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Trust in the detail: SW calls for a fairer 30% minimum tax on discretionary trusts

31/07/2026

SW has lodged a submission with Treasury on the proposed 30% minimum tax on discretionary trusts, urging targeted changes to prevent ‘fixed’ commercial structures being swept in and to remove a punitive 60% double-tax on corporate beneficiaries. Introduction In the 2026–27 Federal Budget, the Government announced a 30% minimum tax on discretionary trusts, with the […]

Five red flags that could indicate fraud in your business

30/07/2026

Fraud warning signs can hide in everyday transactions, supplier records, payroll data, and approval workflows. Knowing what to look for can help your business identify financial irregularities early, strengthen internal controls, and respond before losses escalate. Fraud does not always begin with a dramatic event but can appear as a duplicated invoice, an unexplained change […]

Fraud and integrity risks in property & construction: Why pressure in the market is increasing the risk profile

27/07/2026

Australia’s property and construction sector is continuing to operate in a difficult environment. Developers, builders, contractors, and investors are managing elevated costs, constrained feasibility, tighter funding conditions, labour pressures, and changing demand across different parts of the market. The pressure is not uniform. The housing supply challenge remains national, but the conditions differ across states. […]

Victorian SRO updates duty ruling for incorporated associations

27/07/2026

The Victorian State Revenue Office (SRO) has released Revenue Ruling DA‑020v2, replacing the long-standing DA‑020 ruling on duty treatment for incorporated associations and amalgamations of incorporated associations. The new ruling took effect on 20 July 2026 and reflects the current legislative framework under the Associations Incorporation Reform Act 2012 (Vic) (AIR Act). While the practical […]

The risks Boards are talking about: Fraud, financial crime & integrity challenges in the energy & mining sector

24/07/2026

The energy and mining sector is no stranger to risk. Commodity price volatility, geopolitical uncertainty, regulatory change, and increasing stakeholder expectations all require careful navigation. However, alongside these challenges, another trend is emerging: fraud, financial crime, and integrity risks are receiving greater attention from Boards, Audit & Risk Committees, and executive teams than ever before. […]

The 5 fraud & finance crime risks property fund managers should be discussing in 2026

23/07/2026

Property fund managers operate in an increasingly complex environment. Alongside market pressures, rising investor expectations, and regulatory change, fraud risks are evolving in both sophistication and impact. While many fund managers have established control frameworks, recent developments suggest that traditional fraud risk assessments may no longer be sufficient on their own. From financial crime and […]

Assumed tax liabilities: What counts as consideration for land transfer duty?

22/07/2026

The State Revenue Office of Victoria (SRO) has released Revenue Ruling DA-070 to address when assumed tax liabilities form part of the consideration for a transfer of land. The ruling takes effect from 17 August 2026. Key principle Under the Duties Act 2000 (Vic), duty is charged on the dutiable value of property, defined as […]

NSW expands surcharge purchaser duty relief for build-to-rent and retirement villages

14/07/2026

In a significant shift in foreign investor taxation policy, the New South Wales Government has enacted legislation providing relief from foreign purchaser surcharge duty for certain build-to-rent (BTR) and retirement village projects. The measures form part of the Government’s broader housing supply strategy and are intended to encourage institutional investment in long-term rental accommodation and […]

Proposed testamentary trust rules: Understanding the 30% minimum tax exemption

25/06/2026

The Federal Government has announced that discretionary testamentary trusts established for genuine testamentary purposes will be exempt from the proposed 30% minimum tax. For discretionary testamentary trusts established on or after 1 July 2028, the exclusion will only apply to trusts that can only benefit individuals and income tax exempt entities. What is considered ‘genuine […]

AML/CTF: Immediate action required for the real estate & property sector

24/06/2026

Significant changes to Australia’s AML/CTF regime will directly impact the real estate and property sector from 1 July 2026. While these reforms have been building for some time, recent enforcement activity highlights the consequences of getting it wrong. What this means for you If your business is involved in property transactions or related advisory services, […]