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DFAT report: global trade boost business income and employment

DFAT report: global trade boost business income and employment

by Public Accountant | Dec 5, 2024 | Features

At a glance Australia’s economy relies heavily on international trade, which accounts for 31% of GDP and supports one in four jobs, particularly in mining, agriculture, and education exports.   Diversifying trade partnerships and leveraging renewable energy...
IPA National Congress 2024: AUSTRAC outlines how the new AML rules impact accountants

IPA National Congress 2024: AUSTRAC outlines how the new AML rules impact accountants

by Annie Lawson | Dec 4, 2024 | Features

At a glance Australia has passed landmark anti-money laundering legislation that will require professional services to combat financial crime.  The new regulations, effective in mid-2026, aim to create proportionate compliance measures for different professional...
IPA National Congress 2024: Preparing accountants for a fast-changing world

IPA National Congress 2024: Preparing accountants for a fast-changing world

by Phoebe Armstrong | Dec 3, 2024 | Features

With the finance sector feeling the pinch from mass skills shortages and digitisation, how can the accounting profession evolve to remain as attractive and relevant as possible? This question was put under the microscope at this year’s IPA National Congress during a...
Professional services to weather perfect storm of disruption

Professional services to weather perfect storm of disruption

by Annie Lawson | Dec 2, 2024 | Features

Beyond the billable hour At a glance Matthew Burgess, a legal expert, argues that professional services firms must fundamentally redesign their business models in response to AI and digital disruption. He advised moving away from traditional time-based billing and...
IPA National Congress 2024: Member Awards winners announced

IPA National Congress 2024: Member Awards winners announced

by Jasmine Crittenden | Nov 29, 2024 | Features

At a glance The IPA Member Awards are held every year at the National Congress.  Member of the Year Ama Abeywickrama was born and raised in Sri Lanka, before moving to Adelaide, where she founded her own firm in 2013.   Practice of the Year, The Tax...
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