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ASIC issues call to action regarding AI cyber risks

Amelia McNamara | 1 minute read

The regulator has urged service providers and market participants to strengthen cyber security measures amid an intensified risk environment.

Tax trust changes could spark further administrative burden: Corrs

Practitioners must watch closely for policy changes regarding the taxation of trusts, as any changes are likely to add further administrative burden for clients, the law firm says.

Shell wins appeal in CGT dispute with ATO

The Federal Court has overturned an objection decision by the Commissioner concerning the calculation of capital gains on company shares that were disposed by Shell Energy Holdings Australia.

Treasurer unveils 'ambitious' tax reform package for 2026 Federal Budget

The government has revealed the details of five major reform packages aimed at addressing substantial issues in the Australian economy and tax system.

Government provides detail on R&D tax incentive reforms

The government has unveiled a raft of reforms to the R&D tax incentive, alongside changes to trusts, CGT, and negative gearing.

WA state budget fails to deliver broad-based tax reform
Family trust distribution tax: the growing PI risk for accountants
Business impacts of Middle East conflict 'not a distant crisis’: CA ANZ
Treasury opens consultation for tweaked global minimum tax rules

Treasury has opened consultation for a tweaked version of its global minimum tax rules for large companies, based on OECD guidance.

The CFO is now the most powerful voice in the boardroom
Tax Ombudsman opens review into ATO engagement with First Nations taxpayers

Aboriginal and Torres Strait Islander people have been invited to share their experiences of engaging with the ATO as part of the Tax Ombudsman's latest review.

Early climate disclosures lack quantification and strategy, analysis finds

A sustainability consulting firm’s analysis of early climate financial reports found that most companies declared material risks, but few had strong strategies to address them.