The committee undertaking the inquiry into KPMG's audit misconduct has called for the establishment of a whistleblower protection authority, alongside other recommendations.
EY US has informed clients that a hacker accessed their financial and tax data over a more than two-week period in early 2026.
One tax expert has said that Treasury’s consultation paper "pre-empts" an outcome, as it sends a strong message that the government wants businesses to exit discretionary trust structures.
The board of KPMG Australia has announced the appointment of John Sams as chief executive officer, effective immediately.
Analysis has revealed that partial tax residents will be eligible for a prorated CGT discount for post-CGT assets sold on or after 1 July 2027, and the Treasury has earmarked possible amendments as it further considers how th...
In its latest statement of intent, ASIC has shifted its focus to helping improve audit regulation, promoting economic dynamism, and reducing the impact of scams on financial consumers, and will report its progress in its next...
The hunt is on for Australia’s top female financial professionals, with submissions and nominations now open for the Women in Finance Awards 2026.
Accountants have urged Treasury to increase the eligibility threshold for all four of its small business CGT concessions to $10 million to remedy the added complexity and compliance burden of threshold variation. ...
One accounting body has stressed the importance of accountants understanding their role in asking critical questions in AUSTRAC’s fight against financial crime.
Moving forward, corporate accounts need to speak not only to the numbers but also to the story surrounding them.
Cadena Legal says amendments that would provide the TPB with emergency suspension powers are of significant concern to tax agents, having previously labelled the proposed legislation as "potentially unconstitutional". ...
A taxpayer has won an appeal in the tribunal after claiming that an adjoining lot to his principal place of residence was uninhabitable and therefore met the principal place of residence exemption. ...
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