Matthew Taylor

Pitcher Partners has provided an update on the proposed changes to discretionary trusts, noting that testamentary trusts have secured a major win, with genuine structures proposed to be exempt from the new 30 per cent minimum tax.

The Twins lost back-to-back walk-off games in Seattle, but while Derek Shelton's strategy made sense on Saturday, Sunday's decision is much harder to defend.

The Institute of Public Accountants has welcomed the opportunity to provide feedback on the Minimum tax on discretionary trusts consultation paper.

The noise surrounding the significant reforms announced in the budget is unlikely to ease any time soon, with both the accounting profession and businesses facing big challenges ahead, tax specialist Robyn Jacobson has said.

ASIC has launched Federal Court proceedings against Auditeo Australia and two auditors over alleged serious audit failures linked to the First Guardian Master Fund.

The new Twins chairman said he would be aggressive when the time came. At this year's trade deadline, he backed up those words.

Accounting software provider Reckon has reported its first-half results, delivering significant growth in FY25 while maintaining revenue and EBITDA in constant currency and growing NPAT.

The Fair Work Ombudsman has signed enforceable undertakings with the operators of two Asian grocery stores in Sydney, which have collectively rectified more than $706,000 in underpayments to 146 workers, including vulnerable visa holders.

Minnesota's search for a right-handed bat didn't end at the trade deadline.

Wilson Asset Management has outlined several recommendations in its submission to Treasury's consultation paper on minimum tax on discretionary trusts.