As detailed by Kristie Schubert and Aylin Harapoz, Kuppan reinforces two principles: procedural fairness constrains reliance on confidential evidence, and unexplained wealth may contribute to establishing the requisite danger needed for a freezing order.
Australia’s inflation ‘problem’ is more complicated than just one of those external pressures, writes KPMG Australia Chief Economist Brendan Rynne.
The Fed must restore its credibility, protect purchasing power and convince investors that inflation will return to target; displace the muscle memory now or pay more later, writes KPMG US Chief Economist Diane Swonk.
The package includes the framework for legislative peer reviews and additional administrative guidance on explicitly conditional taxes and qualified domestic minimum top-up taxes.
This KPMG International webinar, held on Thursday 27 August 2026, covers the impact of AI on the value chain, practical approaches to implementing and monitoring transfer pricing, and methods for managing controversies.
Most consumers have become more judicious in how they use credit in a world where interest rates and inflation are much higher than they were pre-pandemic, writes KPMG US Senior Economist Benjamin Shoesmith.
What's most concerning is the fact that core inflation remains stubbornly high, ticking up - albeit slightly yet again - despite several successive interest rate rises already this year, writes KPMG Australia’s Chief Economist Brendan Rynne.
From a multinational tax perspective, the measures reinforce a continued alignment with global reform settings, and a more targeted approach to taxing economic activity connected to Australia.
This webinar, held on Wednesday 29 April, features insights on the tax initiatives poised to have the greatest impact on financial services.
Put simply, the inflation genie never quite got back in its bottle, and the RBA is now having another go, writes KPMG Australia Chief Economist Brendan Rynne.
This KPMG International webinar, held on Friday 6 March, provides analysis of different approaches to greenwashing regulation from jurisdictions around the world.
The US labour market remains a one-legged stool, so much so that when the one sector supporting it suffers a loss, the total slips into the red, writes KPMG US Chief Economist Diane Swonk.
The report by KPMG UK’s David Wren provides an analysis focused on bank-specific taxes, such as those taxes that only or predominantly apply to banks.
This report looks at how leading organisations are redefining global mobility with personalisation, technology and agility for a workforce ready for the future.
The withdrawal of energy rebates, seasonality swings in holiday costs and wage growth powered by public sector demand weren’t strong enough to counter the rising concerns of the RBA, writes KPMG Australia Chief Economist Brendan Rynne.
The reasons for the pause in cuts are ample; data disruptions due to the government shutdown last year have left us with an unclear assessment of where inflation is, let alone where it is going, writes KPMG US Chief Economist Diane Swonk.
The Fed risks losing its inflation fighting credibility by focusing more on shoring up employment than stemming inflation, writes KPMG US Chief Economist Diane Swonk.
If the US Fed doesn’t cut interest rates, it risks a recession, and if it cuts too aggressively, it could stoke a more persistent bout of stagflation, writes KPMG US Chief Economist Diane Swonk.
A strict interpretation of the guidance will mean that taxpayers with almost any form of offshore operations or investment will be practically excluded from relying on the third-party debt test, as detailed by Minh Dao, Katrina Piva and Amanda Maguire.
The finalised guideline is broadly in line with the draft version, however there are some areas that the final PCG does not address, as outlined by Stephen Carpenter, Hannah Hesse, Stacey Hannam and Julia Klarich.
The Fed is now a little more worried about growth than inflation, but most participants at the meeting were not looking to make aggressive cuts, writes KPMG US Chief Economist Diane Swonk.
The proposed change is aimed at taking NZ tax out of the equation for those who may choose to spend some time in the country, including as part of a “remote working” arrangement, as detailed by Darshan Elwela.
The 2025 budget introduces various tax proposals, including a new 20 percent ‘investment boost’ tax deduction for business assets, and changes to KiwiSaver settings.
We are unlikely to see consecutive drops in the cash rate, due to a mixture of global economic uncertainty and local concerns surrounding the re-emergence of inflation pressures, writes KPMG Australia Chief Economist Brendan Rynne.
This webinar, held on 6 May 2025, provides a regulatory update, shares the developments on assurance activities and discusses key implementation challenges.
The challenges of the FIF rules are not limited to new and returning Kiwis and we would welcome the further extension of the revenue account method, as outlined by KPMG NZ’s Rebecca Armour.
Transfer Pricing National Leader Tim Keeling and Tax Governance Partner Phil Beswick discuss the Australian public country-by-country (CbC) reporting rules which are based broadly on the Global Reporting Initiatives' (GRI) Sustainability Reporting Standards.
The ATO may review and apply compliance resources in circumstances where an Australian entity that holds passive assets are ‘restructured’, so that it then is able to qualify as a MIT, where there is no clear commercial rationale for such restructure, as detailed by Matt Ervin, Shirley Lam and Tasha Chen.
Reduction of tax debt is a major concern for the Commissioner of Taxation with swift, deliberate and targeted recovery action foreshadowed – “repeat offenders” are specifically in focus.
At a headline level, the data suggests the labour market is continuing to defy the weakness we are observing in the private sector of the economy, writes KPMG Chief Economist Brendan Rynne.
Taxpayers that are considering undertaking restructures or refinances in relation to debt, should review the guidance against their own circumstances to identify the risk that the ATO will seek to apply the anti-avoidance provisions, as outlined by Stephen Carpenter, Katrina Piva, Josh Cardwell, Matt Ervin and Amanda Maguire.
As detailed by Stephen Carpenter, Hannah Hesse, Stacey Hannam and Tom Beddoe, care needs to be taken with the new provisions in relation to franking credits when there has been or will be a capital raise.
We believe the RBA will still want to see core inflation well below the top of the target band before it moves on reducing the cash rate, writes Brendan Rynne.
The tax implications of transactions that involve ACCC approval can be complex and the downside risk for shareholders can be material, as detailed by Stacey Hannam, Mark Taylor, Kate Kneen and Ceithleann Ni Chonluain.
