News Pulse for September 8, 2016

A daily download of SME, startup, fintech and tax news from around Australia.

Sam Dastyari resigns from Labor frontbench over donations row

The embattled Labor senator Sam Dastyari has stepped down from the frontbench amid questions about donations from a wealthy Chinese businessman.

Speaking in Sydney on Wednesday evening, he said that the issue had become a distraction that was damaging the party.

Expensify picks Melbourne for Australian expansion

US expense management software firm Expensify has picked Melbourne for its Australian headquarters, the state government announced.

Minister for Small, Business, Innovation and Trade Philip Dalidakis said the government worked closely with the company, which says it’s behind the world’s fastest expense management software, to bring its wares to Victoria.

ABUKAI joins with MYOB ecosystem to Offer New Expense Management Services to Customers in Australia and New Zealand

ABUKAI, Inc., the innovation leader in actionable business productivity software, announced today they now connect with MYOB, a leading cloud based business management solutions provider in Australia and New Zealand. ABUKAI Expenses now directly integrates with MYOB Account Right.

Uber’s tax stoush could challenge business model, workplace insurer Suncorp says

A legal stoush between Uber and the Australian Taxation Office could challenge the way rideshare drivers are classified as workers under Australian law.

A submission to a NSW inquiry into the ride-sharing industry says the case, currently before the Federal Court, could help determine whether Uber drivers are classified as ’employees’ or ‘contractors” under the law – particularly in regards to workplace compensation.

EXPENSIFY LAUNCHES FIRST AUSTRALIAN OFFICE – Media Release

Six months after launching in the United Kingdom, Expensify, the world’s fastest growing receipt and expense management software, announced today the launch of its first Australian office at Xerocon South.

Labor warns of new tax lurk for rich

Labor will seek to block the extension of tax-friendly superannuation contribution arrangements to 800,000 self-employed Australians because the measure will be too expensive at $8.7 billion over a decade.

Under changes being pursued by the Coalition , super contributions to eligible funds will be tax deductible for people who gain most of their income through self-employment, such as contractors.

Why SMEs should take note of the new serko.travel app

Serko Ltd . announced the Australian launch of its new small business travel management application, serko.travel , in conjunction with Xero , an online accountancy software company.

Unveiled at Xero’s cloud accounting conference, ‘Xerocon South’ in Brisbane, the new application is available for any business in Australia with up to 150 employees to sign up and make bookings online without any service fees.

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