by Keeli Cambourne | Jan 19, 2023 | News
The Australian Bureau of Statistics data showed that the number of unemployed people increased by 6,000 at the end of 2022 while the participation rate fell 0.2 percentage points to 66.6 per cent. Lauren Ford, head of labour statistics at the ABS, said despite the...
by Shared from Yahoo Finance | Jan 19, 2023 | News
According to Australian Taxation Office (ATO) second commissioner Jeremy Hirschhorn, nine in 10 sampled tax returns reporting net rental income required adjustment last year. “Currently, rental income and deductions contributed over $1 billion to the net tax gap. In...
by Renae Smith, MYOB | Jan 18, 2023 | Blog
A new report from the Ai Group recently revealed 90 percent of CEOs surveyed expect to be impacted by staff shortages in 2023. Meanwhile, a survey of over 1000 small and medium business decision makers by MYOB found over half expect Australia’s economy to be in...
by Keeli Cambourne | Jan 18, 2023 | News
Climate change is one of the top three issues facing Australian executives, following the economic outlook and the search for talent, with 68 per cent of executives reporting that they have increased their investment in sustainability over the last year. The report...
by Phil King, Accountants Daily | Jan 18, 2023 | News
Representatives from CA ANZ, CPA Australia, IPA and the Tax Practitioners Stewardship Group are furious that the ATO finalised the six-step linking regime without consulting them in early December. At the same time, tax agents on social media have damned the process...