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Engineer who claimed $60k in WFH, car deductions loses court fight

Emma Partis | 1 minute read

An engineer’s attempt to claim over $60,000 in personal income tax deductions relating to work from home and car expenses has been rebuffed in court.

Finance CEOs upbeat, positive on 2026 outlook

Financial services CEOs are positive about the outlook for the sector in 2026, even as global economic uncertainty continues to weigh on broader sentiment.

BlueRock joins global accounting network ATLAST

Entrepreneur-focused accounting and advisory firm BlueRock has joined ATLAST, a global network of accounting and advisory firms.

BDO Australia appoints 3 new partners to its Perth office

BDO Australia’s Perth office has welcomed three new partners in CFO advisory, indirect tax, and R&D and government incentives.

Div 296 officially introduced to parliament

The Treasurer has officially introduced the Division 296 bill to the House of Representatives, with its passage in the Senate subject to support from the Greens.

Chalmers leaves door open for tax reform in May budget

Jim Chalmers has left the door open for substantive tax reform in the May budget, but refused to confirm whether the government would be going ahead with changes to the CGT discount.

‘Something worth talking about’: future of CGT discount set to be determined

The future of CGT seems to be the hot topic on everyone’s lips, with the IFPA chiming in with calls for calm, clarity and proper scrutiny.

Net cash flow tax would benefit smaller, high-investment firms, economist says

Speaking to Accounting Times, economist Jason Nassios outlined the winners and losers of the Productivity Commission’s proposed net cash flow tax.

Johnson Winter Slattery takes tax leader from Clayton Utz

After almost a decade at Clayton Utz, partner Peter Feros has been hired to lead Johnson Winter Slattery’s six-partner tax group.

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

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 over 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. ...