Business
Illegal phoenix activity sees Victorian director disqualified
A Victorian director accused of engaging in illegal phoenix activity has now been disqualified from managing corporations for four years.
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Ombudsman pushes for HECS-style loans for small businesses
The small business ombudsman has called for the government to introduce a revenue-contingent loan program to help cash-strapped businesses weather tight cash flows.
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‘No demand shortage’: Predictions for the profession in 2021
Accounting professionals are likely to remain in hot demand over the coming year as they continue to play a pivotal role in shaping the journey towards the nation’s eco...
TPB issues reminder over PI insurance
The Tax Practitioners Board is set to contact practitioners who have not updated their professional indemnity insurance details, following several law changes that kicked...
Liquidator sees registration suspended after AAT review
A registered liquidator has succeeded in reducing his banning order following a review by the Administrative Appeals Tribunal.
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Toyota returns $18m in JobKeeper payments
The Japanese car manufacturer has confirmed it has approached the ATO to return more than $18 million in JobKeeper payments after a spike in sales towards the end of last...
Payment times improve despite COVID-19 threat
Payment times improved across most industries in December, but new data suggests business failures will continue to trend upwards over the next 12 months.
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Businesses from ‘accountants to zoos’ demanding end to JobKeeper: Acting PM
The government is standing firm on its decision to wind down the JobKeeper program by March as it claims that businesses want wage subsidies tapered off.
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Retail turnover spikes as Australians spend big in November
National retail turnover in November 2020 rose by over 13 per cent compared with the year before as Australia’s domestic economic recovery continues.
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Tribunal reduces agent’s banning order
A deregistered tax agent has successfully reduced his banning order by half after pleading his case with the Administrative Appeals Tribunal.
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