News
‘No successful claims for dead or fictitious employees’: ATO denies JobKeeper fraud
The Tax Office has denied processing JobKeeper payments to dead or fictitious workers after new internal documents revealed that investigations on close to 6,000 such cas...
Online dating for graduate hires: How a recruitment firm is changing the game
Accounting firms looking for their next graduate talent can now swipe their way to a new hire as a recruitment firm launches a new approach akin to an online dating servi...
State of SMSF advice model needs ‘urgent wholesale review’
Two major accounting bodies have called for further discussion on the comprehensive review around defining the type of advice accountants can give regarding superannuatio...
ASIC chair to step down despite being cleared of wrongdoing
ASIC chair James Shipton will step down from his role once a successor has been found, Treasurer Josh Frydenberg has confirmed.
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5 ways SMEs can prepare for a post-COVID world
With a vaccine on the horizon, a post-COVID “new normal” may just become a reality during 2021. This means Australian SMEs need to consider how they will adapt and do...
The state of play in the accounting M&A market
It’s been a turbulent year for the accounting profession and it has been no different in the accounting M&A space. But the phones are back ringing and deals are bei...
Labor demands JobKeeper inquiry as corporates hand back wage subsidies
Labor is demanding an inquiry into the JobKeeper program as it looks to heap pressure on corporates who have turned over large profits and paid executive bonuses while re...
Mandate e-invoicing, says MYOB
MYOB has urged the government to push ahead with its plans to make e-invoicing mandatory, after finding that small businesses who understood it were largely for it.
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ASIC sounds warning around high-yield bond scams
The corporate regulator has warned of a rise in scammers targeting Australian investors by pretending to be associated with well-known domestic and international financia...
New QuickBooks function looks to tackle ‘BAS surprise’
Intuit QuickBooks has launched an interactive cash flow planning tool, aimed at ensuring small businesses avoid the “BAS surprise”.
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