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  1. Australian small businesses trail rest of APAC: CPA

    A recent survey from CPA Australia placed Australian small businesses last or near last on nearly all vital indicators. Inadequate use of technology and a lack of young entrepreneurs continue to undermine Australia’s small business market, said CPA...

    • Type: Article
    • Author: Nick Wilson
    • Category: Business
  2. Australian firms warned of cloud ‘death spiral’

    if they want to avoid a similar fate. “It’s hard to get out of that death spiral that the Kiwis have got,” he added. “In the last two years we’ve just seen this start to happen in Australia; profit per partner and revenue per partner on the decline, and...

  3. Australian economy needs SMEs to succeed, says COSBOA

    about the economy in the next 12 months. Fifty-three per cent said their optimism levels have remained stagnant over the last 12 months and only 22 per cent said they are more optimistic. Small business owners have outlined government policy would make...

  4. Australian CFOs losing faith in corporate reporting

    55 per cent are confident that they are achieving full compliance with their corporate reporting, compared with 84 per cent last year. The responses from Australian CFOs depicted a similar trend, with only 40 per cent of CFOs confident in their overall...

  5. Australian businesses soaring towards the cloud

    by this time next year,” Mr Ridd said. “The number of Australian small businesses using Xero has doubled since September last year, and we’re looking forward to continuing to build our small business user base and providing them with the mobility and...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  6. Australian businesses lose $227m in payment redirection scams

    the hardest hit according to the ACCC report. There was a 77 per cent increase in payment redirection scams in Australia last year with businesses losing $277 million according to the latest Australian Competition and Consumer Commission report. The...

  7. Australian alt-fi market growing finds big 4 firm

    introduction of legislation to parliament to enact the extension of crowd-sourced equity funding to proprietary companies last week. However, RSM raised doubts about the new fundraising approach and the conditions of eligibility.

  8. Australian accounting firm held to ransom by Hunters International

    the T A Khoury & Co listing. Hunters International is a relatively young ransomware gang, having first appeared in October last year. In a short time, it has launched several high-profile attacks, including on the US subsidiary of Australian shipbuilder...

  9. Australian Accounting Awards to expand in 2015

    Accounting Awards set to open on Monday, AccountantsDaily has unveiled a host of new categories for the 2015 event. Last year’s program offered 13 awards to leading firms and individuals. In response, AccountantsDaily was inundated with submissions...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  10. Australian Accounting Awards 2014

    Principal Partner The first annual Australian Accounting Awards will recognise the outstanding individuals and firms across the accounting industry. To have the chance to secure a top accolade for yourself, a colleague or your firm, your first step is...

  11. Australian accountants facing further scrutiny

    a wrap of the Australian Accounting Awards. The team share their learnings and observations from the gala dinner in Sydney last week, including advice for accountants who are considering throwing their hat in the ring next year.

  12. Australian .au domains are now the 10th most popular globally

    Despite criticism of the rollout of the shortened .au domain late last year, auDA says it now provides almost 4 million domain names. The .au domain administrator (auDA), which prompted security concerns late last year due to a rushed rollout of the...

  13. Australia’s recession ‘technically over’, says Frydenberg

    per cent.” The Treasurer noted since the health pandemic started, the goal has been to keep Australians in work. “Over the last five months, 650,000 jobs have been created, the effective unemployment has come down from a peak of 14.9 per cent to 7.4 per...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Technology
  14. Australia’s anti-money laundering rules ‘third world’

    in very few people are actively going to do everything they need to,” he said. “There has definitely been a change in the last year or two as people are more aware of this. “It’s in the public forum now you’ve seen Star and Crown be dragged through the...

  15. Australia ranks second for housing market risk: IMF

    “National home values declined a record -9.1 per cent from their peak in April 2022, before recovering 0.6 per cent last month. While it may still be too early to call the bottom of the market, the steep price falls to date have seen limited increases...

  16. Australia number one for cyber-security breaches: PwC

    the radar of many Australian businesses. “Encouragingly, investment in managing cyber threats has also increased, reversing last year’s slight drop in security spending,” he noted. The survey also indicated a strong focus on 'cyber-security leadership’,...

  17. Australia drops down Financial Secrecy Index despite hosting illicit funds

    begun to publish their country-by-country reports under the new GRI tax standard. “The GRI tax standard published last year delivers the highest quality of public country-by-country reporting data, as formulated by experts from all stakeholder groups...

  18. Australia a hotspot for economic crime, warns PwC

    to a recent PwC survey. The study revealed 52 per cent of Australian organisations experienced economic crime in the last 24 months compared with the global average of 36 per cent. According to the Australian edition of PwC's 2016 Global Economic Crime...

    • Type: Article
    • Author: Staff Reporter
    • Category: Tax
  19. Aussie, European accounting networks team up

    without a merger. DFK International launched a “strategic alliance” with UK-based accounting network AGN International last week, after several months of negotiations late last year. The two businesses will remain separate entities, but will share...

  20. Aussie start-ups secure record level of funding: KPMG

    Despite a global lull in venture capital, local businesses attracted a landmark $5.84 billion in investment last year. Australian start-ups secured record venture capital funding of $5.84 billion in 2022, up 2 per cent on the previous year, despite a...