PROFESSION • Malavika Santhebennur

ASIC has informed Mineral Resources that it will not take any enforcement action after an investigation into alleged tax evasion.

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.

PROFESSION • Malavika Santhebennur

Michelle Hinchliffe, Macquarie director and a former KPMG partner, had contact with key KPMG personnel while the accounting firm was bidding for Macquarie’s audit contract, the bank has admitted.

PROFESSION • Malavika Santhebennur

The accounting firm at the centre of an audit misconduct scandal has argued against mandating structural separation to combat conflicts of interest in multidisciplinary firms.

PROFESSION • Malavika Santhebennur

The Australian Institute has said that the scandal-ridden big four accounting firms should undergo a structural separation to address conflicts of interest.

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 • Malavika Santhebennur

With Treasury flagging that further tranches of legislation are needed for the CGT and negative gearing reforms, a submission argues this only increases uncertainty and costs to taxpayers.

PROFESSION • Malavika Santhebennur

The professional body has urged the government to defer the start date of the CGT and negative gearing legislation and give tax practitioners more time to implement new systems.

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 use of DPNs.

PROFESSION • Malavika Santhebennur

Amid the ongoing KPMG audit scandal, a former whistleblower has questioned the lack of proportionate repercussions for wrongdoing in accounting firms.