Australia has commenced consultations on draft legislation to strengthening the integrity of the tax system and increasing the power of regulators.
September 21, 2023The maximum penalties for tax advisers who promote tax exploitation schemes will increase 100-fold to more than A$780mn.
August 8, 2023PwC entered into a confidential settlement with the Australian Tax Office in March, though details of the settlement remain undisclosed.
August 1, 2023Deloitte Australia's CEO Adam Powick told a Senate committee his position is not worth a salary that is seven times that of the prime minister's.
July 19, 2023Former KPMG partner Brendan Lyon called for changes in how the accounting profession is regulated to restore public trust and ensure integrity in financial reporting.
July 19, 2023The PCAOB is reviewing audit reports of about a dozen New York-listed Chinese companies - all clients of PwC, EY and Deloitte.
July 11, 2023Lawmaker Richard Colbeck has called for a wider probe into PwC, saying the information released to date showed the scandal "extended internationally".
June 27, 2023A Russian hacker group known as CL0P exploited a vulnerability in MOVEit, a third-party software platform used for secure data transfer.
June 22, 2023A study by PwC Singapore and NUS Business School found that only 51 percent of the top listed companies in 14 APAC markets disclose net-zero targets.
June 12, 2023The paper says the GBA is an ideal launch pad for CBDC pilots given its use of three different currencies and monetary authorities.
June 7, 2023