Australia's Productivity Commission aims to double philanthropic giving by 2030. Is this a realistic ambition?
Tune in now for CPA Australia expert analysis of the Commission’s review into philanthropy and find out what you need to know.
Host: Dr Jane Rennie, General Manager Media and Content, CPA Australia
Guest: Ram Subramanian, Senior Manager Reporting and Audit Policy, CPA Australia
If you’d like to read more about this topic, CPA Australia’s submission to the Productivity Commission is online.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
The Treasurer’s Federal Budget 2023 has been delivered with CPA Australia's tax and business experts dissecting the announcement.
Stay informed with this in-depth budget breakdown. Listen now.
Host: Dr Jane Rennie, General Manager Media and Content, CPA Australia
Guests: Elinor Kasapidis, Senior Manager Taxation Policy CPA Australia and Gavan Ord, Senior Manager Business Policy, CPA Australia
For additional coverage, head online for CPA Australia’s 2023-24 Federal Budget coverage.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
There’s a crisis in Australia.
Construction companies are going into liquidation at a record rate, leaving home buyers, tradespeople, employees and the industry in shock.
CPA Australia’s insolvency expert shares advice and need-to-know insights.
Listen now.
Host: Jennifer Duke, External Affairs Lead, CPA Australia
Guest: Kristen Beadle, Manager Public Practice and SME, CPA Australia
And for more, CPA Australia has a guidance page on indicators of financial distress for SMEs.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Australia’s superannuation system is a global leader.
Worth around AUD $3.4 trillion, the nation should be proud of the world’s fifth-largest super system, one that covers around 16 million Australians as they work towards retirement.
So, why is the Australian Government seeking to legislate an “objective” for super? A public consultation on the objective recently closed, and CPA Australia has made a submission.
CPA Australia thinks that superannuation is only one component of a broader retirement savings system and, therefore, should not be considered in isolation.
Furthermore, there should be a clear long-term vision articulated for Australia’s retirement savings system.
We speak with the author of CPA Australia’s submission to learn more.
Listen now.
Host: Dr Jane Rennie, General Manager Media and Content, CPA Australia
Guest: Michael Davison, Senior Manager Advocacy and Retirement Policy, CPA Australia
For information on today’s topic, you can read CPA Australia’s submission on legislating an objective for the superannuation system.
And for more, CPA Australia has a summary page with policy perspectives to government policy, legislative or administrative announcements.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Did you know the Reserve Bank of Australia (RBA) was last reviewed in 1981? That was the Campbell inquiry reporting to the then Fraser Government.
Much has changed since then.
Little wonder there’s great interest in this current review to be delivered to the Federal Government imminently, and which was triggered by the reporting of senior Sydney Morning Herald and The Age correspondent Shane Wright.
The respected correspondent joins Jennifer Duke, CPA Australia’s Walkley Award-winning former economics correspondent for the Sydney Morning Herald and The Age.
They discuss the potential impact of this review. In particularly, the origins of the RBA and the broader implications for the Central Bank of this review.
And with the RBA firmly in the spotlight for its aggressive cash rate rises since May 2022, there will be much focus on this review when it’s delivered to the Treasurer Jim Chalmers.
“The reserve bank has this fantastic graph,” Wright says in this episode, “showing its forecast for wages growth from about 2012 marked against reality. And never the twain shall meet.
“This is the Mary Celeste of forecasting.”
Listen now.
Host: Jennifer Duke, External Affairs Lead at CPA Australia
Guest: Shane Wright, Senior Economics correspondent with the Sydney Morning Herald and The Age
You can read Shane’s reporting on the origins of the Reserve Bank and the case for a review.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Audio of RBA Governor Philip Lowe: Source: Reserve Bank of Australia 2021
A new Asia-Pacific Small Business survey by CPA Australia was released this week.
And the survey has some surprise findings, despite the economic turbulence and COVID-19-related issues.
However, we’ve flagged issues with the government that we believe could harm our future growth.
Want key learnings from CPA Australia’s 14th annual Asia-Pacific small business survey?
We received responses from 4280 small businesses in:
In this episode, we chat with one of the report’s authors to deep dive into the findings.
Listen now.
Host: Dr. Jane Rennie, General Manager Media and Content, CPA Australia
Guest: Gavan Ord, Senior Manager Business Policy, CPA Australia
And after you’ve listened to the podcast, have a read of the CPA Australia’s Small Business Survey and vote in our LinkedIn poll.
