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Slow economic growth unlikely to trigger sudden moves by the RBA
The Reserve bank of Australia is unlikely to make any sudden rate movements following slow economic growth indicated by new GDP data.
ECONOMY • Wed, 04 Sep 2024
Finance teams crucial for not-for-profit success, data reveals
Having an efficient, productive and strong finance team is critical for the effective operation of a not-for-profit organisation, according to an HLB Mann Judd report.
PROFESSION • Wed, 04 Sep 2024
Renewable energy scheme has left SMEs fighting for compensation: NSWSBC
Small renewable energy businesses have been left “out of pocket” for completed work due to the Small-Scale Renewable Energy Scheme, according to the NSW small business ...
PROFESSION • Tue, 03 Sep 2024
ATO reveals common rental property errors from data-matching program
Recent results from the data-matching program identified issues around the reporting of rental income and claims for capital works and depreciating assets.
TAX • Tue, 03 Sep 2024
Majority of global MNEs on the ‘Pillar Two journey’, data reveals
Almost 90 per cent of organisations have now commenced their BEPS Pillar Two journey, according to a recent Wolters Kluwer global survey.
SME owners ‘fearful’ about not being paid, says ASBFEO
Australian small business owners are becoming increasingly concerned about missed payments from other businesses facing insolvency, data from the ombudsman reveals.
PROFESSION • Mon, 02 Sep 2024
‘Brazen’ ATO bribes land man behind bars
A man has been sentenced to three years and 14 days’ imprisonment for paying a bribe to a former ATO employer in exchange for personal and business tax debt crimes.
TAX • Mon, 02 Sep 2024
ATO practice statement lays down law on illegal early release perpetrators
Recent updates in the Practice Statement Law Administration (PS LA) 2021/1 show that the ATO means business when it comes to illegal early release schemes, says an ...
Prosperity snags former KPMG partner as senior consultant
The advisory firm has announced the appointment of a new senior consultant and strategic adviser to its Sydney branch, Tony Nimac.
