Latest News

MYOB reaches new milestone with market leading Portal

MYOB, Australia’s leading accounting solutions provider is delighted to announce its latest milestone with 1, 000 accounting practices now collaborating with their clients on MYOB Portal.

15 Dec 2015

SME economic sentiment healthy short term, uncertain long term – MYOB Business Monitor

Over three quarters of Australian SMEs anticipate the same or greater sales/work in the pipeline for the November 2015 to January 2016 quarter, according to the latest MYOB Business Monitor. Some 41 per cent of operators felt they had the same amount coming in and a further 38 per cent had more in the pipeline. Only 19 per cent felt they would have less coming in during this quarter.

10 Dec 2015

SMEs give thumbs up to government, set agenda for further reform – MYOB Business Monitor

Dissatisfaction with the Federal Government has fallen from 33 per cent in March 2015 to 26 per cent in October, the lowest level of dissatisfaction recorded in the MYOB Business Monitor.

03 Dec 2015

MYOB wins prestigious award for innovative talent development program

MYOB is delighted to win the Marshall Goldsmith Award for Talent Development at the 2015 Australian Human Resources Institute (AHRI) Awards, announced in Sydney last night. Please see link here.

02 Dec 2015

SME start-ups learning by trial and error - MYOB SME Snapshot

MYOB’s monthly SME Snapshot survey today revealed that trial and error was the No. 1 method for gaining business skills in the start- up phase. The monthly survey by leading cloud accounting provider, MYOB, quizzes more than 400 of their SME customers around issues affecting SMEs.

13 Nov 2015

Leverage Cloud Technology signs up to sell MYOB Advanced

MYOB Group Limited (MYOB) is pleased to announce Leverage Cloud Technologies as a new partner for its leading cloud enterprise resource planning (ERP) solution for bigger businesses, MYOB Advanced.

05 Nov 2015

MYOB boosts investment in NZ market with latest acquisition

MYOB has once again strengthened its commitment to the New Zealand payroll market by acquiring Information Management Services Limited (IMS), which is based in the Hawkes Bay in the North Island, for a purchase price of NZ$9.7million, the company announced today.

30 Sep 2015

How artificial intelligence will change the future of business

Within the next decade, your performance review could be with robot supervisor, your coffee could be brewed by an autonomous barista and your courier company may have already lost its contract to a firm of drones, according to MYOB Chief Technology Officer Simon Raik-Allen.

17 Sep 2015

MYOB reaches 5k milestone with online collaboration platform

MYOB, Australia’s leading accounting solutions provider has reached a new milestone today with 5, 000 client portals created; the fastest uptake of any MYOB solution in the company’s 24 year history.

09 Sep 2015

‘Tap and go’ payments now available with new MYOB contactless card reader

MYOB, Australia’s leading accounting solutions provider has announced that its popular mobile payments solution, MYOB PayDirect now accepts tap and go payments with a new contactless card reader.

08 Sep 2015

When the going gets tough, Aussie SMEs turn to their accountants first

Australian SMEs have revealed that accountants are their first port of call when their business runs into financial difficulty. Nearly half (48 percent) of those surveyed said that these are the professionals they turn to when the going gets tough, according to a new survey by leading cloud accounting provider, MYOB.

03 Sep 2015

MYOB exceeds financial forecast with record cloud subscription growth

Leading cloud accounting provider, MYOB Group Limited (ASX:MYO), has successfully delivered on paying user and cloud subscription growth expectations, reporting a record uptake of cloud solutions amongst SMEs in the 6 months to June 2015, firmly cementing the company’s reputation as a leader in the cloud accounting and payroll space.

27 Aug 2015

MYOB becomes Most Innovative Large Company - Awarded the most innovative large company for 500+ employees

MYOB is delighted to announce it has been awarded the Most Innovative Large Company award in the annual BRW Most Innovative Companies List 2015.

18 Aug 2015

Australian SMEs time poor - miss out on weekends

Full time small business owners are on average working seven hours over time per week, equating to almost six out of seven standard full time working days. This is the latest findings from a poll of over 1,000 small and mid-sized business owners by leading accounting solutions provider MYOB.

14 Aug 2015

MYOB showcases breadth of add-on solutions at annual conference

MYOB’s API developer program was set up in 2013 and has grown to nearly 3000 partners in just two years. As the program continues with its strong growth curve, New Zealand’s leading accounting software provider adds further support for the program through a tradeshow at its annual conference.

