Our latest insights

In this edition of our Australian International Tax Update, we summarise recent significant Australian tax developments, examine their practical impact, and outline actions that multinational groups, foreign investors, private equity funds and international advisers should consider.

Following the release of Exposure Draft legislation on 10 April 2026, on 2 July 2026 the Government introduced the Treasury Laws Amendment (Strengthening Accountability for Tax Adviser Misconduct and Other Measures) Bill 2026 into Parliament.

FY26 was a defining year for Australia's Research and Development Tax Incentive (RDTI), and for the wider conversation about how Australia funds innovation.

Payday Super – Sports persons, entertainers and influencers: SG timing risks, payment visibility and employer obligations.

Explore tax strategies to manage labour, fuel, import and cash flow pressures in construction.

The Australian Government has released the final report of the 2026 Independent Review of the Export Market Development Grants (EMDG) program.

Receiving a notice to pay GST from the Australian Taxation Office (ATO) can be unsettling, particularly if it arrives unexpectedly or at a time when cash flow is under pressure. However, receiving a GST bill does not necessarily mean you have done something wrong.

Fuel tax credits update covering ATO scrutiny, compliance risks and rate changes.

Loss carry back Australia 2026 helps companies turn tax losses into refunds and improve cash flow.

The NSW Budget 2026 focuses on health and education spending, with slower growth forecasts, rising debt and targeted foreign investor duty relief measures.

On Tuesday 23 June 2026, Treasurer David Janetzki handed down his second state budget alongside Premier David Crisafulli. Deficits are forecast throughout the forward estimates, with a surplus of $619m projected for 2029-30.

The Government has announced revisions to several tax measures in the Budget, affecting capital gains tax treatment for small businesses, a special carve-out for start-ups, and a conditional exclusion for discretionary testamentary trusts from the 30 per cent tax on trusts.