News

A New Zealand resident with property in Victoria has failed to overturn Australian land tax liabilities, despite prior inconsistencies between state and Commonwealth laws.

ASIC has updated its guidance on communicating findings from audit files to directors, audit committees and senior managers.

Deloitte has asked the Federal Court to suppress the costs of carrying out the administration of the Northern Territory stolen wages class action, citing concerns that competitors may use the figures to undercut them. ...

Global law firm Ashurst has strengthened its taxation practice with the addition of a partner from national rival MinterEllison, following a recent leadership reshuffle within the group.

With real disposable income back above its pre-pandemic level, the RBA has puzzled over Australia’s stubbornly low consumer sentiment.

National law firm Corrs Chambers Westgarth has bolstered its taxation practice group by appointing a partner from global rival Ashurst.

Chief financial officers’ roles continue to evolve, and in the face of such change – particularly regarding the cybersecurity landscape – “those who succeed will address both the financial and human sides of their org...

An advocacy group has filed a formal ACCC complaint against EY for publishing potentially “misleading or deceptive” modelling on the role of gas in Australia’s net-zero transition.

The message is unmistakable; climate reporting is here, it is mandatory, and it’s here to stay. Accountants who proactively embrace this change can do more than ensure compliance, write Manny Vassal and Olivia Garvey. ...

BDO has urged accounting firms to revisit their thin capitalisation setups after the ATO released its finalised third party debt test income tax ruling.

Following proposed changes to be made by the Tax Office to its Top 100 GST program, CA ANZ has rallied its support behind the refreshed approach.