04 Aug 2015

Australian Growth Company Awards nominations open

Sparke Helmore Lawyers, in partnership with Deloitte, Macquarie Capital, MYOB, Intralinks, The Australian and 2020 Exchange, is pleased to announce that nominations are now open for the Australian Growth Company Awards.

03 Jul 2015

MYOB urges small to medium businesses to comply before July

With less than a month to go until the end of financial year (EOFY), MYOB is urging small to medium enterprises (SMEs) to ensure they’re SuperStream compliant to avoid scrutiny from the ATO and subsequent financial penalties and prosecution.

11 Jun 2015

MYOB agrees to acquire Ace Payroll - Strengthens position in New Zealand payroll solutions market

Within a month of listing on the ASX, the market-leading provider of business management software solutions in Australia and New Zealand, MYOB, has made a strategic move in the New Zealand payroll solutions market, announcing today that it has signed an agreement to acquire New Zealand-based Ace Payroll Plus Limited, for a purchase price of NZ$14 million.

28 May 2015

Over a third of small to medium business owners will sacrifice weekends and evenings to meet EOFY obligations

As Australian small to medium enterprises (SMEs) gear up for the end of financial year (EOFY), research taken from the latest MYOB Business Monitor reveals a significant proportion of business owners will work late into the night and at weekends in order to meet their reporting obligations.

20 May 2015

Budget delivers huge boost to SME investment – MYOB

Small business will react strongly and positively to the $20,000 immediate asset write-off announced in tonight’s budget, according to MYOB CEO Tim Reed. MYOB has over 1 million SME businesses in Australia.

12 May 2015

Independence and passion trumps profit for Kiwi start-ups

New Zealand’s new entrepreneurs are focused more on personal fulfilment than profit when they make the decision to start a new business, according to the latest MYOB Business Monitor survey of over 1,000 business operators nationwide.

08 May 2015

MYOB commences trading on the ASX

MYOB Group Limited (MYOB) today commenced trading of its fully paid ordinary shares (shares) on the Australian Securities Exchange (ASX) at approximately 12.00pm AEST. At close of market the shares were trading at a price of $AU3.89

04 May 2015

MYOB successfully completes bookbuild for its initial public offer

MYOB Group Limited (MYOB) successfully completed the institutional bookbuild for its initial public offer yesterday. The Final Price was determined at the conclusion of the bookbuild and is $3.65 per Share.

01 May 2015

Local businesses concerned about threats to online security

Losing access to data, having business information hacked and even snooping foreign governments are among the concerns of local SMEs expressed in the latest MYOB Digital Nation report.

22 Apr 2015

MYOB opens a second office in Christchurch

Australia and New Zealand’s leading accounting software solutions provider MYOB continues to invest in the local market, opening its second Christchurch office this week.

21 Apr 2015

MYOB boosts SME services and adds to enhanced cloud platform via new agreement with OnDeck Australia

Australian business solutions provider, MYOB today announced a new agreement with OnDeck Australia. OnDeck is a technology-enabled small business lender that can evaluate, approve and fund small business loans as fast as the same day.

15 Apr 2015

MYOB lodges IPO Prospectus

MYOB Group Limited (MYOB) today lodged with the Australian Securities and Investments Commission (ASIC) a Prospectus for an initial public offering (IPO or Offer) and listing on the Australian Securities Exchange (ASX) of its fully paid ordinary shares (Shares).

31 Mar 2015

MYOB announces appointment of Chairman and Directors

MYOB Group Limited (MYOB) today announced the appointment of three independent non- executive directors in connection with its proposed initial public offering (Offer). A Prospectus for the Offer was lodged with the Australian Securities and Investments Commission today.

31 Mar 2015

SME revenue rises to highest level since September 2011

Australia’s SME sector is showing the strongest revenue performance of the last four years, while the proportion of businesses experiencing revenue decline has fallen to a five year low, according to the March 2015 MYOB Business Monitor.

26 Mar 2015

Despite concerns about customer growth, Australian SMEs will increase salaries and hire more people in 2015

Almost a quarter of Australian SMEs intend to give employees a pay rise in 2015, despite concerns on how they will attract more customers, according to the latest MYOB Business Monitor.

