Emma Partis, Accounting Times Journalist Profile

Articles

‘A taxpayer-subsidised inheritance scheme:’ policy analysts slam super tax concessions

1 week ago | accountantsdaily.com.au | Emma Partis

Raising super taxes on balances above $3 million is a step in the right direction, but doesn’t go far enough, Grattan Institute analysts have argued. • • 9 minute read Grattan Institute analysts Brendan Coates and Joey Moloney have said that Australia's “generous” superannuation tax breaks disproportionately flow to older, wealthier Australians, leaving working Australians to shoulder the lion’s share of the tax burden.
‘A taxpayer-subsidised inheritance scheme:’ policy analysts slam super tax concessions

1 week ago | accountingtimes.com.au | Emma Partis

Grattan Institute analysts Brendan Coates and Joey Moloney have said that Australia's “generous” superannuation tax breaks disproportionately flow to older, wealthier Australians, leaving working Australians to shoulder the lion’s share of the tax burden. The pair said Labor government’s proposal to lift the concessional superannuation earnings tax rate from 15 per cent to 30 per cent on balances above $3 million is a step in the right direction, but could go further.
Underinsurance could pose risks to financial system, report warns

1 week ago | accountingtimes.com.au | Emma Partis

Over 800,000 households – home to over 2 million Australians – have not fully insured their homes, research by policy think tank The Australia Institute has found. Jack Thrower, senior economist at The Australia Institute, warned that many Australians were at risk of financial ruin if their home was hit by a natural disaster, with broader consequences for Australia’s financial system. “More than two million Australians live in properties without full insurance.
ATO whistleblower pleads guilty to 4 charges

1 week ago | accountantsdaily.com.au | Emma Partis

In 2017, ex-ATO debt collection officer Richard Boyle raised concerns internally regarding unethical debt recovery tactics within the ATO. After he felt that his complaints had been ignored, he appeared on an ABC Four Corners program in 2018, alleging that ATO debt collection officers had been instructed to use heavy-handed tactics to claw tax debts back from taxpayers. You’re out of free articles for this month Username or Email Keep me signed in on this device.
Dominance of small construction firms drags down productivity, CEDA says

1 week ago | accountingtimes.com.au | Emma Partis

At a time of languishing construction productivity growth, the Committee for Economic Development of Australia (CEDA) has found that larger construction firms tend to be more productive than the smaller businesses that dominate Australia’s construction landscape. “While many factors are dragging down construction productivity, a critical contributor is the dominance of very small businesses,” CEDA Chief Economist Cassandra Winzar said.
Accountants call for standardised guidance on sustainability and crypto

1 week ago | accountingtimes.com.au | Emma Partis

The Australian Accounting Standards Board (AASB), Malaysian Accounting Standards Board (MASB) and CPA Australia have surveyed accounting professionals to better understand their priorities in the ongoing development of international accounting standards. Their report comes ahead of the International Accounting Standards Board (IASB)’s Fourth Agenda Consultation, which is set to determine its technical strategy and work plan integral to international accounting standards.
Positive labour market signs hide underlying issues, Deloitte warns

1 week ago | hrleader.com.au | Kace O'Neill |Emma Partis

| |6 minute read Moderating inflation, falling interest rates, and growing wages mask underlying labour market issues and abysmal productivity performance, Deloitte Access Economics has warned. This story first appeared on HR Leader sister brand Accounting Times. While Australia’s labour market appears healthy on the outside, a new report by Deloitte Access Economics has said that poor labour productivity remains a persistent, structural challenge to long-term prosperity.
Positive labour market signs hide underlying issues, Deloitte warns

1 week ago | accountingtimes.com.au | Emma Partis

While Australia’s labour market appears healthy on the outside, a new report by Deloitte Access Economics has warned that poor labour productivity remains a persistent, structural challenge to long-term prosperity. “Australian labour productivity has fallen considerably over the past three years,” Deloitte Access Economics partner and lead author, David Rumbens, said.
Pitcher Partners outlines EOFY action plan for dealerships

1 week ago | accountingtimes.com.au | Emma Partis

Pitcher Partners has advised dealerships to conduct a financial ‘spring clean’ in preparation for the end of the financial year to ensure they’re prepared to meet their tax responsibilities. “Most dealers know that tax is one of their largest expenses, however if tax planning is not done properly, there could be severe cash flow consequences as well, especially this financial year,” Pitcher Partners said.
Aussie firms in China were upbeat post-Liberation Day, RBA deputy says

1 week ago | accountingtimes.com.au | Emma Partis

RBA deputy governor Andrew Hauser recalled how Australian firms operating in China reacted to the US Liberation Day tariff announcements in a speech to the Lowy Institute on Thursday. “What really struck me … was how upbeat most, if not all, of the firms were about the outlook for their businesses,” Hauser said, recalling his trip to Beijing in April. “The recovery in sentiment in early 2025, and confidence that the authorities would ‘do what it takes’ to sustain the economy was part of it.