News

Insolvency volumes stabilised in the first half of the financial year, but increased pressures on businesses have sparked fears that insolvencies could rise again this year, says Insolvency Australia.

Fatima Payman has said the government should introduce changes to the CGT discount and negative gearing now, rather than delay potential reform.

Deborah O’Neill has raised “serious concerns” about alleged misconduct at KPMG, including breaches of independence and the misuse of confidential information, following a whistleblower tip-off.

The US-Israel attack on Iran and the subsequent regional and geopolitical conflict that has ensued have disrupted approximately 20 per cent of the global supply of oil and gas, thereby significantly increasing prices for ener...

As CPA Australia celebrated its 140th anniversary at a gala dinner in Sydney in March, the accounting body has emphasised the continuing need for trusted, accountable professionals.

Australian companies and not for profits are turning to M&A deals to secure their futures amid an increasingly volatile economic environment, surveys have indicated.

Despite the importance of artificial intelligence in streamlining workflows and freeing up time for more strategic work, one expert has reflected on how these impacts are changing accounting roles.

Law firm Clayton Utz has welcomed former senior ATO litigator Rimma Miller to its Sydney office in a move to bolster the firm’s tax practice.

Crossbench senators have doubled down on their calls for a new tax on windfall gas profits as conflict in the Middle East threatens Australia’s energy security.

Senators have questioned the professional bodies about whether increased private equity ownership of accounting firms is creating a conflict with accountants' ethical obligations.

Insolvency rates for businesses overall have returned to long-run averages but remain elevated in certain industries, according to a report by the central bank.