Cashflow

Standard Business Reporting (SBR) is open for business today, offering an easy electronic way lodge forms and reports to participating government agencies.

Westpac Group, including St George, BT Wrap and Westpac Bank will pay employees superannuation when taking unpaid parental leave beginning July 1st.

Almost half of all Australians are planning on paying off their personal debt with their 2010 tax return, a survey undertaken by Officeworks has shown.

Paycycle has announced a raft of new features to its payroll service to kick off the new financial year for small businesses using its payroll services.

With the end of the financial year upon us, it’s a good opportunity to celebrate! Granted, it’s not a traditional time of celebration, but it can be a great time to recognise what you have achieved and give yourself and your team a pat on the back.

As the 30 June 2010 year end approaches, the Institute of Chartered Accountants in Australia (the Institute) has released practical guidance to address the key issues impacting preparers of financial reports, auditors and audit committees with their year end professional responsibilities.

Caltex has forecast profits to plummet by 50 percent in the first half 2010 as a result of continued volatility in Australia’s exchange rates.

The June quarter 2010 ACCI-Westpac Survey of Industrial Trends showed a marked softening of manufacturers’ General Business Sentiment for the second half of 2010.

The ACCC has granted interim authorisation Suncorp Metway and the Bendigo Bank to not charge each other’s cardholders a fee for transactions at ATMs they own.

Prospects for small businesses appear to be looking up post-GFC in Australia, yet the attitudes held by business owners towards banks has not recovered.

The end of the financial year can feel like a blur of papers, numbers and money, but it’s worth taking the time to reflect on your end of financial year results and put together a business plan for the new year.

The Federal Government’s Paid Parental Leave bill that passed the Senate yesterday has received mostly bipartisan support, as well as its fair share of criticism.

As well as sorting out your books and taxes, your accountant can also provide help in the long-term planning of your business – and the start of a new financial year is the best time to think about this.

The Financial Services Institute of Australasia (Finsia) has launched a new Financial Services Professional credential (FSP), a world first that will increase the standard of financial professionals.

Australian small business owners feel overwhelmed by financial reporting obligations, according to a new study by American Express out today.

The Reserve Bank of Australia (RBA) has indicated that it will likely keep interest rates on hold until August in the minutes from the June RBA board meeting.

National Australia Bank has launched a dedicated iPhone Internet Banking app, bringing all the features of the NAB iPad Intenet Banking app to the iPhone.

The Reserve Bank of New Zealand today increased the Official Cash Rate by 25 basis points to 2.75 percent, the first increase in interest rates for New Zealand since 26 July 2007.

Business, particularly SME’s, should be disappointed by a small adjustment to payroll tax and not enough focus on business growth and attraction in the NSW Budget.

The Federal Government & the Australian Taxation Office (ATO) continued to alienate themselves from the business sector last week with the Tax Office releasing its final ruling on discretionary trusts distributing surplus income to corporate beneficiaries.