PROFESSION • By Carlos Tse
Twenty-one Visy and Pratt companies have received infringement notices, each worth nearly $200,000, after the Australian Securities and Investments Commission found that they failed to lodge their FY2024–25 financial reports.
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Despite rating it as the new AML/CTF obligation they dread the most, a fifth of accounting and other businesses have not done their mandatory risk assessment, according to a survey.
PROFESSION • By Malavika Santhebennur
Read MoreCreditorWatch has warned that businesses could face a heightened level of insolvency risk as mounting cash flow pressures see a deterioration in payment behaviour.
PROFESSION • By Malavika Santhebennur
Read MoreA company supporting and promoting the welfare of Italians living in Australia has lost against the Commissioner of State Revenue in its bid to avoid stamp duty on the basis of its claimed charity status.
TAX • By Carlos Tse
Read MoreWhile noting that boosting GST has become a “political no-go zone”, the Grattan Institute has pushed to raise and expand it to include all food, even as cost-of-living pressures mount.
PROFESSION • By Malavika Santhebennur
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