Tom Ravlic

A company director will review the culture of embattled accounting firm PwC as the federal government works out how to deal with the consequences of the tax leak scandal.

Let’s be clear: there is nothing like a story involving a global brand, a scandal and questions about why a firm went like PwC used confidential information.

The ATO is concerned people looking to comply with the law will rely on tools that produce unreliable information — especially if those AI responses use information sourced overseas.

CPA Australia has sent an eight-page pre-budget submission to the ACT government recommending engagement with a broad cross-section of stakeholders to develop laws and regulations for the territory.

The behavioural economics team known as BETA has crafted materials in association with Safe Work Australia to adapt return-to-work materials for use for small-to-medium enterprises.

The federal government has set aside $402 million to fund Jobs and Skills Councils over four years to deal with skill shortages.

The ATO has spent much of the past year finalising its views on what kinds of transactions involving trusts and beneficiaries might cause them to poke and prod a bit further.

Melbourne is the only Australian city to be in the top 10 of the most liveable cities in the world for 2022, according to the Economist Intelligence Unit's annual ratings.

Reserve Bank governor Philip Lowe also says inflation will hover above 3% in two years.

A flood-assistance package has been agreed upon between the federal and NSW governments to assist businesses and not-for-profit organisations.

Almost 1300 complaints and referrals were assessed by the Tax Practitioners Board during the 2021-22 financial year.

A federal Treasury paper published last week said women get a “motherhood penalty” — their earnings are reduced by more than half for the first five years of being a parent.