There is also a media release on this podcast topic.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Retirement and financial wellbeing depends on ensuring all Australians can access appropriate, high-quality financial advice. Right? However, aspects of this sector haven’t worked as well as they could. Instead, consumers and advisers are grappling with high costs, a lack of trust and excessive documentation.
For these reasons, there has been a review (Michelle Levy’s Quality of Advice Review, otherwise known as the QAR).
The aim of the review is to improve the accessibility and affordability of quality financial advice. The recommendations were made public in February 2023.
To dive into the QAR are two CPA Australia experts who made submissions and worked closely with government and industry to help find some practical solutions.
Want to learn more? Listen right now.
Host: Jennifer Duke, External Affairs Lead at CPA Australia
Guests: Keddie Waller, Head of Public Practice and SME at CPA Australia, and Michael Davison, Senior Manager, Advocacy and Retirement Policy at CPA Australia
You can also have a look at CPA Australia’s Quality of Advice Review – Proposals for Reform.
For further information, CPA Australia has produced a Value of Advice research report which has some excellent insights.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
In this special episode, we explain what this statement actually means. And why a professional accounting organisation like ours is actively supporting reconciliation.
And we ask the tough questions, such as, is this an appropriate thing for businesses to be doing? And is there a risk that some will engage in so-called ‘social washing?
Providing perspective and insights on this important issue are two experts from CPA Australia.
Simone Spaulding, CPA Australia Senior Manager, Culture, Capability and Wellbeing, and Patrick Viljoen, CPA Australia Senior Manager Environmental, Social and Governance Policy.
Listen now.
Host: Dr Jane Rennie, General Manager Media and Content at CPA Australia
Guests:
Simone Spaulding, CPA Australia Senior Manager, Culture, Capability and Wellbeing
Patrick Viljoen, Senior Manager Environmental, Social and Governance Policy at CPA Australia.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them on your podcast platform.
Email the podcast team at podcasts@cpaaustralia.com.au
You can also read CPA Australia’s response to the Uluru Statement from the Heart and Innovate Reconciliation Action Plan 2022-2024 on our website
Superannuation for many Australians is at risk of a 45 per cent penalty tax due to ATO rules around applying your own professional or trade skills to your personal life.
And who is at most risk of this super rule? Accountants, solicitors, real estate agents and tradies.
The current rules prohibit transactions with related parties at “mate’s rates” or no rate at all. Even mistakenly using a work laptop to complete a personal task could trigger a breach.
To examine this rule and offer CPA Australia’s view is Richard Webb, Policy Adviser for Superannuation and Financial Planning at CPA Australia.
Listen now.
Host: Jennifer Duke, External Affairs Lead at CPA Australia
Guest: Richard Webb, Policy Adviser for Superannuation and Financial Planning at CPA Australia CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast app.
Email the podcast team at podcasts@cpaaustralia.com.au
And you can read CPA Australia’s joint submission to Treasury on the non-arm’s length expense rules for superannuation funds.
For further reading, there is a media release by CPA Australia on this topic.
Today’s episode features special guest, ATO Assistant Commissioner Tim Loh.
He’ll be discussing the changes made by the ATO to working from home (WFH) deductions and what these revisions mean for you.
Listen now.
Host: Elinor Kasapidis, Senior Manager, Tax Policy, Policy & Advocacy at CPA Australia
Guest: Tim Loh, Australian Taxation Office (ATO) Assistant Commissioner
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast app.
You can email the podcast team at podcasts@cpaaustralia.com.au
For further information on today’s podcast, the ATO’s media release outlines changes to working from home deductions.
Additionally, there is a practical compliance guideline from the ATO for additional running expenses while working from home.
And the ATO has a downloadable PDF poster which summarises working from home deductions.
You can also read about working from home expenses on the ATO’s website.
Also, the ATO’s Facebook, Twitter and LinkedIn accounts have content related to today’s episode.
Today’s episode examines new reporting requirements for electronic distribution platforms.
This is relevant to many Australians as an estimated 250,000 work in the online economy, otherwise known as the gig, sharing or barter economy.
And some of these changes from the Australian Tax Office (ATO) will start on 1 July 2023.
Explaining what you need to know is guest expert Elinor Kasapidis, senior manager of tax policy at CPA Australia.
Listen now.
Host: Dr. Jane Rennie, General Manager Media and Content, Marketing and Communications at CPA Australia
Guest: Elinor Kasapidis, Senior Manager of Tax Policy at CPA Australia.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast app.
Email the podcast team at podcasts@cpaaustralia.com.au
For more insights, CPA Australia has made a submission to the ATO on electronic distribution platform reporting.
