PROFESSION • By Malavika Santhebennur

Taxpayer fails to have interest waived on unpaid land tax

A taxpayer’s application to waive interest charged on his unpaid land tax for 2025 and 2026 across five NSW properties has been rejected after he failed to prove it was justified.

Directors don’t need to be finance experts for financial statement reviews

While some company directors may not have significant financial acumen, they must ensure that the company’s financial statements are properly prepared to avoid potential penalties.

PROFESSION • By Carlos Tse

Corporate reporting entities stress collaboration, strong documentation for sustainability reporting

Some of Australia’s biggest companies reflected on how they tackled the first wave of mandatory sustainability reporting at an accounting body’s event earlier this month.

PROFESSION • By Carlos Tse

Reporting thresholds for proprietary companies ‘arbitrary’

The government’s proposal to double the large proprietary company thresholds is “purely arbitrary” and without basis, according to a financial reporting and auditing specialist.

PROFESSION • By Malavika Santhebennur

ASIC’s approval of auditor applications stubbornly low

The corporate regulator approved less than a quarter of all auditor applications in 2025–26 even as auditor numbers shrank, according to a new report.

PROFESSION • By Malavika Santhebennur

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