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ATO urged to reconsider draft tax determination on deceased states

Miranda Brownlee | 1 minute read

The ATO's proposed interpretation of the main residence exemption in deceased estate cases is "unduly restrictive" and may disrupt established estate planning arrangements, The Tax Institute has said. ...

Top firm remuneration: big 4 not far ahead of mid-tiers
AI central to credit management, but adoption gaps persist

AI adoption has accelerated dramatically across Australian businesses, with nearly 95 per cent reporting positive outcomes from using the technology, according to CreditorWatch. AI is becoming an essential capability for c...

Australian labour market entering 2026 on 'steadier footing', says Deloitte

The labour market has rebounded from its previous flat patch, but economic uncertainty suggests growth could remain uneven throughout 2026.

David Pocock proposes inquiry into petroleum resource rent tax

The independent senator for the ACT is pushing for the establishment of a Senate committee to examine Australia's low revenue from the export of gas resources.

CPA calls for multi-pronged approach to housing affordability
PwC scores highest on gender pay equality among big 4 firms

All of the big four firms, with the exception of Deloitte, reduced their gender pay gaps in the 2024–25 year, data from the Workplace Gender Equality Agency has revealed.

Master 4 financial strategies to outperform peers
Federal budget an opportunity to deliver bold tax reform, says Barbara Pocock

The Greens are urging the government to deliver ambitious tax reform on housing at the next federal budget with negative gearing reforms back on the table.

Australian boards unprepared for increasingly volatile geopolitical environment
ATO issues practical tax governance tips for private groups

The Tax Office says the use of lodgment and payment calendars can help privately owned and wealthy groups reduce the risk of lateness.

Treasury considering 33% CGT discount ahead of budget

The Albanese government is reportedly considering winding back the CGT discount from 50 per cent to 33 per cent as part of its May budget package.