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ACCOUNTING

CountPlus subsidiary, CountPlus One has acquired Sydney-based accounting business, CDC Partners.
Countplus announced the transaction to the Australian Securities Exchange (ASX) today noting that it involved a purchase of $600,000 plus an upside payment if revenues exceed certain targets with a maximum consideration of $800,000 having been agreed.
It said…

Two directors and one officer of mortgage lender, Remedy Housing, have been charged with criminal directors’ duties breaches after “dishonestly” offering ‘interest-free’ mortgages to consumers.
Directors Brent Smith and Mahmoud Khodr, and officer Fue Mano, appeared in the Melbourne Magistrates Court on Thursday after the investigation was referred to the…

Major accounting group, CPA Australia is urging the Government to move to monthly inflation reporting as a more reliable gauge.

In what represents a key acquisition, Access Group has taken control of Reckon Accountants Group including APS and Reckon Elite.