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You’ve no doubt been bombarded with budget summaries, hot takes, economists, talk back radio, winners and losers lists, headlines and opinions as to whether Jim Chalmers and Anthony Albanese are our saviours or should be voted out at the earliest opportunity. This is the most significant budget for tax planning in many years. The government claims to be targeting intergenerational fairness by shifting the tax burden from workers to capital…  Read more

Background A Western Australian Supreme Court recently ruled on an invoice scam dispute, shedding light on the legal risks businesses face if they fail to confirm suspicious payment details. In the case, hackers accessed a legitimate email account and sent fraudulent banking information to the paying party—leaving the payer on the hook for the unrecovered funds. What Happened An electrical contractor’s email account was hacked. The scammer emailed updated bank…  Read more