With the fiscal deficit targeted at 3.3 percent of GDP, fiscal sustainability will require economic growth, sustainable revenue collection, expenditure discipline and stronger compliance, rather than higher tax rates alone.
This webinar, held on 7 October, shares fresh insights on the tax initiatives poised to have the greatest impact for financial services in the European Union.
This report examines the impact of persistently higher energy prices on households and businesses, as well as the policy response that may be required from the Bank of England to contain inflationary pressures.
KPMG is expecting the economy will avoid a hard landing, but the path back to stronger, more broad-based growth is likely to be challenging.
This webinar, to be held on Tuesday 20 October, will examine the draft legislation on implementing a 30 percent minimum tax on discretionary trusts.
Insurers must lodge a return for ESL on 30 September each year; failure to lodge on time could result in interest/penalties.
Overall, the proposed legislation contains several measures that should improve cashflow, reduce compliance costs and complexity.
Markets are betting that the Fed battle takes longer than Chair Warsh implied; they need higher rates to compensate for the loss in purchasing power associated with inflation.
Australia’s fintech landscape sees investment activity being increasingly concentrated in a smaller number of strategic transactions involving more mature fintechs.
Settlement deeds are a common feature of tax disputes; Egan v Commonwealth of Australia is a reminder that they are also difficult to escape, as highlighted by Kristie Schubert and Alex Macolino.
Although the High Court has resolved the central issue in Bendel, the decision leaves open several important questions and areas of uncertainty, as highlighted by Kristie Schubert, Brent Murphy and Aylin Harapoz.
Higher visa fees, increased salary thresholds, lengthy processing times and stronger compliance activity are reshaping Australia's skilled migration landscape, creating new cost and planning challenges for employers, as highlighted by Maria Hrambanis and Bianca Go.
KPMG’s Super Tax News covers the latest key superannuation tax updates.
This second article examines practical exposure points (fixed place of business and agency PE), compliance and enforcement considerations, and broader governance and residence implications for multinational groups.
What to look out for in terms of how Treasury has implemented the principles set out in the Budget night ‘Tax Explainers’.
KPMG’s annual, in depth super industry analysis shares comprehensive insights, data and trends affecting the superannuation industry.
This episode explores the 2026 Federal Budget’s key tax reforms, the economic outlook and business impacts across housing, investment and national resilience.
This episode unpacks how FBT operates in Australia and New Zealand, from structural differences and valuation approaches to compliance pain points and reforms reshaping both regimes.
KPMG’s Super Tax News covers the latest key superannuation tax updates.
The proposed rules recognise the commercial reality that higher debt levels may be necessary for infrastructure projects which are capital-intensive, as highlighted by KPMG NZ’s Robert Grignon and Emma Baines.
The relevance of Prime Minister Takaichi’s historic landslide election won’t lie in any single Japanese policy decision, but in how this shift affects inflation, debt sustainability, and liquidity across the region.
KPMG’s guide to preparing financial statements for investment funds under IFRS® Accounting Standards.
KPMG’s Super Tax News covers the latest key superannuation tax updates.
Given both the financial and reputational risks for employers when engaging in a remote work arrangement with an employee, it is critical that businesses are aware of their responsibilities and obligations prior to commencement, as highlighted by Hayley Lock and Tom Newsome.
This webinar highlight provides a recap on what Payday Super is, when it takes effect and the key changes from the exposure draft to the final Act.
Standards issued by the AASB and the IASB® Board applicable for years ended on or after 31 December 2025 and beyond.
KPMG’s biannual Australian Inflation and Cost Dynamics report is designed to provide unique and timely insights into the complexities of inflation and its driving forces within the Australian economy.
The redesigned code provides some optionality, allowing an avenue for businesses to provide additional tax contribution and approach to tax narratives, as highlighted by Phil Beswick, Val Misiura, Amanda Maguire and Katryne Chia.
The MAP and APA statistics provide a lot of data that can help businesses access the effectiveness of countries' Mutual Agreement Procedure and Advance Pricing Agreement programs overall, but also in respect of specific bilateral relationships.
We currently expect the Fed to cut one more time in December due to labour market weakness, but the optics of a cut while inflation is still moving up are not pretty, writes KPMG US Chief Economist Diane Swonk.
This webinar, held on Thursday 23 October, looks at some of the latest EU proposals that are likely to affect asset managers, banks and insurers.
KPMG Tax Analytics and Automation Partner Barry Sullivan says organisations should begin experimenting with the use of Artificial Intelligence, in a secure, approved environment.
KPMG’s Super Tax News covers the latest key superannuation tax updates.
With the risk of retaliatory tariffs receding, we expect on balance the net impact of increased trade frictions to be disinflationary, writes KPMG UK Chief Economist Yael Selfin.
This KPMG New Zealand publication discusses the key accounting impacts and considerations on the tax incentive.
Amid all the noise, one strong current ran through the discussion: a return to foundational tax principles, predictability, fairness, simplicity and adequate capacity.
This edition of Economic Compass takes a closer look at where the United States is in the rollout of tariffs, how long before the full effects kick in and how other policy shifts are likely to interact with tariffs.
The register aims to enhance transparency and provide prospective applicants with insights into the factors considered and conditions imposed, as outlined by Zuzana Paulech, Julia Bilyanska and Julie Locke.
KPMG’s Super Tax News covers the latest key superannuation tax updates.
