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Inflation rose 3.8% over the year to October, outpacing expectations

Emma Partis | 1 minute read

Inflation exceeded expectations in October, but economists noted that the transition from quarterly to monthly indicators had clouded the outlook temporarily.

Gender pay gap narrows, remains above-average in professional services

The professional, technical and scientific services sector had the second-highest gender pay gap of all industry groups in 2024–25, the Workplace Gender Equality Agency has revealed.

Labour market, employment hits ‘flat patch’, says Deloitte

The private sector is having to “pick up the slack” as Australia’s unemployment rate is beginning to steadily climb as the government-led job boom slows down.

Deloitte forces court into ‘undesirable’ position in NT stolen wages class action

Deloitte won a bid to more than double its costs to administer the Northern Territory stolen wages settlement, but the chief justice of the Federal Court has made it clear this was “despite some misgivings”. ...

AI, social engineering driving fraud risks for accounts payable teams

Cyber security specialists have warned that AI and social engineering tactics, including impersonation and manipulation, are driving fraud threats for accounts payable teams.

Australia, Croatia sign first tax treaty between nations

The Australian government has unveiled its freshly signed tax treaty with Croatia to create and bolster a bilateral relationship.

Auditor-General raises concerns about Victoria’s fiscal position amid $50.6bn losses

The Victorian Auditor-General’s office has raised concerns about the state government’s fiscal sustainability as combined losses climb to $50.6 billion.

Productivity Commission invites submissions on GST distribution reforms
Treasury, accounting body welcomes IMF blueprint

Following the International Monetary Fund’s call on Treasurer Jim Chalmers to reform taxes and cut spending, the feedback and overall view of Australia’s economic and budget strategy were commended. ...

Commercial Finance Awards 2025 winners revealed
BDO Sydney cuts 4 partners, several team members from advisory team

To add to the big four’s continued shuffling, culling and addition of consulting teams, BDO has joined in on the action with a cut of positions in its advisory team.

OECD updates tax convention to clarify cross-border remote work arrangements

The OECD’s updated model tax convention has provided new and detailed guidance on the tax treatment of cross-border remote work arrangements.