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Baby items, meal deliveries: ATO warns taxpayers to stop 'unusual' claims

Tax time 2026: ATO warns millions of Aussies chasing tax deductions to stop with 'unusual' claims Tue 2 Jun 2026 at 4:48am The tax office is warning Australians to stop claiming private expenses on their tax returns, with some attempting to claim baby expenses, personal gifts and meal deliveries as work-related. More than 10 million Australians have claimed about $31 billion worth of work-related expenses in their 2024-25 tax returns so far, many relating to working from home. The average...

ABC Australia 8d ago

Barnaby Joyce claims people who ‘look like’ recent arrivals dominate auctions. Who is he talking about?

Statistics show fewer than 1% of homes are bought by foreigners, as race discrimination commissioner warns against blaming migrants for housing woesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastOne Nation’s Barnaby Joyce has claimed that “people who look like they’ve recently arrived” are knocking Australian buyers out of home auctions, despite tax office data showing fewer than 1% of dwellings are bought by foreigners. The...

The Guardian World 1d ago

'A matter of national security': Call for urgent action on VIQ scandal

Thirteen government agencies used embattled transcription company VIQ Solutions raising concerns over nation's data Wed 10 Jun 2026 at 5:16am Thirteen government agencies are now embroiled in an expanding scandal involving potential data breaches, prompting calls for an urgent audit amid concerns over national security. Earlier this year, embattled transcription company, VIQ Solutions, breached its Commonwealth contract with the Federal Court by allowing highly sensitive court files to be...

ABC Australia 23h ago

Bullock says RBA will re-tender KPMG whistleblower hotline contract amid scandals

KPMG audits the RBA and runs its whistleblower hotline but maybe not for much longer Fri 5 Jun 2026 at 5:00am In short: The Reserve Bank will re-tender its whistleblower hotline service contract after KPMG has been caught up in a swirl of scandals. Governor Michele Bullock says KPMG, engaged by the Australian National Audit Office, audits the bank's financial statements. The Greens have called on the federal government to ban KPMG from all government contracting work.

ABC Australia 5d ago

Australia hits its highest number of billionaires on record. Do we need more?

In short: Australia has its highest number of billionaires on record, at 178 — up 17 from last year — with total wealth exceeding $686 billion, according to Oxfam analysis. The report finds the collective wealth of Australia's billionaires increased by $25.67 billion over the past year — equivalent to almost $50,000 per minute. The increasing number of Australian billionaires has led to divided views on how it will impact the nation's prosperity.

ABC Australia 9d ago

Fresh concerns emerge over impact of Labor's tax changes on medical tech

Medical technology sector raises fresh concerns with Labor’s capital gains tax overhaul Sat 6 Jun 2026 at 4:44am In short: Australia's medical technology sector says Labor's budget changes will make it harder for local startups to commercialise new products. Industry groups say planned changes to research and development tax incentives will specifically hurt the health sector where companies often take more than a decade to become profitable. What's next: Labor is pressing ahead with its...

ABC Australia 4d ago

Will Australia be taken for a ride in the AI and data centre boom?

analysis In the great data centre boom, will the benefits flow offshore again? Sun 7 Jun 2026 at 4:40am On the corner of Mamre Road and the yet-to-be-built South Link Road, in the western Sydney suburb of Kemps Creek, plans are afoot that could change the way the world works. It's here, in this picturesque semi-rural expanse, wedged between Sydney's rapidly growing outer suburbs and the new international airport at Badgerys Creek, that the AI boom has landed in Australia, with a thud.

ABC Australia 4d ago

ASIC names two KPMG partners it is formally investigating over audit scandal

ASIC names two KPMG partners it is formally investigating over audit scandal Fri 5 Jun 2026 at 5:15pm In short: ASIC has named KPMG's former chief operating officer Eileen Hoggett and audit partner Paul Rogers as two of the individuals it is investigating over the audit scandal. ASIC told a Senate estimates committee today it was formally investigating KPMG and that it still had eight current contracts with the firm. Current and former KPMG partners will appear before a parliamentary inquiry...

ABC Australia 5d ago

Border Force busts multi-million dollar illicit NT tobacco operation

Border Force busts multi-million-dollar illicit tobacco operation in the Northern Territory Wed 3 Jun 2026 at 12:44pm In short: The Australian Border Force has seized 433,400 illicit cigarettes, 686 kilograms of illegal loose-leaf tobacco and 50,200 single use vapes from a Darwin storage facility. The haul is worth $1.8 million in evaded duty taxes and an estimated $3.7 million in potential proceeds of crime. Advocates are calling for NT laws to be updated to strengthen enforcement and...

ABC Australia 7d ago

Liberals grapple with age, gender problems in new party paper

analysis Liberal Party quietly publishes paper grappling with party's failure to attract women, young people Mon 1 The Liberals have quietly published a paper that floats offering a cut price $10 digital membership to join the party, in an effort to offset its declining numbers, which it says without renewal, leave the party effectively operating as a leaky bucket. Under the proposal up for discussion, the party would offer a range of memberships from a community tier priced between $40 to...

ABC Australia 9d ago