Suspending the United States’ share of funding for the OECD could play into the BEPS 2.0 negotiations, as highlighted by John Gimigliano from KPMG’s Washington National Tax team.
ATO Assistant Commissioner Rob Thomson discusses key interest areas for individuals when it comes to lodging their tax returns, including the private health rebate, working from home deductions and superannuation checks.
This webinar, held on Tuesday 8 July, includes a discussion on strategies to prepare a public CbC report that aligns both with the EU and the Australian public CbC disclosure requirements.
Important tax changes were made to the House bill, with the removal of the proposed retaliatory tax in section 899, in view of tentative agreement among other members of the G7 to unspecified trade concessions.
This article explores three key themes currently being observed in transfer pricing controversy, as multinational taxpayers continue to grapple with ongoing developments.
This webinar, held on 11 June 2025, discusses key financial and strategic matters that may affect your business and personal wealth.
Some of the changes the Finance Committee proposes to make to the House bill may be controversial, even in the Senate, writes KPMG US’ John Gimigliano.
The immediate objective of the US Senate is to produce a bill that can be approved by that chamber, writes John Gimigliano.
This KPMG report provides superannuation market analysis using 2024 APRA data including fees, industry flows and expenditure, in addition to Chant West investment performance figures.
With 1 July 2025 approaching, James Alsop and Aylin Harapoz explore the impact of new measures aimed at reducing collectable debt owed to the ATO.
This edition of Economic Compass, from KPMG US Chief Economist Diane Swonk, provides an in-depth look at KPMG’s baseline forecast, which includes a shallow US recession.
Unemployment is expected to rise gradually, inflation is firmly in target and lower global economic growth is forecast – all factors allowing the RBA to signal a lower cash rate profile back to neutral, writes KPMG Australia Chief Economist Brendan Rynne.
Legislation before the US House includes measures to be imposed on certain foreign corporations and individuals if their home jurisdiction has adopted taxes deemed to be discriminatory or extraterritorial, including the undertaxed profits rule of Pillar Two, digital services taxes and diverted profits taxes.
KPMG’s Super Tax News covers the latest key superannuation tax updates.
KPMG Deals Advisory Tax Manager Dihan Fernando discusses his career to date, and what he gained from KPMG's Vacationer program.
The judgement in Tabcorp considers the application of the Taxation of Financial Arrangements (TOFA) rules to an arrangement that becomes a TOFA ‘financial arrangement’ once all the non-cash settlable rights and obligations in the arrangement have been satisfied.
The Hong Kong Government has adopted proposals to enhance certain tax policies and rules, including the tax incentives for funds and family offices.
The figures again show the RBA’s decision to cut rates in February would have been a line-ball call, despite the slowing economy benefiting from some easing of monetary policy, as outlined by KPMG Australia’s Chief Economist Brendan Rynne.
This KPMG International webinar, held on 26 February, focusses on the European Commission’s 2025 new work program.
This report contains standards issued by the AASB and the IASB® Board applicable for years ended on or after 31 December 2024 and beyond.
Implications from this case could potentially be broader than just 109D(3), with the decision leaving open the application of other provisions which deal with payments, loans and debt forgiveness made by trustees to a shareholder or an associate, as discussed by Brent Murphy, Kristie Schubert, Scott Farrell and Josh Cardwell.
KPMG Workforce Advisory Partner Hayley Lock discusses the ways graduates can make the most of their time working at KPMG and other professional services firms.
This report relates to the finalisation of the assurance phasing model and proposed amendments by the Federal Government to extend the modified liability setting to voluntary sustainability reports under certain circumstances.
KPMG Workforce Advisory Partner Hayley Lock, along with Manager Dihan Fernando, Consultant Tayla MacNair and Vacationer Andre Mascarenhas, discusses student and graduate career opportunities in tax in a professional services firm.
KPMG’s Super Tax News covers the latest key superannuation tax updates.
This article explores how MNEs can seize global opportunities by implementing strategic tax responses and business restructurings that are fit for the evolving landscape shaped by Pillar Two.
This webinar, to be held on Thursday 21 November, will review recent changes to legislation, emerging issues regarding superannuation and SMSFs, and what this means for planning for your retirement and succession.
This webinar, to be held on Thursday 14 November, will highlight current and emerging tax trends for banking and finance industry professionals.
KPMG’s Super Tax News covers the latest key superannuation tax updates.
This webinar, held on Wednesday 9 October, shares insights into some of the latest proposals that are likely to impact asset managers, banks and insurers.
We feel that the RBA is now in a position to re-think the warning it has given in its last two statements of the “need to remain vigilant to upside risks to inflation and the Board is not ruling anything in or out”, writes KPMG Senior Economist Michael Malakellis.
This webinar, to be held on Friday 4 October, will provide information on various direct, indirect and international tax matters impacting the insurance industry.
As the labour market tends to lag economic growth, we continue to maintain our expectation that the labour market will soften over the rest of the year, writes KPMG Australia Chief Economist Brendan Rynne.
The US Federal Open Market Committee has started the rate-cutting cycle with an outsized move, with analysis from KPMG US Chief Economist Diane Swonk.
This webinar, to be held on Wednesday 9 October, will share insights into some of the latest proposals that are likely to impact asset managers, banks and insurers.
This report provides an overview of key global and Australian fintech investment trends and highlights in the first half of 2024.
The ATO has set out its key focus areas for financial services and insurance organisations with regards to GST, as outlined by Anthony Versace and Rebecca Lawrence
