INTHEBLACK February / March 2026 - Magazine - Page 6
CPA AUSTRALIA
Advocacy update
CPA Australia’s policy team advocates for the interests of the accounting profession,
members and the public. Here is some of their recent work.
“The rules governing family trusts are complex. Errors in family
trust elections can result in disproportionate tax liabilities, placing
family businesses at risk of financial distress. We’re calling for
fair, modernised rules that keep the integrity measures in place
but remove the disproportionate and unintended consequences.”
JENNY WONG, TAX LEAD, CPA AUSTRALIA
ARTICLE
Calls for GST reform
Broadening the Australian GST and modernising the tax
system are essential to safeguard economic momentum.
After over 25 years of the GST, this article explores potential
reform options including CPA Australia’s five-step roadmap
to diversify revenue, simplify compliance and deliver a fairer,
more resilient tax base.
READ
more taxation
articles in
INTHEBLACK
Read the article
SUBMISSION
Family trusts in focus
CPA Australia has released a submission supporting
the Taxation Ombudsman’s Work plan refresh 2026,
calling its proposal to review elements of the taxation
framework around family trusts a “timely and well
considered response”. In the submission, CPA Australia
requests legislative reform and highlights critical issues.
READ
CPA Australia’s
recent policy
submissions
Read the submission
PODCAST
Tax Forum 2025
Hosted by CPA Australia tax lead Jenny Wong, this two-part
podcast series starts with a discussion on tax reform and
fiscal responsibility in Australia, featuring two of the country’s
leading voices in tax policy — David Bradbury and Paul Tilley.
The second episode sees CPA Australia president and chair
Dale Pinto FCPA join a discussion on geopolitics and
global reform.
Listen to the first episode
6 INTHEBLACK February/March 2026
EXPLORE
CPA Australia’s
policy and advocacy
tools and resources