Australia may tighten rules on professional services

The federal government said last month that it will boost regulatory oversight of tax advisers after a scandal last year

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In this article

  • Government relies on advisers
  • Staffing expansion
  • Spending cutbacks
  • Skills enhanced
  • Reforms will target governance
  • Increased penalties
  • Stronger powers
  • Broader functions
  • Some problems will remain
  • Political meddling
  • Low transparency
  • Jurisdiction issues

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.