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Retrospective changes to foreign CGT regime 'neither fair nor equitable': Tax Institute

Miranda Brownlee | 1 minute read

The Tax Institute has expressed significant concern that despite a major expansion in scope, the proposed reforms offer no transitional or grandfathering relief.

Lack of AI training leads to fragmentation tax: Atlassian
Tax reform necessary to curb reliance on commodity windfalls, IPA says

The Institute of Public Accountants has called for tax reform in the budget, warning the government against relying too heavily on commodity windfalls.

Federal budget ‘will not undermine existing contracts on gas exports': Albanese

Despite calls for the introduction of greater taxes on Australian resources in the upcoming budget, the prime minister has all but rejected the possibility.

Over 1 in 2 firms have AI privacy concerns: Intuit
Annual CPI climbs to highest level since September 2023

Annual CPI climbed to its highest level in over two years in March, and trimmed mean inflation remained above the RBA’s target range.

Labor considering scrapping CGT discount in favour of cost base indexing

Labor’s Expenditure Review Committee is reportedly considering axing the 50 per cent CGT discount and returning to inflation indexing.

Budget 2026: mid-market CEOs want tax reform, regulation reduction
Auditor cancels ASIC registration following conflict of interest concerns

ASIC has accepted an auditor’s application to cancel his own registration after the regulator raised concerns about his compliance with independence and conflict of interest requirements.

Prolonged oil shock could cost Australia’s economy billions, EY says

A prolonged oil shock could cost Australia’s economy $42 billion throughout 2026, modelling from EY has found.

Report finds politicisation, miscommunication hold back tax reform: McKinnon
PM expected to reject gas tax proposal in upcoming budget

The Albanese government has signalled no change in its position on gas export taxes, despite intense pressure on the issue.