Facebook, Google tipped to fill business advisory roles

With accounting firms turning to business advisory and financial planning services, SmartFee managing director Adrian Jenkinson believes it will only be a matter of time before the big internet players take over with their wealth of resources.“If you’re an adviser to...

IPA cautions against narrow view on housing policy

IPA’s chief executive officer Andrew Conway has urged the government to look outside the housing affordability crisis facing Sydney and Melbourne, and instead consider a holistic approach for the sake of Australia’s economy.“This must include consideration of land...

Demand for commercial mortgages surge

The Quarterly Business Credit Demand Index by Equifax shows an increase of 3.4 per cent in business loan applications and a 1.8 per cent increase in asset finance application, despite the overall growth rate tempered by a fall of 0.8 per cent in trade credit...

Threat of malware and ransomware looms, warns ATO

A variety of ways have been employed to trick accountants and business owners into opening links or downloading attachments that allow cyber criminals to access files or prevent targets from accessing their own files until a ransom has been paid.In seeking to negate...

ATO probe results in double sentencing

Former Ryde mayor Artin Etmekdjian was sentenced to seven months’ imprisonment for dishonestly attempting to influence a Commonwealth official, the corporate regulator said in a statement. The 55-year-old was sentenced in the Sydney Downing Centre Local Court, after...