TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
Key groups call on PM to ‘halve emissions by 2030’
The Better Futures Forum, which also includes the AMA, City of Sydney and Oxfam, has signed an open letter urging the Prime Minister to “match...
NSW opens consultation with accountants to resolve grant hiccups
The Tax Institute, Chartered Accountants Australia and New Zealand, CPA Australia, and the Institute of Public Accountants are now meeting with...
Labour shortages fail to lift wages
Figures released by the Australian Bureau of Statistics (ABS) showed that the seasonally adjusted wage price index (WPI) rose by 0.4 per cent in...
ATO releases draft ruling on NALI interactions on super contributions
The update to TR 2010/1 explains the proposed interactions between the non-arm’s length income (NALI) provisions and the rules concerning...
Almost 1 in 2 investors committed to net zero
The Investor Group on Climate Change’s annual investor research surveyed around 50 institutional investors in both countries with combined assets...
Gender diversity without pay parity puts businesses at risk, new study finds
Eighty per cent of Australian companies are paying their male executives 30 to 35 per cent more than their female counterparts, research from the...
Calls for stamp duty reform intensify ahead of housing affordability inquiry
The federal parliament’s standing committee on taxes has turned its attention towards the property sector, announcing a formal inquiry into...
Australia’s financial sector balloons to just under $11 trillion
Stats released by Roy Morgan’s Banking and Finance Report revealed that Australia’s total market for financial services grew by a record 13.2 per...
AAT reduces penalties for reckless claims based on incorrect tax agent advice
The Administrative Appeals Tribunal has agreed to remit taxpayer Ahamed Munkayilar’s $6,065 administrative penalty by 85 per cent after finding...
ASX companies working to ‘enhance ESG performance’
Research house Regnan's 2021 Engagement Impact Report, noted 44 companies including Australian super fund HESTA, BHP Group and Rio Tinto are...
