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Assuming lead is required, the following 1203 results were found.

  1. Average refund plummets by $580, total payout down $5.4bn

    changes earlier this year, said the decline was in line with his expectations. “The absence of LMITO was inevitably going to lead to smaller refunds and the change to working-from-home deductions has also been a factor,” he said. “The ATO were adamant...

  2. Automation the answer to inflation, say Australian businesses

    the impacts of inflation, according to Grant Thornton’s International Business Report (IBR). Grant Thornton CMO and industry lead Fraser McNaughton said firms were responding to economic challenges — with inflation figures this week showing it hit 7.8...

  3. Automation 'the way of the future', says Grant Thornton

    but just under half want to free up key staff for higher value-add tasks, while only a third expect this automation to lead to job losses,” Mr Green said. “Post-financial crisis, firms continue to strive for greater efficiency, better productivity, and...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  4. Australians look to business for societal change

    Australians are now turning towards businesses and their leaders to enact change on societal issues as trust in the government tanks following the Black Summer bushfires. The 2020 Edelman Australia Trust Barometer found that trust in the government,...

  5. Australians hit with biggest income tax increase in OECD

    and has fallen from the peak of 7.8 per cent in December 2022,” the ABS said. Economists have predicted this result may lead to the RBA resuming its tightening bias to get inflation within a target range of 2–3 per cent by June.

  6. Australian SMEs struggling, performance data reveals

    economy and the industries most impacted give us insight into why this might be down compared to GDP,” he said. The lead indicator of the SME economic performance was based on over 17 million observations of 200,000 small businesses in Australia. The...

  7. Australian small businesses trail rest of APAC: CPA

    of 65 per cent, making the Australian cohort the least optimistic. According to Gavan Ord, business and investment policy lead at CPA Australia, the disparity comes down to two main factors. First, Australian businesses are technology laggards, both in...

    • Type: Article
    • Author: Nick Wilson
    • Category: Business
  8. Australian partner appointed as mid-tier’s Asia-Pacific chair

    partner at HLB Mann Judd Perth who will be retiring after 22 years at the helm. The appointment of Mr Henderson will see him lead HLB Asia Pacific over the next three years, and be primarily responsible for implementing HLB’s strategy and growth...

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

    raised $306.86 billion in 2016, up from $128.27 billion in 2015. Balance sheet business lending retained its position as the leading form of alternative finance by volume in Australia, jumping 80 per cent to $274.16 million in 2016. Meanwhile...

  10. Australia’s a nation of bosses: Xero

    One in six Australian workers now own their own business, with regional and female founders leading the entrepreneurial charge, a new study has found. Xero’s latest report has found that there were 2.2 million business owners in Australia in late 2019,...

  11. Australia's place in G20 at risk, warns PwC

    PwC’s Asia desk lead partner has warned that Australia will lose its place as a G20 economy if we continue to ignore the increasing economic success of Asian nations. Andrew Parker's comments follow the release of the PwC report World in 2050 which...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  12. Australia's 'social compact' at risk: KPMG

    higher marginal tax rates - and extremely inefficient indirect taxes,” he said “Letting the current mix just drift on will lead to economic decline, an increased drag on business, and may drive down participation rates in the economy. It ultimately has...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  13. Australia to adopt the CRS in 2017

    chaos, with incorrect information being disseminated. Alternatively, early adoption without appropriate systems would lead to information collected and exchanged, but left sitting in the proverbial waiting room without the ability to link it to taxpayer...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  14. Australia ranks second for housing market risk: IMF

    which house prices rose more during the pandemic. “In most cases, it is unlikely that an ongoing fall in house prices will lead to a financial crisis, but a sharp drop in house prices could adversely affect the economic outlook,” the IMF warned, stating...

  15. Australia faces ‘deep per capita recession’: Deloitte

    the previous the decade, and 2.6 per cent in the decade before the pandemic.” Deloitte Access Economics partner and report lead author Stephen Smith said the outlook was much worse after removing the effect of population growth. “A deep per capita...

  16. Australia cautioned on complacency

    the money wants to come flooding back the other way and people want to get out, there’s no road there,” he said. “This will lead to volatility in the illiquid asset class.” The Institute of Chartered Accountants' head of leadership and advocacy, Rob...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  17. Australia a 'soft target' for cyber-security, says Deloitte

    In a report titled Future of Financial Services, the result of an 18-month partnership between global financial services leaders, innovators and regulators, it was revealed that Australia is in the midst of a critical phase of evolution that must be...

  18. Aussie businesses ‘held back’ by not embracing technology, cautions CPA

    financial year, compared to 34 per cent that didn’t use AI,” it said. CPA Australia’s business investment and international lead Gavan Ord said the research highlighted the importance of new technology in business success. “Companies that embrace a...

  19. Aussie arm of NZ-based accounting firm closes

    The Australian operations of an accounting and advisory firm, which was originally led in part by one of Xero’s co-founders, has today confirmed its closure. Chief executive of RightWay, Greg Sheehan, confirmed to Accountants Daily that the firm will...

  20. Auditors set for name and shame for poor audit quality

    RCAs where it appears there may be a breach of the law; accurately record all disciplinary processes, including those that lead to no substantive action; and formalise processes for advising each other and the FRC of their disciplinary proceedings,...