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PROFESSION

By Malavika Santhebennur

ATO cracks down on alcohol remission scheme rorts

The Tax Office has said it is expanding its compliance action against businesses that it suspects are rorting the excise remission scheme for alcohol manufacturers.

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Turia Pitt to keynote Women in Finance Summit 2026

PROFESSION • Malavika Santhebennur

The Women in Finance Summit is returning in November 2026 with a refreshed focus on deliberate, high-value networking and practical career growth strategies.

Government to delay taking action on insolvency reforms

PROFESSION • Miranda Brownlee

The government has said it will hold off on adopting any recommendations from the insolvency inquiry until it has completed its inquiry into business dynamism.

Grant Thornton Australia completes $1bn buyout with global platform

PROFESSION • Carlos Tse

The Australian firm has completed its transaction to join the Grant Thornton Advisors multinational platform, adding to its nearly 20 firms across the Americas, Europe, the Middle East, and the Asia-Pacific region.

1 in 8 cafes, restaurants hang ‘out of business’ sign on doors

PROFESSION • Malavika Santhebennur

Hospitality businesses have closed at nearly twice the national rate in the past year due to mounting operating costs, cost-of-living pressures, and higher wages.

Capital raising transition changing market composition, research finds

PROFESSION • Carlos Tse

According to the latest CA ANZ data, more companies are forgoing ASX listings amid cost and compliance pressures and are considering private capital.

Appointments announced for governing council of External Reporting Australia

PROFESSION • Miranda Brownlee

The Assistant Treasurer has revealed the members of the inaugural governing council for the new regulatory body, External Reporting Australia.

SMSF Association backs SMSF levy rise ‘in the short term’

PROFESSION • Malavika Santhebennur

While noting that it has always opposed SMSFs paying a CSLR levy, the association has said it sees the need for the measure announced by the government and for the SMSF sector “to step up in the short term”.

KPMG reportedly cutting hundreds of jobs

PROFESSION • Malavika Santhebennur and Amelia McNamara

KPMG is rumoured to be undertaking large-scale redundancy proceedings in the wake of the ongoing audit scandal and subsequent parliamentary scrutiny.

Labor taking concerns about safeguards for TPB powers 'seriously', says MP

PROFESSION • Miranda Brownlee

Labor has said there is broad support for extending the TPB’s enforcement toolkit, but has acknowledged that important questions have been raised during the consultation on the proposed powers.

Tags: News

KPMG to identify ‘off the books’ whistleblowers post-hearing

PROFESSION • Malavika Santhebennur

Amid ongoing scrutiny into its treatment of whistleblowers, KPMG will provide information on how many whistleblowers were managed “off the books”.