4+ hour, 29+ min ago  (289+ words) ASIC has accepted an auditor's application to cancel his own registration after the regulator raised concerns about his compliance with independence and conflict of interest requirements. Last Friday (24 April), corporate watchdog ASIC accepted Douglas Trood's application to cancel his registration…...

20+ hour, 28+ min ago  (749+ words) Labor's Expenditure Review Committee is reportedly considering axing the 50 per cent CGT discount and returning to inflation indexing. The government is reportedly considering replacing the 50 per cent capital gains discount with inflation indexing, in a return to pre-1999 policy settings....

1+ day, 4+ hour ago  (354+ words) A report authored by two former state premiers has proposed a new roadmap for tax reform based on an evaluation of the tax system over the past 25 years. Authors of a new tax reform report commissioned by Mc Kinnon, former…...

1+ day, 20+ hour ago  (474+ words) A prolonged oil shock could cost Australia's economy $42 billion throughout 2026, modelling from EY has found. The closure of the Strait of Hormuz could have vastly varying impacts on Australia's economy depending on how long the disruption lasts, modelling from EY…...

2+ day, 9+ hour ago  (543+ words) The Albanese government has signalled there is no change in its position on gas export taxes despite the intense pressure on the issue. The Labor government has copped criticism from the Greens Party of Australia, with the government expected to…...

2+ day, 20+ hour ago  (344+ words) Accounting Times" sister brand Accountants Daily and principal partner Pinch are delighted to announce the winners of the second annual Rising Stars Awards. A total of 17 winners have been revealed for the Rising Stars Awards 2026, hosted by Accountants Daily, in…...

3+ day, 15+ hour ago  (670+ words) Walking the narrow path that delivers both low inflation and low unemployment could become increasingly difficult for the Reserve Bank amid rising inflation pressures, KPMG's economists have warned. Inflation pressures, declining household consumption and flat productivity growth is likely to…...

5+ day, 20+ hour ago  (721+ words) The once tightly defined role is now moving with the times, according to Pitcher Partners, leaving some to ask how much is too much and where it ends. In its first Business Radar report for 2026, the accounting association has issued…...

6+ day, 20+ hour ago  (700+ words) Ahead of this year's budget, a leading economist has said that Australia's tax system needs more than a few tweaks to address intergenerational equity and productivity concerns. AMP economist Shane Oliver (pictured) has called on the government to embark on…...

1+ week, 1+ day ago  (773+ words) Introducing an additional tax on gas exports could reduce investment and supply, push up energy costs for Australians, and undermine energy security, the Business Council of Australia has said. The government has been warned against introducing an additional tax for…...