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.
Bosses’ $1.5b salary sacrifice windfall
Each year approximately 370,000 employees are unwittingly short-changed because, by making salary sacrifice contributions to super, they reduce...
Government extends inquiry into financial services sector
The Morrison government has asked the House of Representatives standing committee on economics to inquire into progress made by relevant...
TPB review mulls over higher education standards for tax and BAS agents
A discussion paper leading the independent review of the Tax Practitioners Board has now been released by independent review chair Keith James,...
Fight against dodgy tax agents sees challenges
Over the past month the Australian Taxation Office and Tax Practitioners Board have warned the Australian public to do their homework before...
‘No industry is immune’: What accountants should know about the underpayment saga
As the government moves to criminalise wage theft in the wake of a number of high-profile wage underpayment cases, including the latest example...
South Australian man receives jail time after attempting to cheat the tax system
South Australian man Adam Hamshere, has been sentenced to 2 years and 4 months jail after he used his accounting knowledge to set up a fake...
‘Onerous’ SG regime called for urgent rethink
Last week, the government introduced Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019, which crucially left out the...
ATO reveals top 5 bizarre expense claims
Nearly 700,000 taxpayers claimed almost $2 billion of ‘other’ expenses, including non-allowable items such as dental costs, child care and Lego...
Government to outlaw grandfathered commissions
The ruling follows from a recommendation of the Hayne royal commission to end the payment of grandfathered commissions. Read more at the...
Criminal penalties for cash payments planned for next year
In order to combat the black economy, the government is introducing a $10,000 cash payment limit for transactions between businesses and...




















