to control public comment about the tax system. The TPB released six draft information sheets for consultation last month in relation to the determination. The guidance explains the TPB’s views on sub-paragraph 10(b)(ii) which states that...

  14. WCT Advisory poaches Bentleys team as insolvency work booms

    highest in the construction sector, with appointments surging 27 per cent in October to 1,627 compared to the same period last year, and around 80 per cent compared to 2022 figures. The accommodation and food services sector was also heavily impacted,...

  15. Tax Office issues 8,710 DPNs over unpaid super in 2023–24

    more than double the 3,660 DPNs issued in relation to unpaid super in 2022–23. The Tax Office issued a warning to businesses last month, outlining its new compliance approach to unpaid tax and super. "We are now focusing on businesses who refuse to...

  16. ATO issues reminder to tax agents as government phases out cheques

    30 June 2028 and cease being accepted on 30 September 2029. The ministers said cheque use had fallen by 90 per cent in the last decade and that the government would help customers and businesses still using them to switch to other payment methods. The...

  17. Government cautioned on penalty proposal for accountants’ certificates

    investor and wholesale client tests. "There have been no adjustments to these wealth thresholds for over 20 years, in the last five to ten years individuals who are currently considered to have modest wealth have invested most of their life savings into...

  18. Reliance on bracket creep risks record-high income taxes

    tax receipts, meant that income tax would eventually make up almost half of total tax revenue, approaching historical highs last seen in the mid-1980s. The report by the PBO, released Thursday (15 November), warned that “unless other sources of revenue...

  19. Too soon for more promoter penalty changes: CPA Australia

    scope, including a broader definition of what it means to be a ‘promoter’. The Treasury consultation paper, released last month, proposes introducing grouping rules to address the conduct of associates of tax schemes, as well as altering an exemption...

  20. ‘Bold and broad’ inquiry reforms to restore trust in profession, says IPA

    and Financial Services Committee tabled its final report for its inquiry into the audit, assurance and consultancy industry last week, outlining 16 priority recommendations for immediate action and 40 in total. IPA chief executive Andrew Conway said...

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