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Super is Australia’s ‘economic future’, ASIC says

Imogen Wilson | 1 minute read

Superannuation is set to be the biggest part of the economy by 2030, with the regulator calling for trustees to be proactive in their accountability, risk management and cyber security measures.

Quantification the next big issue in climate accounting

Climate accounting literature has evolved significantly over the past decade, but researchers are still scratching their heads on how companies can best quantify their climate risks.

Bullock apologises for RBA outage that stalled pay, settlements

RBA governor Michele Bullock has apologised for a major payments system failure that delayed property settlement deals nationwide, and has pledged a full review. ...

MinterEllison elevates partner in tax team

Effective 1 January, Liz von Muenster will bring over 25 years of experience at the firm into her new role as partner.

Enough with the tinkering: Tax Institute calls for substantive reform in May budget

The Tax Institute has doubled down on its calls for structural tax reform and simplification in the lead-up to the May budget.

Australia’s ‘quarter-trillion-dollar joke’: PBO delivers further analysis to slash CGT

The Parliamentary Budget Office has joined the chorus supporting a slash to capital gains tax, with analysis highlighting it could cost the budget $247 billion in foregone revenue.

Labor reportedly considering changes to CGT discount ahead of budget

The Labor government is reportedly considering changes to the 50 per cent capital gains tax discount as the May budget approaches.

The CFO in your pocket: How digital finance tools empower every business owner
Instagram gossip page leaks KPMG’s plans to offshore 200 EA roles

A corporate gossip Instagram page has leaked KPMG Australia’s plans to offshore three-quarters of its 260-strong executive assistant workforce to the Philippines.

UN delegates meet in New York to progress international tax framework

United Nations delegates are meeting in New York to discuss a proposed international tax treaty seeking to crack down on tax avoidance and strengthen public finances.

RBA rate hike reflects sluggish productivity, economists say

Industry economists say Tuesday’s rate hike reflected capacity constraints in the economy, and warned that reform would be necessary to boost growth without spurring inflation.

‘Cluttered, unnecessarily complex’: IFPA pushes tax, super reform in pre-budget submission

With pre-budget submissions flowing into the Treasury from accounting and professional bodies, the institute has jumped on the bandwagon to propose a targeted reform agenda.