Staff Reporter

AI experts urge accountants to leverage ChatGPT to improve efficiency

Bot and AI systems should be exploited by practices to improve efficiency, say experts.

TECHNOLOGY • Tue, 07 Feb 2023

RBA rate hike continues to put pressure on struggling businesses

The Reserve Bank of Australia (RBA) raised interest rates for the ninth consecutive time yesterday, pushing the cash rate up by 0.25 percentage points to 3.35 percent.

ECONOMY • Wed, 08 Feb 2023

Recession fears drive employees to seek promotions within current employers

With the rise of economic uncertainty, employees are seeking promotions within their current companies instead of seeking new opportunities elsewhere, according to a ...

PROFESSION • Tue, 07 Feb 2023

KPMG boosts SAP capabilities with acquisition of Think180

KPMG Australia expands its SAP offerings by acquiring Adelaide-based SAP firm, Think180.

TECHNOLOGY • Tue, 07 Feb 2023

ATO issues warning to taxpayers over overseas money transfers

The Australian Taxation Office (ATO) has raised concerns over the increasing scrutiny of overseas money transfers into the country, calling for taxpayers to seek proper ...

TAX • Tue, 07 Feb 2023

Where the Guardian appeal was won and lost

The court’s decision highlighted the differences between s100A and Part IVA.

TAX • Thu, 02 Feb 2023

Why concerns linger over s100A final ruling

The ATO improves its guiding documents on trust distributions, but too much remains uncertain.

TAX • Thu, 02 Feb 2023

How Guardian case shines a light on reimbursement agreements

In a seminal decision about how s100A applies to trust distributions, the Federal Court rejected the ATO’s position.

TAX • Thu, 02 Feb 2023

Why you need an A-Z of super contributions for the new year

As clients make fresh resolutions to save more for retirement, make sure you understand the rules regarding contributions.

PROFESSION • Wed, 01 Feb 2023