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.
Tax Office quizzed on cash-flow boost backlog
It is now understood that a recalibration of the ATO’s dataset over the past weekend should ensure the cash-flow boost payments are processed...
Agents regain access to deceased estate data
Agents who have been appointed by an executor or administrator will now have direct access to a deceased taxpayer’s information on the ATO’s...
Tax agent deregistered for false SMSF declarations
The agent had included details of an SMSF auditor in the tax returns, including in his own SMSF tax return, when he knew the returns had not been...
Lodgement extensions critical as 3 out of 4 agents fall behind
A Tax & Super Australia (TSA) survey of 530 accounting professionals has found that a blowout in increased workloads from the government’s...
Sushi operators hit with record penalties for underpayments
HSCC Pty Ltd, HSCK Pty Ltd and HSPF Pty Ltd, which operate Hero Sushi outlets in Newcastle, Canberra and the Gold Coast, have each been penalised...
ATO cools tax debt approach amid crisis
Earlier this month, ATO second commissioner Jeremy Hirschhorn told a parliamentary inquiry that the ATO would adopt a “sympathetic and...
Early super access possible while under JobKeeper
Under Regulation 6.19B(1A)(e) of the Superannuation Industry (Supervision) Regulations 1994 (SIS) relating to eligibility to access super early...
Division 7A minimum yearly repayment guidance inbound
An online statement by the ATO has now revealed that the commissioner “will soon be issuing further guidance” for taxpayers with minimum loan...
Joint bodies look to capitalise on ASIC’s licensing ease
Last month, the corporate regulator relaxed licensing requirements for accountants to provide advice to existing clients about the early access...
Industries seeking early super ‘in line with expectations’
According to an analysis by AMP, the hospitality and the arts and recreation industries have seen the highest rates of workers applying for early...



