18 Mar 2015

MYOB appoints new people person to head HR

Australia’s leading accounting software provider MYOB is pleased to announce the appointment of Alla Keogh as the new Head of People and Performance.

16 Mar 2015

MYOB extends range of on the go payment solutions

Australia’s leading accounting software provider, MYOB has announced that its popular mobile payments solution, MYOB PayDirect now accepts EFTPOS payments.

10 Mar 2015

AXSYS recognised as MYOB’s Enterprise Solutions Australian Partner of the Year

Melbourne, Australia – Thursday 5 March 2015: Leading finance software provider AXSYS, located in Adelaide, Hobart, Melbourne and Perth, has been awarded with MYOB’s Enterprise Solutions Partner of the Year award for 2014.

05 Mar 2015

MYOB recognises XEN Solutions with national award

Melbourne, Australia – Thursday 5 March 2015: Announced at the awards ceremony in Gold Coast last night, XEN Solutions been recognised as the MYOB Enterprise Solutions Excellence with Advanced Pilot Sales Award. This is the first year this award has been presented to an MYOB partner.

05 Mar 2015

Local QLD business presented with national MYOB award

Melbourne, Australia – Thursday 5 March 2015: Based in the Sunshine Coast, Momentum Software Solutions has been awarded with MYOB’s Excellence in Business Growth award, at the MYOB Enterprise Partner Awards in the Gold Coast last night.

05 Mar 2015

High achieving business presented with national MYOB award

Melbourne, Australia – Thursday 5 March 2015: This leading implementer of MYOB EXO Business software in Australia, Kilimanjaro Consulting, has been awarded with the MYOB Enterprise Solutions Excellence in Business Development Award for 2014.

05 Mar 2015

Melbourne business awarded national MYOB award

Melbourne, Australia – Thursday 5 March 2015: MYOB Enterprise 2011 Emerging Partner of the Year Award winner, BusinessHub has won its second Excellence in Customer Experience award. David Taylor was presented with the MYOB Enterprise 2014 Excellence in Customer Experience award at the MYOB awards evening in Gold Coast last night.

05 Mar 2015

MYOB ends ‘transformational’ year with strong double digit growth

MYOB has reinforced its position as Australia’s leading accounting and payroll solutions provider by lifting revenue for the year to December 2014 by 16% to A$287m and delivering EBITDA of A$138m, up 15%.

26 Feb 2015

GST compliance costs SMEs $13.7 billion a year

Complying with Australia’s GST rules is costing small business more than $13.7 billion a year, according to new research released today by Australia’s leading accounting software provider, MYOB.

23 Feb 2015

MYOB solution first to receive SuperStream certification from Australian Tax Office

Australia’s leading accounting solutions provider MYOB is proud to have achieved cross-certification from the Australian Tax Office for the integrated superannuation payment and reporting feature in its AccountRight SME accounting solution.

17 Feb 2015

MYOB’s leading small business solution leaps ahead with smart bills

Australia’s leading accounting solutions provider MYOB continues its war on paper for the benefit of SMEs with the introduction of its time-saving smart bills feature to AccountRight clients.

09 Feb 2015

MYOB successfully delivers cloud accounting on all fronts

MYOB is transforming the small business economy in Australia and New Zealand with a range of cloud accounting solutions that make business life easier for SMEs and their trusted accountants and bookkeepers, says MYOB CEO Tim Reed.

09 Feb 2015

Australia 2040 - the impact of technology on the workplace

In 25 years’ time, the work colleague you chat to at the water cooler might be a hologram, your daily coffee fix may arrive at your office by drone and the plumber that turns up to fix a leak might be a robot, according to MYOB Chief Technology Officer Simon Raik-Allen.

06 Feb 2015

MYOB Advanced, the company's first cloud ERP solution for mid-sized businesses

MYOB is bringing the benefits of innovative cloud technology to larger Australian and New Zealand businesses with the announcement of its latest ERP solution, MYOB Advanced.

28 Jan 2015

MYOB signs up over 500,000 regular paying clients

MYOB today announced that of the more than 1.2 million businesses actively using MYOB SME solutions, a milestone of more than 500,000 are now regular paying clients, a record figure for MYOB which was achieved in December 2014. Of these regular paying clients, over 116,000 are cloud subscribers, also a record figure for MYOB.

27 Jan 2015