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.
One CFO has reflected on how accountants and organisations can avoid underpaying their staff and prepare for Payday Super laws by embedding strong governance, control mechanisms, and systems.
The Productivity Commission’s annual bulletin found Australia’s multi-factor productivity fell by 0.5 per cent in 2024–25, below the 20-year average of 0.4 per cent growth.
The e61 Institute and McKinnon attribute the sustained federal and state government deficits to increasing fiscal pressures over the past two decades.
Cyber security is a board-level governance obligation, not an IT issue, according to Andrew Philp, field CISO for ANZ at Trend Micro, following a court-imposed penalty against Australia-based financial firm FIIG Securities. ...
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