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Consumers at risk as businesses reuse obvious passwords

Consumers at risk as businesses reuse obvious passwords

by Shared by The Age | Oct 8, 2019 | News

Password manager Lastpass crunched data from more than 47,000 organisations worldwide and found the average Australian has 14 passwords that have been reused across multiple services. Read more at The Age. 
Confidence slips as business conditions continue to weaken

Confidence slips as business conditions continue to weaken

by Shared by MyBusiness | Oct 8, 2019 | News

The major bank’s monthly business survey for September, released today (8 October), saw business conditions edge up by 1 point while confidence edged lower. Read more at MyBusiness. 
STP audit activity to ramp up as ATO ditches ‘softly’ approach

STP audit activity to ramp up as ATO ditches ‘softly’ approach

by Shared by Accountants Daily | Oct 8, 2019 | News

With Single Touch Payroll (STP) now mandatory for businesses of all sizes, BDO partner Ben Renshaw believes it will only be a matter of time before ATO audits increase as the agency begins analysing STP data. Read more at the Accountants Daily. 
IPA backs government’s ‘off again, on again’ super amnesty extension

IPA backs government’s ‘off again, on again’ super amnesty extension

by Maja Garaca Djurdjevic | Oct 8, 2019 | News

The Institute of Public Accountants (IPA) has commended the government for reconfirming its commitment to ease the superannuation guarantee (SG) penalty regime by reintroducing a bill for a one-off amnesty for historical SG underpayments. “With increased transparency...
Online fraudster heads to jail after lodging 62 fraudulent tax returns

Online fraudster heads to jail after lodging 62 fraudulent tax returns

by Maja Garaca Djurdjevic | Oct 7, 2019 | News

A man charged with 106 offences has been sentenced to five years jail today at the Brisbane District Court after it was found that he lodged 62 fraudulent income tax returns, attempting to obtain over $500,000 in refunds. According to the Tax Office, between August...
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