PROFESSION • Carlos Tse

While the professional body has welcomed the government’s guidance on climate‑related transition planning, it has called for more targeted resources for investors and further policy development...

TAX • Carlos Tse

CPA Australia has welcomed the ombudsman’s consultation on its review into the ATO’s use of director penalty notices and its draft workplan, and has stressed that its independent voice is crucial...

PROFESSION • Miranda Brownlee & Malavika Santhebennur

The former chief operating officer has initiated legal proceedings in the Supreme Court of NSW against KPMG after being expelled from the firm last month.

TAX • Carlos Tse

One accounting body has urged the government to re-evaluate its approach to the consultation period for the second tranche of the CGT and negative gearing legislation to avoid significant correction...

TAX • Carlos Tse

Pitcher Partners has urged the government to lessen the compliance and complexity burden of its tax reforms for taxpayers, particularly privately controlled groups.

PROFESSION • Carlos Tse

The big four firm has reappointed Kevin Burrowes as chief executive for a second and final term, following his win by majority partner vote.

PROFESSION • Carlos Tse

In light of the 136 per cent increase year on year in DPNs issued by the ATO in 2024–25, and its findings in a 2025 review, the Tax Ombudsman has opened consultation for its review of the ATO’s...

PROFESSION • Carlos Tse

The second tranche of the CGT and negative gearing changes produces three avoidable outcomes, one investment management firm has said, making recommendations that can be made prior to 1 July 2027.

TAX • Miranda Brownlee

The association has said investors should be allowed to apportion a capital gain or loss on a straight-line basis based on the number of days the asset was held both before and after 1 July 2027.

PROFESSION • Carlos Tse

The Macquarie Bank board has withdrawn its recommendation to engage KPMG as auditor, retaining PwC, after the recently embattled firm failed to meet the bank’s criteria.

ECONOMY • Carlos Tse

In its latest corporate plan, Treasury has said that it will target equity, efficiency, and intergenerational fairness in its proposed major tax and spending reforms.