And the ATO has useful information on the sharing economy reporting regime
Today’s episode looks at budget submissions made to the Federal Government.
Each year, hundreds of organisations make submissions to the Treasury. This includes CPA Australia, which has 44 recommendations.
Discussing the business issues underlying these requests is guest expert Gavan Ord, Senior Manager of Business Policy at CPA Australia.
Listen now.
Host: Dr. Jane Rennie, General Manager Media and Content, Marketing and Communications at CPA Australia
Guest: Gavan Ord, Senior Manager of Business Policy at CPA Australia
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast app.
Email the podcast team at podcasts@cpaaustralia.com.au
And you can read CPA Australia’s 2023 budget submission to Treasury.
Today’s episode looks at Australia’s rollercoaster property market.
What do the fluctuations mean for property owners, buyers (including first-time buyers), investors and renters?
Discussing this is guest expert Warren Hogan.
He is the chief economic adviser at Judo Bank and has recently commenced doing residential property research as an economic adviser to Halo Technologies.
Warren is also a former chief economist of the ANZ Banking Group and a principal adviser to the Federal Treasury.
Listen now.
Host: Dr. Jane Rennie, General Manager Media and Content, Marketing and Communications at CPA Australia
Guest: Warren Hogan, a chief economic adviser at Judo Bank who has recently commenced doing residential property research as an economic adviser to Halo Technologies. He is also a former chief economist of the ANZ Banking Group and a principal adviser to the Federal Treasury.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast service.
You can email the podcast team at podcasts@cpaaustralia.com.au
Today’s episode looks at the Federal Government’s commitments on environmental policy, and what they mean for business in Australia.
This includes climate-related disclosures, new emissions limits, net zero, greenwashing, costs to businesses, just transition and more.
Discussing this is our guest expert Patrick Viljoen, Senior Manager of Environmental, Social and Governance Policy at CPA Australia.
Listen now.
Host: Dr. Jane Rennie, General Manager Media and Content, Marketing and Communications at CPA Australia
Guest: Patrick Viljoen, Senior Manager of Environmental, Social and Governance Policy at CPA Australia
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting. They are:
Search for them in your podcast service.
You can email the podcast team at podcasts@cpaaustralia.com.au
And if you have a question about any of the topics we’ve discussed in this podcast, or any of CPA Australia’s policy and advocacy work, email policy.advocacy@cpaaustralia.com.au.
In this first episode of 2023, we forecast what’s in store for business this year.
Specifically, we focus on key areas such as economic growth, the labour force, inflation, and interest rates.
To discuss this is our guest expert Gavan Ord, Senior Manager of Business Policy at CPA Australia.
Listen now.
Host: Dr Jane Rennie, General Manager Media and Content
Guest: Gavan Ord, Senior Manager of Business Policy at CPA Australia
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast service.
And you can email the podcast team at podcasts@cpaaustralia.com.au
In 2023, the CPA Australia Podcast is changing its name to With Interest.
With Interest brings you unrivalled commentary and thought leadership for businesses, accounting and finance professionals.
Each week, we share expert industry opinions, insights and resources across accounting, public practice, taxation, auditing, finance, strategy, leadership, economic and business-related issues.
Subscribe today to stay up-to-date with the latest episodes.
With Interest is presented by CPA Australia, one of the world’s largest accounting bodies, with core services that include education, training, technical support and advocacy.
In 2018, CPA Australia won an Award of Excellence at the 24th Annual Communicator Awards in the category of 'Podcasts - General-Corporation/Business'.
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CPA Australia publishes three podcasts:
- With Interest
- INTHEBLACK
- Excel Tips
To find out more about our podcasts, visit https://www.cpaaustralia.com.au/tools-and-resources/podcasts - or search for the shows in your podcast service. To contact the podcast team email us at podcasts@cpaaustralia.com.au.
In this episode, we examine the summer employment market.
We look at what jobseekers, recruiters and employers need to know, including those in the accounting and finance industries.
We also explore job ads, wages growth, and WFH home trends.
To discuss this is our guest expert Matt Cowgill, Senior Economist at Australian online employment marketplace, SEEK.
Listen now.
Host: Dr Jane Rennie, General Manager Media and Content
Guest: Matt Cowgill, Senior Economist at SEEK
For more career insights, CPA Australia’s “Career, Elevated” December 2022 January 2023 Special Edition is out now.
And for market insights, SEEK has produced an employment report across industries with national and state and territory insights.
SEEK has also produced a report that examines the advertised salaries index (ASI) trends across a variety of industries up to October 2022.
