Our latest insights

Following on from our previous alert, the Australian Taxation Office (ATO) has finalised Practice Statement PS LA 2025/2, which sets out their administrative approach to the Commissioner’s discretion for granting an exemption from Public Country-by-Country reporting obligations. These rules require certain multinational groups to publicly disclose tax and financial information.

Sustainability reporting and assurance 2025 highlights & 2026 outlook for Australia

Recent findings from the Family Business Report 2025 reveal that cash-flow management and economic uncertainty are the most pressing concerns for businesses in the construction and real estate sectors.

The Aged Care Act 2024 has been in place for a month. Touted as a ‘once in a generation change’ to improve protections for consumers, it also seeks to stimulate investment in residential care services and improve care in the home with the new Support at Home Program.

The Australian Government has released exposure draft legislation proposing to exclude certain tobacco, vaping and gambling-related activities from the Research and Development Tax Incentive (RDTI). The intent is to ensure public funding does not support innovation that promotes harmful consumption behaviours, while maintaining eligibility for genuine harm-minimisation initiatives.

In this special episode of The Remarkables hosted by Jess Fox, Dylan candidly shares his experiences growing up, how sport changed his life and what’s next in his career. This chat brings together two athletes and friends who explore how sport fosters community, belonging and transformation.

The Full Federal Court has handed down its decision in AusNet Services Limited v Commissioner of Taxation. AusNet argued that its 2015 restructure did not qualify for rollover relief under Division 615, despite that it earlier said it did. This case serves as a reminder that once a tax election is made, it is very difficult to unwind. Careful planning and forecasting are critical.

On 10 November 2025, the Federal Court handed down its decision in Newmont Canada FN Holdings ULC v Commissioner of Taxation (No 2) [2025] FCA 1356.The case provides important guidance on the interpretation of ‘taxable Australian real property’ (TARP) under Division 855 of the Income Tax Assessment Act 1997 (Div 855).

How leadership teams can implement effective ML/TF risk management, ongoing AML/CTF compliance, and the successful definition and embedding of an organisation's AML/CTF compliance culture.

In today’s rapidly evolving landscape, the intersection of Artificial Intelligence (AI), technology, and workforce transformation is reshaping how we do business, collaborate, and grow. For professional services firms operating in a highly regulated environment, this shift presents both an opportunity and a challenge.

Australia’s new thin capitalisation rules significantly impact businesses with foreign ownership or offshore operations. If your business has debt deductions (such as interest deductions and borrowing costs) of more than A$2m, tax deductions could be denied under the primary ‘earnings tests’ (particularly if your EBITDA is low or negative due to early-stage losses, especially common in sectors like infrastructure and technology). To manage the above risk, the legislation offers an alternative test: the Third Party Debt Test (TPDT).

The long-awaited guidance from the ATO on a simple method for determining the home charging cost of electricity for plug-in hybrid vehicles (PHEVs) has been released. This comes in the form of a draft update to Practical Compliance Guideline PCG 2024/2.