Business

Treasury boss hails ‘rapid’ ATO stimulus delivery

Treasury Secretary Steve Kennedy has defended the rollout of stimulus payments to businesses and individuals, while...

28 April 2020

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Business

ASBFEO calls for payments law as big businesses use COVID-19 as excuse

The ASBFEO is asking for 30-day payment times to be legislated immediately, following reports that big businesses are...

21 April 2020 • By Maja Garaca Djurdjevic

Business

‘We are not immune’: Deloitte mandates 20% pay cut

Deloitte partners and staff will now face a minimum 20 per cent reduction in pay as the firm responds to the COVID-19...

16 April 2020

Business

Business confidence at its ‘weakest level’

Business confidence has hit an all-time low and most businesses expect the economic impacts of the coronavirus to...

15 April 2020

Business

SA businesses set for $10k cash grant

South Australian small businesses will soon be offered up to $10,000 to help cover ongoing expenses as the state...

14 April 2020

Business

Tax-dodging director barred from managing companies

A failure to pay taxes and allowing a company to trade while insolvent have resulted in a sole director being...

09 April 2020

Business

SMEs to receive rent waivers, deferrals

Small and medium businesses will now be granted rental waivers and deferrals under a mandatory Code of Conduct...

08 April 2020

Business

RBA reveals April cash rate call

The Reserve Bank of Australia (RBA) has announced its decision on the official cash rate for April following a rare...

07 April 2020 • By Cameron Micallef

Business

PwC slashes pay, hours by up to 40%

PwC partners and staff are set to see a reduction in working hours and pay as the firm remains committed to putting...

06 April 2020

Business

NSW businesses set for $10k grant

New South Wales small businesses will soon be able to receive up to $10,000 to visit their accountant and pay for...

06 April 2020

Business

COVID-19 business confidence survey launches

A new monthly business confidence survey has launched today, seeking to uncover the impacts of COVID-19 on Australian...

02 April 2020

Business

‘We too have to make tough calls’: KPMG lays off 200 staff, mandates pay cuts

KPMG will part with 200 staff and ask employees to take up to a 20 per cent pay cut as the firm looks to deal with the...

02 April 2020

Business

Treasury hands commissioner discretion to determine JobKeeper eligibility

The Commissioner of Taxation will now be given discretion to establish eligibility for the new JobKeeper payment as...

02 April 2020

Business

Government to release third round of measures to ‘hibernate’ businesses

A new wage subsidy is set to be unveiled today as the government looks to “hibernate” businesses over the next six...

30 March 2020 • By Jotham Lian

Business

Ethics to be ‘well and truly tested’ amid COVID-19 pandemic, says Deloitte

Deloitte has warned of a potential spike in bribery cases for businesses across Australia and New Zealand, saying the...

27 March 2020

Business

Banks to defer small-business loan repayments for 6 months

Small businesses will be allowed to defer loan repayments for six months under new emergency measures announced by the...

20 March 2020 • By Jotham Lian

Business

RBA, government splash $105bn in SME funding

Australian banks will now have access to $105 billion to lend out to small and medium businesses as the government and...

20 March 2020 • By Jotham Lian

Regulation

AAT reduces accountant’s financial services ban

The Administrative Appeals Tribunal has reduced the banning sentence of a Perth accountant after finding that he was...

19 March 2020