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Payment fraud reaching new horizons, says Eftsure

Amelia McNamara | 1 minute read

Industrialised and cross-border cyber crime, AI, and poor payment verification pose the biggest cyber security threats, according to Eftsure.

Aussie wages rise 3.4% year on year

This morning (18 February), the Australian Bureau of Statistics (ABS) has found that the Wage Price Index (WPI) in the December quarter 2025 has risen, with the public sector staying ahead of the private sector in wage growth...

ATO releases fresh data on international related party dealings

The Tax Office has released its 2023–24 international related party dealings statistics, giving a snapshot of cross-border dealings as part of its profit shifting monitoring activities.

Government basks in IMF praise as Coalition attacks Labor’s ‘addiction to spending’
Aussie organisations falling behind on AI adoption: Deloitte
Joint bodies call for more transparency, preventative action in PII scheme

Joint accounting and SMSF bodies have given their thoughts on Treasury’s review into professional indemnity insurance following its CSLR reforms.

IMF echoes calls for comprehensive tax reform in Australia

The International Monetary Fund has urged Australia to consider comprehensive tax and expenditure reforms following its annual economic check-up.

KPMG partner uses AI to cheat on AI test, faces fine
UNSW professor appointed to the RBA board

The Reserve Bank of Australia (RBA) has confirmed that professor Bruce Preston has been appointed to its monetary policy board, commencing his five-year term on 1 March 2026.

J5 flags links between OTC crypto trading desks, criminal activity

The J5 crime team has identified links between cryptocurrency trading desks and cryptocurrency payment processes to criminally obfuscate and move funds.

‘Serious’ concerns found in procurement of national support services for CSA victims

A national audit committee has found “serious” shortcomings in the Attorney-General Department’s procurement of support and advocacy services for victims of child sexual abuse.

Risk leaders concerned about low economic growth for second straight quarter