EOFY stories

As FY24–25 ends, Australian businesses face increased ATO compliance checks on tax debts and deductions; automation and tighter controls are vital to start FY25–26 strong.

As cost-of-living pressures rise, Australian shoppers are more selective and returns-savvy, making flexible return policies key to retail success, says a new study.

Manhattan Associates' study reveals flexible return policies are key for retail as 72% of consumers return items due to rising living costs, post-EOFY.

Parcel theft claims in Australia have more than doubled, due to the surge in online shopping, a trend that intensified during the COVID-19 pandemic.

With the end of the financial year nearing, Australian businesses are warned of rising cyber threats, including AI-driven attacks, tax scams and ransomware.

ShipStation has launched new features to aid Australian retailers in optimising shipping processes, anticipating an AUD $800 million boost in EOFY sales.

As Australia's EOFY approaches, businesses and individuals rush to complete tax tasks, opening the door for heightened cyber threats.

Score up to 37% off portable power solutions during BLUETTI's EOFY sale from June 1-30. Save on power stations, solar bundles, and home batteries.

Research shows 38% of Australians plan to join EOFY sales, with 42% shopping online. The shift from tax-deductibles to electronics, and household items marks a new trend.

Prospa, a fintech firm, unveils special EOFY offer providing business loans with no interest or repayments for four weeks, aimed at offering much-needed relief to SMEs facing ongoing supply chain and labour cost issues.

Trade businesses can eliminate the stressful end-of-financial-year tax rush by adopting digital job management platforms which streamline transactions and paperwork.

New research from Xero has found that 66% of small business leaders in Australia don't understand all parts of a business tax return.