Super on payday: Government to begin consultation with industry groups
It's estimated workers were owed $3.4 billion worth of super in the 2019/20 financial year, according to the tax office.
Whole Kids owner Nourish Foods acquired out of administration by Tempo Group
Whole Kids, and its sister brands Offbeat and Just Add, have been acquired by the family-owned Tempo Group.
ATO reveals 174 criminal convictions amid ongoing GST fraud crackdown
The Australian Taxation Office secured 174 criminal convictions for tax-related fraud in the last financial year, while the stunning trend of GST fraud popularised on social media suggests even more prosecutions are on the way.
Why the RBA’s next interest rate decision depends on petrol prices
If the Reserve Bank does push up interest rates again, the most likely next date is its next board meeting, on Melbourne Cup Tuesday.
“Financial and emotional devastation”: Farmers speak up about bank repossession tactics
Dozens of devastated farmers have laid bare their anguish after their properties were repossessed through alleged misconduct.
Aussie brand Infamous Swim eyes global expansion with equity crowdfunding campaign
Infamous Swim has generated $16.5 million in revenue in the past 12 months and is projected to reach $18 million in revenue by 2024.
Government targets ‘dodgy’ training providers in $37.8 million crackdown
A new tip-off line will be set up for people to dob in "dodgy" training providers exploiting international students studying in Australia.
A majority of NFTs now estimated to be worthless
The two most traded sets of NFTs are the Bored Apes collection created in April 2021 and the CryptoPunks collection launched in June 2017.
Doing a ‘DIY’ tax return? ATO says get it ready before October 31 deadline
The deadline for self-lodged tax returns is fast approaching, with taxpayers required to turn over their details by October 31.
Sluggish retail growth as consumer spending hits historic low
A 0.2% lift in retail sales was recorded by the ABS in August following a stronger 0.5% uptick in July and a 0.8% fall in June.
Tim Loh, the ATO’s LinkedIn and TV star, steps out of spokesperson role as tax time winds down
The public face of the Australian Taxation Office is stepping out of the media spotlight for another year, after emphasising the human element of revenue collection duties and carving out his own niche as a business community influencer.
PwC’s “overly collegial culture” allowed it to overlook unethical behaviour
A review into PwC by former Telstra boss Ziggy Switkowski found multiple shortcomings in the company arising from poor practices that went unreported for years.