Indepth Accounting

Cash is Making a Comeback – Is Your Business Ready to Take It?

Cash is Making a Comeback – Is Your Business Ready to Take It? For years, businesses have been moving away from cash – and for good reason. Digital payments are quick, traceable, and cut down on the risk of theft or counting errors. But that tap-and-go world might soon have to make room again for […]

Proposed Extension of the Instant Asset Write-Off and Other Tax Measures

A white receipt sits against a black desk. More receipts and a pen also lay on the desk.

Proposed Extension of the Instant Asset Write-Off and Other Tax Measures A new Bill before Parliament – the Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 – proposes several key changes that could affect small businesses, listed companies, and the not-for-profit sector. The headline measure is the proposed extension of the $20,000 […]

Cybersecurity In Accounting: Safeguarding Financial Data in a Digital Age

Cybersecurity In Accounting: Safeguarding Financial Data in a Digital Age Cybersecurity is fast becoming a critical business strategy – and if it’s not, it should be. Many businesses hold critical data that poses significant risk to both businesses and their customers if the data they hold is not safeguarded from cybersecurity threats.   The largest […]

Government Review of Supermarket Unit Pricing: What It Could Mean for Your Business

Government Review of Supermarket Unit Pricing: What It Could Mean for Your Business The Federal Government recently wrapped up a consultation process on supermarket unit pricing. While the topic might sound like a purely consumer issue, it could have very real commercial impacts for businesses supplying into the grocery sector.   On 1 September 2025, […]

ATO Interest Charges Are No Longer Deductible – What You Can Do

ATO Interest Charges Are No Longer Deductible – What You Can Do Leaving debts outstanding with the ATO is now more expensive for many taxpayers.   General interest charge (GIC) and shortfall interest charge (SIC) imposed by the ATO is no longer tax-deductible from 1 July 2025. This applies regardless of whether the underlying tax […]

RBA cuts rates to 3.60%: what this means for you

RBA cuts rates to 3.60%: what this means for you In a widely anticipated move on 12 August 2025, the Reserve Bank of Australia (RBA) delivered a 25 basis point rate cut, lowering the cash rate from 3.85% to 3.60%, the third reduction this year. This rate is now at its lowest level since March […]

Creating a more dynamic and resilient economy

Creating a more dynamic and resilient economy The Productivity Commission (PC) has been tasked by the Australian Government to conduct an inquiry into creating a more dynamic and resilient economy. The PC was asked to identify priority reforms and develop actionable recommendations.   The PC has now released its interim report which presents some draft […]