Accounting news, analysis and opinion for practitioners and forward-looking business leaders.
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The noisy political war over the Labor’s new super tax laws is raging again, but a quieter battle is being fought for ways to beat them.
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Currently, any taxable entity can deduct SIC and GIC charges from their income. However, a federal government working group is planning to change that....
Social media is helping the Australian Taxation Office catch tax cheats through community whistleblowers and the agency isn't discouraging it....
The Australian government's plan for Artificial Intelligence regulation would make guardrails mandatory for applications considered to be “high-risk”....
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The new offering, branded Buddy Telco, will be connected to all 121 NBN points-of-interconnect but provided on a self-service basis with fewer support options.
A former tax agent and his client are facing substantial jail sentences after a court found that the pair engaged in refund fraud and tax avoidance.
Australia’s finance and accounting sectors are struggling to find a day-to-day use for Artificial Intelligence.
Younger Australians are the demographic most likely to fall for ATO scams, defying a trend that usually sees online fraud impact elderly people most of all.
Australian business and tax software providers are taking a growing interest in using AI, according to the Australian Taxation Office.
ATO data-matching will expand to include “lifestyle asset” insurers and property management software providers, according to the agency.
Xero has moved to boost its SME accounting software’s reporting and analytics features, with plans to acquire Sift Analytics in a deal valued at $US70m.
Nearly half of all Australian small businesses have faced the prospect of shutting down in the past year, according to an ACCI survey.
Australian small businesses will have access to federal funding to access IDCARE cyber resilience services by the end of the year.
Employers will have to lodge super contributions into funds sooner under payday super reform changes from July 1, 2026, or face extra charges and penalties.
The 3G shutdown will impact a range of mobile network devices used in critical services in rural Australia, including medicine and emergency communications.