Finance
Who, when and where: The ATO will visit 1,800 small businesses before tax time in a black economy blitz
The tax office is planning a pre-end of financial year (EOFY) compliance blitz targeting small businesses in Victoria, Queensland and the No…
Phishing emails and human error: Almost 1,000 data breaches reported in 12 months
There were 964 data breaches reported to the federal regulator in the first year of mandatory reporting rules, and “malicious or criminal …
Everything you need to know about the ATO’s crypto tax crackdown
Smart individuals and businesses need to be alert to the ATO’s recently announced cryptocurrency-specific data-matching program, which boo…
How due diligence can weed out dodgy suppliers and scammers
Recently, SMEs in Western Australia were scammed out of more than $70,000 by a dodgy food truck supplier. Unfortunately, business plans and …
The ATO is targeting five common mistakes this EOFY — here’s how to avoid them
The tax office says it will be focused on addressing “common issues” with small-business tax returns this year and will be paying close atte…
Taxpayer-subsidised waste: The instant asset write-off isn’t all its cracked up to be
By Steven Hamilton, Crawford School of Public Policy, Australian National University
The third leg of the government’s budget (and elec…
Craft brewer Sample Brewing collapses into administration, urgently seeks buyer
Melbourne-based independent brewery Sample Brewing is in the market for a buyer after bringing in administrators earlier this week.
The b…
NAB axes fees for 65,000 small businesses in post royal commission streamlining
National Australia Bank (NAB) has prepared a peace offering for customers disillusioned by the banking royal commission, announcing plans to…
Labor’s family trust tax costed at $7.7 billion amid concern small business will be hardest hit
Labor has released long-awaited costings for its plan to introduce a 30% tax on family trust distributions to adults, revealing the policy w…
Gold helicopters and mink underpants: I’m rich, and you could be too
I’m rich.
Apologies for that boastful opening, but I’ve been rich for quite a while. It’s awesome fun, you should definitely try it…
