Technology

AI, automation use may add nearly $5bn to accounting industry

New modelling from MYOB has indicated that adopting AI and automation could unlock significant growth for the nation’s...

30 July 2026 • By Matthew Taylor

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Business

Court documents draw links in former ATO assistant commissioner’s case

Court attendance notices issued to Nicholas Petroulias have drawn links to the ICAC report, which reveals short...

30 July 2026 • By Carlos Tse

Regulation

Former public servant charged over $1.3m fake GST claims

A 33-year-old NSW man was charged for allegedly attempting to defraud the Commonwealth of more than $1.3 million in...

29 July 2026 • By Matthew Taylor

Business

Altus Financial announces official launch on Central Coast

The merger of Fortunity and Altus Financial has established the largest integrated financial advisory business on the...

29 July 2026 • By Matthew Taylor

Regulation

Tax ombudsman releases review on ATO bias risk

A review by the tax ombudsman has found that the ATO must do more to guard against bias, with some ATO processes...

28 July 2026 • By Miranda Brownlee

Business

TPB managing conflict of interest issues ‘appropriately’, chair tells inquiry

Peter de Cure has sought to assure senator Deborah O'Neill that the TPB is carefully managing any potential conflict...

29 July 2026 • By Carlos Tse

Business

Global companies turn to cost-cutting amid ongoing inflation

Rising operating costs and persistent inflation are placing renewed pressure on businesses worldwide, despite signs...

28 July 2026 • By Matthew Taylor

Business

Small towns, big challenges: COSBOA report reveals regional business struggles

Rising costs, declining profits, workforce shortages, and infrastructure gaps are creating a difficult environment for...

28 July 2026 • By Matthew Taylor

Business

Taxpayer given 35% penalty for BAS recklessness

Following an application for a refund of nearly $94,000, the Administrative Review Tribunal has set aside an...

28 July 2026 • By Carlos Tse

Business

ATO no longer treating debt the same as during COVID

One expert has stressed the importance of tax agents reminding their clients that the ATO is no longer as lenient on...

28 July 2026 • By Carlos Tse

Tax

Accountants a ‘punching bag’ with lack of indexed bracket creep

With the government found to rely on over 52 per cent of its tax revenue on income, one accountant has argued for...

27 July 2026 • By Carlos Tse

Tax

ANAO unveils 2026–27 plan to strengthen accountability

The Australian National Audit Office has reaffirmed its commitment to strengthening accountability, transparency and...

27 July 2026 • By Matthew Taylor

Tax

'Not the right way forward': accountant calls out ATO powers on GST reporting

One accountant has called the ATO’s move to change selected small business owners’ GST reporting cycles to monthly...

27 July 2026 • By Carlos Tse

Business

Film director with $130k income tax debt gets relief

A 76-year-old former documentary producer has had a third of his nearly $130,000 in income tax released on the basis...

27 July 2026 • By Carlos Tse

Business

Former ATO assistant commissioner appears in court

Bail conditions and pleas have been raised during an appearance by a former ATO official and his co-accused at Sydney...

24 July 2026 • By Carlos Tse

Business

ASIC tally goes to 3: another business renewal provider loses registered agent...

While the regulator continues its hunt for third-party business renewal providers that breach its registered agent...

24 July 2026 • By Carlos Tse

Business

TPB publishes finalised guidance on AI for tax practitioners

The board has released a guidance statement to assist registered tax practitioners in understanding how their existing...

24 July 2026 • By Matthew Taylor

Technology

CFOs becoming a ‘proving ground’ for balancing innovation with regulatory...

Last week’s AI Appreciation Day was an opportunity to recognise that the value of AI in finance is not measured by...

23 July 2026 • By Jerome Doraisamy