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.
Secret super tax costing over $500m
Despite the gender super gap between men and women, the government has refused to pay super on top of parental leave schemes. Read more at...
Melbourne accountant gets 2 years for $135k GST fraud
After pleading guilty to two counts of dishonestly obtaining a gain from the Commonwealth, Melbourne businessman and former accountant David...
Adelaide man accused of $38.5m tax fraud
Adelaide Magistrates Court charged a 74-year-old man with tax fraud on Friday, alleging that he defrauded the Australian Taxation Office (ATO) of...
COVID-19 disaster payments to be tax-free: Prime Minister Scott Morrison
Mr Morrison told ABC Radio on Thursday morning that the federally funded income support scheme would now provide tax-free payments of $750 a week...
MP calls for Hayne Royal Commission recommendations to be scrapped
During a House of Representatives standing committee on Thursday, Liberal MP Jason Falinski made the call after speaking with AFA heads who said...
‘Mammoth consequences’: ATO’s NALI ruling draws ire from accountants
First issued as a draft in September 2019, the finalised Law Companion Ruling 2021/2 issued on Wednesday, which clarifies the ATO's...
ATO processes $5.3bn in tax refunds in under a month
Australians in lockdown may have used the extra time on their hands to get their tax returns lodged early. Over 2.1 million refunds have arrived...
Annual inflation for June quarter sees spike
The latest ABS CPI for June showed that inflation increased to 3.8 per cent following a rise of 1.1 per cent in the March quarter however...
‘Give us a fair go’: Practitioners left scratching their heads over ASIC’s latest estimated industry funding levy
ASIC released its latest cost recovery implementation statement for the 2021 financial year last week which shows that costs allocated by the...
ACCC to take a closer look at competition in online marketplaces
After its high-profile stoush with digital giants Google and Facebook, the Australian Competition and Consumer Commission has moved to put...




















