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CreditorWatch Blog

Battle to recover super from phoenix operators intensifies

Battle to recover super from phoenix operators intensifies

The Australian Taxation Office is ramping up its response to rogue phoenix operators who exploit seasonal workers, and pocket their superannuation entitlements. The ATO has so far managed to recover around $8 million in worker’s superannuation entitlements from the operators of labour-hire companies in South Australia and Victoria who have engaged in phoenix behaviour. The […]

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Why would anyone opt for desktop accounting over cloud?

Why would anyone opt for desktop accounting over cloud?

The debate may seem won, but desktop accounting software is hanging around longer than many cloud-converts would have thought. So why would any business opt for the desktop option, when the advantages of cloud are shouted loud and clear from the likes of Xero, MYOB, Intuit and Reckon, and more? Brad Paterson, Intuit Vice President and Managing […]

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ASIC launches National Financial Literacy program

ASIC launches National Financial Literacy program

The Australian Securities and Investments Commission (ASIC) has launched a new program to boost the financial literacy of business owners and the broader Australian public. The National Financial Literacy Strategy aims to improve the overall financial decision-making abilities of individuals, families and communities through a combination of formal education programs, expanding the use of free […]

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