Tax

Government urged to revise $6m maximum net asset value with CGT reforms

The CGT exemptions announced by the government as part of its reforms are welcome news, but they ignore one critical...
24 June 2026 • By Amelia McNamara

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Super

SMSF borrowing changes draw mixed industry response

Some professionals have warned that the changes will destroy trust in Australia's retirement system, while others say...
24 June 2026 • By Miranda Brownlee
Tax

Labor strikes deal with Greens to enable passage of tax changes

The government has agreed to amendments put forward by the Greens to ban limited recourse borrowing arrangements for...
23 June 2026 • By Miranda Brownlee
Business

‘Conflict of interest’: accountant caught in crossfire to pay $4k in costs,...

CA ANZ’s Professional Conduct Committee has censured a member and handed him a $4,000 penalty for failing to act...
23 June 2026 • By Carlos Tse
Business

AI won’t reduce the need for new accounting entrants: CA ANZ

With more than 4,000 enrolments in its foundations program, CA ANZ has said it does not see any impact of AI on...
23 June 2026 • By Carlos Tse
Tax

Budget backflip on testamentary trusts not all that it seems

By confusing taxpayers into actively avoiding taking any estate planning steps until the proposals are finalised,...
23 June 2026 • By Matthew Burgess
Business

SMEs embrace AI and growth despite economic pressures

Australian SMEs continued to push ahead amid tough economic conditions, as hiring momentum picked up again in May.
23 June 2026 • By Matthew Taylor
Business

Accountant driven to quit after 10 weeks of wage shortfalls

An accountant has been forced to resign from a Victorian fruit shop after enduring 10 weeks of underpayment.
22 June 2026 • By Carlos Tse
Business

The cost line your manufacturing clients can't see

At a time when accountants are being told to pivot to advisory-style services, there’s one line item you can flesh out...
22 June 2026 • By Byron Raal
Tax

Division 296 ‘blind spot’ may cost unprepared SMSFs

A significant but largely overlooked reporting feature of Division 296 could impose substantial compliance costs and...
22 June 2026 • By Naomi Neilson
Regulation

Senator says KPMG misconduct reflects 'systemic failure' in regulation of...

CA ANZ has been grilled by a parliamentary joint committee on its response to the audit misconduct unfolding at KPMG,...
19 June 2026 • By Miranda Brownlee
Business

Small businesses pushed to pay for alternative super services

With the ATO’s free superannuation clearing house soon to shut permanently, small businesses have been told to...
19 June 2026 • By Carlos Tse and Naomi Neilson
Technology

SavvyWise raises $1.56m to accelerate R&D on Australian tax-specific AI models

Tax AI platform SavvyWise has closed its equity crowdfunding raise with nearly $1.56 million from 469 investors, which...
19 June 2026 • By Jerome Doraisamy
Tax

Latest tax tweaks inadequate for start-ups, accounting bodies say

While the government’s tax change announcement was welcomed, accounting bodies are disappointed by the lack of...
19 June 2026 • By Carlos Tse
Tax

Labor changes course on trust changes, CGT concessions, increased turnover...

The prime minister and treasurer have made changes to previously announced budget measures, with new tax concessions...
18 June 2026 • By Carlos Tse
Tax

‘Supporting your clients and the integrity of the system’: tax time tips

With tax time set to kick off in less than a fortnight, the ATO has some final words of advice for accounting...
18 June 2026 • By Amelia McNamara
Tax

Unions, industry groups clash over tax reform at senate inquiry

Key stakeholders have pulled no punches at parliamentary hearings on the federal government’s proposed tax changes.
18 June 2026 • By Amelia McNamara
Business

Accountant behind $100k ATO blunder wins back half post-termination

A financial controller who was terminated for an alleged $100k payment to the ATO without authorisation has won $56k...
18 June 2026 • By Carlos Tse
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