The Tax Office says the use of lodgment and payment calendars can help privately owned and wealthy groups reduce the risk of lateness.
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.
Responding to Treasury consultation for the Future Made in Australia scheme, CPA Australia warned that strict RCA review requirements would be costly as auditor numbers dwindled.
AI is not removing the need for judgement in finance. It is making judgement more visible, writes Hakan Ozyon.
A tax specialist has told the Senate that the CGT discount should be changed as part of a broader tax reform package.
Financial regulator ASIC secured record penalties and claw-backs during the second half of 2025, recently-released data has revealed.
The accounting body has stressed that the state of national productivity is enough to threaten economic growth, competitiveness and living standards without appropriate government action.
A simpler and fairer model could have been adopted for the Division 296 tax if the government had consulted more constructively in the design phase, the institute has said.
Fronting the Senate inquiry into the CGT discount, economists from the OECD and TTPI have said that Australia’s CGT discount was not unusual, but altering it could have benefits.
One employer association has stressed the need for policymakers to demonstrate the will to ‘turn things around’ amid deteriorating national productivity. ...
The US Supreme Court has struck down US President Donald Trump’s signature tariff policy, finding he had illegally used emergency economic powers to impose tariffs at his will.
Elna How has joined Grant Thornton’s national sustainability reporting advisory team in Brisbane, bringing more than two decades of experience.
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