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  1. The Tax Institute ‘pleased’ with ATO’s review of taxpayer relief provisions

    and often implied a more favourable tax treatment or a decrease in the overall tax burden. “This common understanding may lead taxpayers to assume that the term refers to broad tax relief measures, which could misrepresent the specific intentions of the...

  2. ‘Common sense’: Government bows to super tax pressure

    the government and have said it was “common sense” for these changes to be made. Richard Webb, CPA Australia superannuation lead, said the government had finally listened to the concerns surrounding the legislation and the outcome would help make the...

  3. Dangers of AI Hallucinations: The recent Deloitte Report

    than to admit ignorance” says Youngman. “Furthermore, most AI models lack a live database to validate output. This can lead to the creation of plausible but entirely fictional content.” James McPhedran, co-founder of Elfworks, believes people learn best...

  4. Navigating toxic personalities at work

    their mistakes; shift blame onto others or make excuses for their behaviour. This lack of accountability can also lead to resentment and frustration among team members. It is important to note that toxic behaviour can come from any level within an...

  5. Fraud case halted after ATO investigator found to have altered evidence

    the tax fraud investigation, according to court documents. ATO criminal investigator Anthony Rains was nominated as the lead investigator for the case on 22 January 2018. That day, he participated in a meeting with the ATO’s audit team regarding...

  6. Audit Firms Scramble to Adapt as Global Tax Rules Shift

    development, system choices, and client service to keep pace. This setting brings both strain and room to grow. Business leaders now expect not only precise reports, but also clear direction on staying aligned with shifting requirements. The ability to...

    • Type: Article
    • Author: Matthew Kayser
    • Category: Tax

  7. Under the Hood: Here comes Bendel… again

    This week on UTH, Imogen is joined by co-host Lee-Ann Hayes and guest Tiffany Douglas, tax training team lead at TaxBanter, to recap the infamous Bendel case. As the High Court is set to hear the case once again on 14 October, Lee-Ann and Tiffany...

  8. Accounting bodies welcome Board of Taxation ‘red tape’ review

    steps that would cut compliance costs and free up business owners to focus on running their business,” CPA Australia’s tax lead, Jenny Wong, said. “The complexity of Australia’s fringe benefits tax regime is another area ripe for reform. Small...

  9. Why auditors are the guardians of trust in the age of AI

    of the real world. If historical data contains bias, AI will reproduce it, even amplify it. Left unchecked, this could lead to distorted outcomes in lending, hiring, or even annual reporting. This is where auditors step in as the ‘guardians of...

  10. Grant Thornton appoints new national head of corporate finance

    head of agribusiness, food and beverage. “I’m honoured to step into the role of National Head of Corporate Finance and lead our exceptional team through this exciting phase of growth for our firm,” Bacon said. “My focus remains on delivering strategic,...

  11. ‘Now is the time to support the arts’: GST reform to bolster NSW arts sector

    platforms for the creative industries to flourish, coupled with limited intervention and strategic investment would likely lead to further, perhaps even irreversible, decline for the arts in Australia.”

  12. Son Pham – Managing Director

    his vision both compelling and aligned with my own principles. Shortly after, Scott approached me with the opportunity to lead Rethink Financing—a business designed to complement Rethink Investing by supporting clients in structuring their finance...

    • Type: Article
    • Author: Rethink Financing
    • Category: Profiles

  13. Avoid last-minute AML/CTF scramble, warns recruiter

    2026, Rippon said this number would increase by an estimated 70,000 to 90,000. The sharp uptick in regulated entities could lead to resourcing crunches as firms compete for AML/CTF expertise, Rippon warned. He said that firms that prepared well in...

  14. BDO names inaugural chief economist

    BDO Australia has welcomed Anders Magnusson as its newly appointed chief economist, moving up from his current role of lead economics partner. The firm revealed that Magnusson’s appointment as the inaugural chief economist would land him with the...

  15. ‘Better nation, better conversation’: Spender, Richardson’s take on tax reform

    Spender said. “I want a tax system that works for everyone – prince or pauper. Inequality in our tax system will, I believe, lead to social dislocation.” Richardson noted that despite much room for improvement within the tax system, it was important to...

  16. BlackLine launches purpose-built AI for CFOs

    at BlackLine. “What truly separates BlackLine is our unwavering commitment to that principle, which uniquely positions us to lead the AI revolution in finance. With Verity, we are giving finance professionals AI they can trust – powerful, transparent,...

  17. BDO Australia appoints new Melbourne office managing partner

    announced that Jason de Boer will be its new office managing partner at its Melbourne CBD office. Jason de Boer is set to lead as the new Melbourne OMP, which the firm said “mark[s] the next stage in the firm’s leadership journey”. De Boer began his...

  18. Communication key to effectively strengthen bookkeeper, accountant relationships

    Tait noted the first step forward was finding an accountant or bookkeeper who aligned with similar workflows, which would lead to the creation of win-win situations. According to Tait, if communication channels were opened and a solid relationship was...

  19. Most SMBs find accountants through word of mouth

    QuickBooks, sought and received responses from 506 Australian small businesses and 404 practising accountants. Referrals lead the way According to the research, seven in 10 SMBs found their current accountant through referrals or word of mouth. Among...

  20. Treasurer going against department advice if Div 296 backdated

    has said. According to the regulation impact statement ‘Impact Analysis – Better Targeted Superannuation Concessions’, a lead-time of at least 12 months is required for the transfer of ownership of assets if the bill is passed. “The impact statement...

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