From apimagazine.com.au: The outcome of the election will impact public spending, regulatory changes, and investor strategies in the commercial property market.
Global trade tensions and interest rate shifts also play key roles in shaping the economic landscape for commercial real estate.… read more
From alvarezandmarsal.com: The State Taxation Administration and Ministry of Finance have released a draft revision of the PRC Tax Collection and Administration Law that proposes significant changes to taxpayer obligations, including expanded anti-avoidance measures and uncapped late payment surcharges.… read more
From asic.gov.au: ASIC issued two infringement notices totaling $37,560 to Chapter Two Holdings Pty Ltd for misleading statements regarding debt management outcomes on its website, claiming the company falsely stated it had wiped $80 million in debt and saved consumers $30 million in interest.… read more
From hlb.com.au: Australian M&A activity in Q3 FY2025 showed a decrease in the number of transactions, with 161 deals completed compared to 228 in Q3 FY2024, a 29% decline.… read more
From www.accountingweb.co.uk: EY has faced significant criticism and financial penalties for failing to conduct proper audits, most notably in the case of Thomas Cook, which left £1.7 billion in debt and jeopardized thousands of jobs.… read more
From moneymag.com.au: Olivia encountered significant challenges in managing her late husband’s affairs, including cancelling flights and accessing financial accounts, highlighting the need for more compassionate processes for grieving families.… read more
From sophiegrace.com.au: AFS licensees must avoid offering financial or credit products during unsolicited contact, as it is a strict liability criminal offense under the Corporations Act.… read more
From gtlaw.com.au: Global trends show significant growth in AI investment, with a pronounced focus on generative AI and specialized industry applications.
Enterprises are increasingly adopting AI, impacting productivity, labour markets, and global competition for AI talent.… read more
From gtlaw.com.au: April 2025 highlights include updates on DGR categories for environmental and cultural organizations, and insights from the ACNC on charity obligations and scam warnings.… read more
From www.ifa.com.au: The proposed $3 million super tax by the Labor government has triggered significant pushback, yet both major political parties continue to propose policies that could undermine the tax system.… read more
From insightfulaccountant.com: Julie Smith, Practice Manager at Harper & Co. CPAs, discusses the importance of having a practice manager in accounting firms in the Accounting Insiders Podcast.… read more
From www.icaew.com: (UK context) Emeritus Professor Alexander Pepper critiques the trend toward adopting US-style high CEO pay in the UK, arguing that it is based on flawed reasoning and fails to account for significant economic differences between the two nations.… read more
From www.icaew.com: Green budgeting integrates climate and environmental considerations into government budget frameworks to promote sustainability and align public finance with environmental goals.
Countries like Denmark, France, and Norway have begun using environmental impact assessments as prerequisites for budget proposals, highlighting the importance of transparency in public spending.… read more
From www.icaew.com: (UK context) Nature-related risks and opportunities are becoming integral to accountancy firms, as seen in the initiatives by Saffery, which is expanding its services to include climate and nature-related reporting.… read more
From www.accountingtoday.com: (US context) The Treasury Department and the IRS plan to withdraw regulations that classified basis-shifting transactions among partnerships and related parties as “transactions of interest,” which had previously been targeted for penalties.… read more