Business

Parliament passes loss-carry back, IAWO measures

Small businesses will now benefit from the loss carry-back and permanent $20,000 instant asset write-off measures with...

21 August 2026 • By Carlos Tse

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Tax

ASIC targets accountants in fraud investigation

Along with mortgage brokers, lawyers, and other risky businesses, accountants were caught up in a massive AUSTRAC...

20 August 2026 • By Naomi Neilson

Business

OSfA’s modernity scrutinised amid 100 feature update backlog

With the digital landscape accelerating more than ever before, the ATO has accepted three recommendations made by the...

20 August 2026 • By Carlos Tse

Super

The SMSF borrowing change lands on the middle of your client book, not the top

Borrowed assets make up 17.9 per cent of the average fund holding $500,000 to $1 million, against 3.0 per cent of a $5...

18 August 2026 • By Rasti Vaibhav, Get RARE Properties

Business

Fraudsters sentenced over $10.7m tax fraud and money laundering scheme

Four people have been sentenced following an investigation into a two-year ‘sophisticated money laundering and tax...

19 August 2026 • By Carlos Tse

Business

Microbusinesses stabilise following 5% decline

The number of microbusinesses has now steadied following a decline, but one insolvency practitioner has emphasised the...

19 August 2026 • By Carlos Tse

Business

Resigning KPMG GC appeals to ‘benefit of hindsight’ during interview scrutiny

Scrutiny landed on KPMG’s first investigation into whistleblower allegations after the parliamentary joint committee...

18 August 2026 • By Malavika Santhebennur and Carlos Tse

Appointments

Prosperity Advisers Group announces 22 promotions

The accounting and financial advisory firm has announced 22 promotions across its business.

17 August 2026 • By Carlos Tse

Tax

Dentons pushes for transitional protections with proposed Division 7A measure

If the government plans to proceed with an unenacted measure from the 2018–19 budget to bring UPEs within Division 7A,...

17 August 2026 • By Miranda Brownlee

Business

Taxpayer's $650k claim falls short

A taxpayer has failed in his bid to force the Commissioner of Taxation to pay him $650,000 in compensation.

14 August 2026 • By Carlos Tse

Business

Whistleblower protections need ‘rethink’ with greater incentives, support

One accounting body has called for further reforms in response to Treasury’s review into tax and corporate...

14 August 2026 • By Carlos Tse

Super

ATO finalises ruling on transitional rules for Payday Super

The Tax Office has published its finalised ruling on the transitional rules supporting the transition from quarterly...

14 August 2026 • By Miranda Brownlee

Business

Nearly $4m in personal liability for 2 former directors

Two former directors have been found personally liable to pay a company a total of $3,698,891.25 for insolvent trading...

13 August 2026 • By Carlos Tse

Business

Hold at 4.35% the ‘least-worst option’ as economists predict impending cash...

Economists have speculated that the RBA’s recent cash rate hold was intended to buy time to observe the impacts of...

13 August 2026 • By Carlos Tse

Regulation

Complexity of frameworks creating challenges for whistleblowers, says Law...

The government should consider a "no wrong door" approach to whistleblower disclosures in situations where alleged...

13 August 2026 • By Miranda Brownlee

Tax

ATO to appeal Federal Court decision involving salary loading allowance

Following its loss in the Federal Court against the Department of Education, the ATO says it will hold off finalising...

13 August 2026 • By Miranda Brownlee

Business

Tax expert finds ‘unfinished business’ in tranche 2 legislation

A tax expert has said the second tranche of CGT and negative gearing changes “bear the marks of the same haste” as the...

12 August 2026 • By Carlos Tse

Tax

Accountants slam government’s rationale for trust tax

An accounting firm has urged the government to defer its minimum tax on trusts and to resume the rewrite of the trust...

12 August 2026 • By Carlos Tse