News in brief… 28 April 2026

Commissioner’s appeal allowed in Toowoomba Regional Council tax dispute; Senate committee releases report on inquiry into new auditing standard-setting body bill; Federal Government responds to committee recommendations on instant asset write-off legislation; Report on independent review of Australia’s sovereign debt manager released; ATO update: Work-related deductions, omitted income errors under focus this tax time; Tax wedge rose in majority of OECD countries for four consecutive years