The latest

As people age and retire they not only stop paying income tax but increasingly direct their spending to categories which do not attract GST.

Workers the losers as consumption taxes shrink

23 Jul 2018

The Parliamentary Budget Office report into Australia’s future tax base paints a picture of declining revenues and increasing demands on the public purse.

Suddenly sexual harassment – overlooked for so long – is now in the spotlight.

How employers should deal with a sexual harassment complaint

20 Jul 2018

Complaints of sexual harassment have increased in what is being called the “post-Weinstein age”. How do employers deal with a complaint or a #MeToo-type outing?

A random sample of 858 tax returns found an error rate of 72 per cent, with agent-prepared returns with an error rate of 78 per cent.

Work-related expense claims the main culprit as tax gap puts focus on tax agents

17 Jul 2018

A small number of tax agents will be subject to increased scrutiny by the Australian Taxation Office.

There are plenty of stories on the topic of a Royal Commission-driven credit crunch right now, and not all of them are based on fact.

Are consumers and small business facing a credit crunch?

12 Jul 2018

Could the Australian Banking Royal Commission lead to a credit crunch for small business and consumers?

More articles

ACCOUNTING

In the accounting world, it seems there’s a divergence of views on just how useful and accurate financial earnings and balance sheets really are in helping individuals to make informed investment decisions.

Are financial statements still useful?

01 Jul 2018

Do financial statements remain a valuable source of information for investors when making investment decisions? The answer to that question has generated some serious debate among US and Australian accounting experts.

Are the risks too great to accept payments in cryptocurrencies?

Should your business accept bitcoin payment?

01 Jul 2018

Despite the volatility of cryptocurrency – and the tax status of the so-called “altcoins” as a digital asset rather than currency – two of the Big Four accounting and audit frms already accept payment in bitcoin. Should you too accept payment in cryptocurrency, or are the risks too great?

Small-to-medium businesses (SMEs) don't need a lesson in the importance of cashflow

Protect your small business cash flow by getting debtors to pay up

01 Jul 2018

Good cash flow is the lifeblood of a business. However, large enterprises and even government departments can be guilty of missing payment deadlines. What’s the most effective way to get debtors to pay up?

The adoption of the IASB Revised Conceptual Framework could trigger a complete overhaul of the current tiered reporting system in Australia.

Special purpose financial reporting set to go under proposed AASB changes

27 Jun 2018

All registered companies and the not-for-profit sector could be required to prepare general purpose financial statements to comply with their statutory reporting obligations, under a proposal from the Australian Accounting Standards Board.


Work Smart

While workplace policies encourage anonymous whistleblowing, Australia’s Corporations Act protects only whistleblowers that are willing to identify themselves. Illustration: Adam Nickel.

Tell the truth and ruin your career: should whistleblowers be compensated?

01 Jul 2018

As many corporate whistleblowers have discovered, doing the right thing isn’t always rewarded. Instead, telling the truth can be followed by retribution and career ruin. How do we make it safe to speak up?

The Australian Bureau of Statistics estimates there are one million independent contractors currently working in Australia.

When is a contractor not a contractor?

01 Jul 2018

Mistaking an employee for a contractor can devastate any business, with fines of up to A$63,000 per breach.

Ironically, the frantic pursuit of a full life can leave us feeling stretched thin and unfulfilled.

Work-life “balance” is a myth. That doesn’t mean you’re doomed.

20 Jun 2018

If you’re striving for work-life balance, you’ll never get it, argues Stewart Friedman, a noted author and adviser to global leaders who inspires “rock star adoration” among his students at Wharton.

Developing a better BQ is useful in helping people forge a closer, more responsive relationship with their bodies.

10 ways body intelligence can improve your work performance

18 Jun 2018

With benefits to health and workplace performance, body intelligence – or BQ – is an intelligence worth developing.


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July 2018
July 2018

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CONTENTS