Angela Bensemann

What the risk-based approach means for accountants and lawyers after 1 July 2026. 1 July 2026 has passed. For accountants and lawyers, the question is

Introduction The May 2026 Federal Budget included proposed changes to Australia’s capital gains tax rules. While most headlines have focused on property investors, these changes

Recent decisions in Star Recruitment Service Pty Ltd v Smith and Re Gemwood Projects Pty Ltd (in liq) highlight the increasing scrutiny courts are applying

You may have seen our earlier commentary on AML/CTF (Anti-Money Laundering and Counter-Terrorism Financing) and its implications for professional firms.

The wait is over. AUSTRAC has released its long-anticipated Tranche 2 “Reforms Guidance”, setting out how Australia’s expanded AML/CTF regime will apply to professional service firms from 1 July 2026.

As a Kiwi who moved to Australia in 2008, I’ve always enjoyed the friendly rivalry across the ditch, whether it’s rugby scores, who makes the

Earlier this week, Accounting Times reported that AUSTRAC issued Revolut a $187,800 infringement notice for late reporting of international money transfer instructions. The penalty was imposed even though Revolut voluntarily disclosed the issue and took corrective action.

Australia’s professional accounting sector is facing one of the most significant regulatory shifts in years, with new Anti-Money Laundering (AML) obligations now firmly in place.

In today’s fast-paced digital landscape, businesses encounter evolving challenges that demand innovative solutions. Trusted advisors, accountants, lawyers, and financiers play an instrumental role in guiding

Navigating Financial Reporting & Compliance for Foreign-Controlled Companies! Overview of the Corporations Act 2001 The Corporations Act 2001 outlines the financial reporting and auditing requirements