News in brief… 24 June 2026

ATO advice and guidance; Weak coal, iron ore demand causes drop in overall operating profits in Australia in 2024-25: ABS

ATO advice and guidance The Australian Taxation Office (ATO) released its latest advice and guidance on Wednesday 24 June 2026, which includes a draft and updated practical compliance guideline, a taxation determination, three class rulings, and a product ruling. Draft Practical Compliance Guideline PCG 2026/D3 Dynamic pay as you go instalments and general interest charge on excessive variation – ATO compliance approach This draft Guideline outlines the Commissioner's proposed pra...

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Published Date: 24 June 2026