On 8 July 2026, the Treasury released its much anticipated consultation paper “Minimum tax on discretionary trusts” on the implementation of the 30 per cent minimum tax on discretionary trusts (Consultation Paper), w ...
The latest instalment of the Defence Industry Development Strategy sets out the Government’s renewed action plan to grow Australia’s sovereign defence industrial base and boost self-reliance.
On 2 July 2026, the Fed ...
On 26 June, the Australian Taxation Office (ATO) issued the highly anticipated Decision Impact Statement (DIS) following the High Court’s landmark judgment in Commissioner of Taxation v Bendel [2026] HCA 18 (Bendel). T ...
The High Court of Australia has ruled in favour of the Australian Securities and Investments Commission (ASIC) against Web3 Ventures Pty Ltd, trading as Block Earner. In the judgment delivered on 17 June 2026, the High C ...
What is changing?
Australia’s Travel Rule starts on 1 July 2026. It is the next phase of Australia’s AML/CTF reform journey, and the point where policy turns into practice. From that date, reporting entities involv ...
On 25 June 2026, the Australian Securities and Investments Commission (ASIC) issued an updated class no‑action letter extending both the scope and deadline of its transitional relief for certain digital asset businesse ...
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