This is our last episode of With Interest for the year.
But we will return in January 2023 with all-new episodes.
From all of us here at CPA Australia, thanks for listening to With Interest in 2022.
In this episode, tech evangelist Doug Boyd from Data reFactory delves into different aspects of financial data.
He simplifies what it is and how financial data can be combined with other data to provide meaningful information and business insights.
Specifically, he offers his insights into key areas that relate to CPA Australia members and, more broadly, the accounting profession, such as data triangulation, data governance and data sovereignty.
Listen now.
Host: Dr Jana Schmitz, Digital Economy Policy Lead, CPA Australia
Guest: Doug Boyd, Director, Data reFactory
In this episode, we look at the risks and approaches to drought planning, preparedness and recovery and the role that accountants can play in this cycle.
To help explore this topic is our guest expert Courtney Bryant, Assistant Secretary from the Commonwealth Department of Agriculture, Fisheries and Forestry.
Listen now.
Host: Kimberley Ohayon, Manager of Advocacy and Engagement at CPA Australia
Guest: Courtney Bryant, Assistant Secretary from the Commonwealth Department of Agriculture, Fisheries and Forestry
CPA Australia has released two new My Firm, My Future e-learning modules to further support our regional and rural members.
One on the Drought Support Shared Responsibility Framework which we have referenced in this podcast, and one on Succession Planning for farming clients.
Additionally, you can find more useful information by searching “drought” on the official government department site.
In this episode, we examine Labor’s proposed industrial relations reforms, currently before Parliament. What will change for business, who might be impacted, and when could this happen?
To help answer these questions is our guest expert Michael Nicolazzo, who specialises in employment and workplace law at Maddocks law firm.
Listen now.
Host: Dr Jane Rennie, CPA Australia General Manager Media and Content
Guest: Michael Nicolazzo, a partner at Maddocks law firm specialising in employment and workplace law
In this episode, COP27 (the United Nations Climate Change conference of the Parties) is explained by CPA Australia’s Senior Manager of Environmental, Social and Governance Policy.
From what’s on the agenda to Australia’s participation and the potential outcomes from this major climate change conference, currently being held in Egypt.
Listen now.
Host: Dr Jane Rennie, CPA Australia General Manager Media and Content
Guest: Patrick Viljoen, CPA Australia’s Senior Manager of Environmental, Social and Governance Policy
In this episode, we discuss the support available to small businesses following a severe storm, flood, bushfire, earthquake, or landslide.
Specifically, we highlight the not-for-profit Small Business Debt Helpline and how it can help small business owners and sole traders in financial difficulty following a natural disaster.
Listen now.
Host: Dr Jane Rennie, CPA Australia General Manager Media and Content
Guests: Helen Davis, Small Business Debt Helpline General Manager and Sandra Blake, Small Business Debt Helpline financial counsellor
You can find the Small Business Debt Helpline online and you can reach them on 1800 413 828. It has qualified financial counsellors who can answer your questions and give you sound advice to help get your business back on its feet.
And CPA Australia’s Disaster Recovery page has sound information as well as resources and strategies for recovering your business following a disaster.
PivotTables allow you to create reports without using a single formula. The standard calculation for a PivotTable is SUM.
Federal Labour has handed down its first Budget since it came to power earlier this year.
Has this first Budget delivered on what Australia needs in these challenging economic times? How does this Budget rate and what does it mean for small business?
What were the taxation measures announced? And is there a clear roadmap for future growth from the Albanese Government?
CPA Australia’s policy experts analyse and dissect the Budget announced by the Treasurer Jim Chalmers.
Listen now.
Host: Dr Jane Rennie, CPA Australia General Manager Media and Content
Guests: Gavan Ord, CPA Australia Senior Manager Business Policy and Elinor Kasapidis, CPA Australia Senior Manager Taxation Policy
And for more analysis and commentary on this the second Federal Budget of 2022, CPA Australia online has you covered.
The recent large-scale Optus data breach in Australia is a timely reminder to small business of cybersecurity.
In this episode, we explain what small businesses can do to avoid falling prey to cyber criminals.
It includes advice and explanations on the different types of data breaches, email phishing scams, how cyber insurance works and more.
Additionally, CPA Australia has its own cybersecurity hub which has information on how your business can protect its data.
Other useful information can be found at the Office of the Australian Information Commissioner. And the Australian Cyber Security Centre has tips to help you stay secure online.
Listen now
Host: Jennifer Duke, CPA Australia External Affairs Lead
Guest: Keddie Waller, CPA Australia Head of Public Practice and SME