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.
ATO tax governance scrutiny driving corporate transformation
With the Tax Office changing its approach to engaging with businesses, Thomson Reuters regional lead for strategic alliances and global firms,...
Election – A swinger by any other name
18 May 2019, where Australians go to the polls or, like me, have chosen for the mail-in option to avoid queues. Yes, I will miss the sausage...
New client authorisation solution set to debut
The ATO is currently trialling a new digital service called Relationship Authorisation Manager (RAM) that will allow individuals and businesses...
What Vote Compass tells us about voters’ views on negative gearing
If elected, the Labor Party plans to limit negative gearing to new housing and halve the capital gains discount from 2020. The changes would not...
What did the banking royal commission say about SME lending?
Over the course of its hearings, the royal commission received 10,140 submissions – almost two-thirds of which (61 per cent) related specifically...
ASIC bans Queensland financial adviser for five years
ASIC's surveillance looked at advice Mr Forster provided to clients while he was an authorised representative of Australian Financial Services...
Banking watchdog promises ‘constructively tough’ approach to enforcement
The Australian Prudential Regulation Authority (APRA)'s pledge to take a harder line comes after the Hayne royal commission criticised financial...
Labor’s $75k pension exemption limit flagged as a possibility
Back in 2014, Labor announced a proposal to tax superannuation earnings above $75,000 a year at 15 per cent. Read more at the Accountants...
IGT shoots down suggestion it makes ‘excuses for the Tax Office’
In a tense exchange with Senator Rex Patrick during a Senate estimates hearing, acting Inspector-General of Taxation Andrew McLoughlin pushed...
‘Have to have STP-enabled software’: ATO confirms submission approach
Speaking on an ATO webcast, assistant commissioner John Shepherd said that he often gets asked whether the Tax Office will allow STP reporting to...
