Deputy Editor, BusinessDay. Reporting on tax and regulation.
Australian businesses are not doing enough to tackle slavery in their supply chains, a federal inquiry has heard, but big companies have warned against "overly-prescriptive" laws in a bid to stamp out the problem.
The plan was among big-four-bank incentive plans that came under fire in a review.
It's a pretty simple concept that some of corporate Australia is yet to grasp: companies that set and measure gender diversity targets are more gender diverse.
Shares in retirement village giant Aveo slumped on Monday following news Australia's consumer watchdog will launch an investigation into the company.
Individuals and small business taxpayers are still encountering ATO officials who take an "unnecessary, belligerent stance" when it comes to resolving disputes, one of Australia's largest accounting bodies says.
One-third of drivers involved with ride-sharing services such as Uber are yet to register for GST or to fully declare their income.
Higher-than-expected tax deductions relating to cars, travel, clothing, internet and mobile phones, and self-education expenses are among the top claims the tax man will be keeping a close eye on this tax time.
The Australian Taxation Office's high-profile area targeting high-wealth individuals that former deputy commissioner Michael Cranston headed will be a key focus in a wide-ranging review of the agency.
Employers letting their staff use ride-sharing services such as Uber, rather than a licensed taxi, could be liable for fringe benefits tax, the Australian Taxation Office says.
Without addressing complexity in our tax system, there's no hope of stopping individuals from overclaiming and engaging in illegal cash economy activity.
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