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Showing 1 - 10 of 668 results for %22H%26R Block%22

Bitcoin halving won't bring immediate price rise

ELIZA BAVIN  |  MONDAY, 22 APR 2024
The Bitcoin halving event - which occurred over the weekend - has seen optimism around the cryptocurrency rise, but major price increases may take some time to shine through. The halving event is coded to occur every 210,000 blocks and halves the reward ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... on the cryptocurrency bandwagon, many are failing to declare their profits and in some cases the losses, according to H&R Block director of tax communication Mark Chapman. The ATO estimates between 500,000 and one million Australians invest in cryptocurrency. ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
ASIC has taken legal action against three blockchain mining companies - NGS Crypto, NGS Digital, and NGS Group - along with their sole directors Brett Mendham, Ryan Brown and Mark Ten Caten. The corporate regulator has accused the NGS companies of targeting ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
In April the Bitcoin halving event will occur. This is when the amount of Bitcoin someone can mine from a Bitcoin block is halved, making the cryptocurrency more valuable. In anticipation of this event Australian investors have been stocking up on Bitcoin. ...

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Australian Securities and Investments Commission (ASIC) commissioner Alan Kirkland has admitted the regulator can't fight every battle of misconduct, but that doesn't mean it's not watching. Speaking at the Blockchain APAC Policy Week event, Kirkland ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
Bitcoin has hit a new all-time high, surpassing US$72,000 ($100,000) for the first time since the digital asset's inception. The latest price boost was underscored by an increased acceptance of Bitcoin by mainstream financial institutions with the UK's ...

New campaign pushes for reproductive leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... year. It would apply to all full-time employees, and part-time employees on a pro rata basis. The leave can be taken as a block, individual days, or part-days. The campaign outlines that the leave would apply when an employee is unfit for work due to ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
The corporate regulator says it has shut down about 3500 investment scam websites since July 2023 to protect Australians from digitally enabled misconduct. According to ASIC's latest enforcement and regulatory update, it has secured almost $60 million ...

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
ASIC has obtained an interim order from the Federal Court to restrict former Blockchain Global director Liang Guo, also known as Allan Guo, from leaving Australia. The corporate regulator is currently investigating Guo and two other Blockchain Global ...

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... rate to 16% and increase the threshold for the 37% tax rate from $120,000 to $135,000 (see Figure 1 and 2). Source: H&R Block A person on an average income of $73,000 will receive a tax cut of about $1504, the government said. Previously, they would ...
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