PROFESSION • By Malavika Santhebennur
Amid the ongoing KPMG audit scandal, a former whistleblower has questioned the lack of proportionate repercussions for wrongdoing in accounting firms.
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The second tranche of the CGT and negative gearing changes produces three avoidable outcomes, one investment management firm has said, making recommendations that can be made prior to 1 July 2027.
PROFESSION • By Carlos Tse
Read MoreThe association has said investors should be allowed to apportion a capital gain or loss on a straight-line basis based on the number of days the asset was held both before and after 1 July 2027.
TAX • By Miranda Brownlee
Read MoreThe Macquarie Bank board has withdrawn its recommendation to engage KPMG as auditor, retaining PwC, after the recently embattled firm failed to meet the bank’s criteria.
PROFESSION • By Carlos Tse
Read MoreIn its latest corporate plan, Treasury has said that it will target equity, efficiency, and intergenerational fairness in its proposed major tax and spending reforms.
ECONOMY • By Carlos Tse
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