Business

‘Narrow’, ‘complex’: Innovation and investment reforms slammed

The government’s IBCC and R&D tax incentive legislation is under the scanner, as industry professionals remain...
02 November 2026 • By Malavika Santhebennur

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Business

Election results threaten Labor’s CGT, negative gearing changes

Labor’s tossed 50 per cent CGT discount and negative gearing benefits could be ditched if One Nation takes over.
22 October 2026 • By Gemma Crotty
Business

Tax reform ‘more like a political talking point’

Accountants remain irked by the proposed tax reforms on multiple fronts after they were introduced in Parliament.
16 October 2026 • By Malavika Santhebennur
Business

Tax accountant the ‘great winner’: Government introduces next tranche of trust...

The Labor government has introduced its legislation for a minimum 30 per cent tax on discretionary trusts to...
15 October 2026 • By Malavika Santhebennur
Business

Tax reform uncertainty causing decision ‘paralysis’

A tax specialist has urged the government to provide certainty over its proposed tax reforms as the industry awaits...
14 October 2026 • By Malavika Santhebennur
Business

‘Higher tax on entrepreneurship’: CGT reforms ‘meaningless’ for new businesses

The controversial CGT changes punish entrepreneurs who take a calculated risk to grow businesses and investments,...
13 October 2026 • By Malavika Santhebennur
Business

CGT reform for innovative start-ups risks limiting effectiveness

Several aspects of the proposed innovative business CGT concession could risk limiting its effectiveness in supporting...
13 October 2026 • By Malavika Santhebennur
Business

Is this the ‘optimal path’?: Trust tax reform creates burdensome system

A tax lawyer wonders if the government could have taken a simpler path to achieve its discretionary trusts objectives.
12 October 2026 • By Malavika Santhebennur
Business

Minimum tax on discretionary trusts: the draft law lands, and the concerns...

Four bills, 16 days of consultation, and legislation expected just days away. What practitioners need to know now.
09 October 2026 • By Robyn Jacobson, National Tax & Accountants' Association
Business

Tax reform measures risk adding to red tape burden: CPA Australia

As the release of the Red Tape Reduction Review is awaited, the accounting body said it is hard to reconcile adding...
09 October 2026 • By Malavika Santhebennur
Business

‘ALP has never liked trusts’: Government denounced for rushing trust tax reform

The government has failed to “dot their i’s and cross their t’s” in their discretionary trust tax proposals and...
08 October 2026 • By Malavika Santhebennur
Business

Accountants must move past spreadsheets amid budget changes

The significant measures outlined in the budget highlight the need for accountants to ditch the spreadsheet and...
01 October 2026 • By Malavika Santhebennur
Business

Compliance burden to add to small business costs

Small businesses already bearing the brunt of brutal economic conditions could now face burgeoning costs of obtaining...
30 September 2026 • By Malavika Santhebennur
Business

‘Very poorly thought out’: Minimum trust tax to sting low- to middle-income...

A tax agent has argued that the proposed trust tax legislation will “almost exclusively” hurt low- to middle-income...
29 September 2026 • By Malavika Santhebennur
Business

Leave small businesses alone in trust tax, building body says

Master Builders Australia has called for small businesses to be grandfathered from the proposal to impose a minimum...
29 September 2026 • By Malavika Santhebennur
Business

Trust tax penalty a ‘punishment’ for small businesses

A 47 per cent tax treatment for family businesses that elect into a new regime as an alternative to restructuring...
18 September 2026 • By Malavika Santhebennur
Tax

‘Collateral damage’: budget measure to exacerbate productivity lows: ACCI

The higher taxes imposed on discretionary trusts used by small businesses are causing a “double-whammy tax issue,” the...
22 May 2026 • By Carlos Tse
Tax

Trust tax minimum killing bucket companies, causing small businesses to suffer

Accountants are not coming out as winners, but scapegoats at the hands of the government’s 30 per cent minimum tax on...
21 May 2026 • By Naomi Neilson
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