Insights

With a large client base regularly seeking advice on moving overseas or relocating to Australia, our tax advisers unpack the latest Federal Court guidance on tax residency. The Quy decision highlights why residency outcomes depend on far more than simply where you live and work.

Higher borrowing costs are forcing businesses to rethink traditional budgeting. This article examines practical strategies for managing debt, protecting cash flow and preparing for both growth opportunities and downside risks. 

When most of a family's wealth is tied up in one farming asset, deciding what happens next is rarely straightforward. This article examines why the upcoming CGT reforms are encouraging farming families to revisit succession plans and start conversations sooner. 

The upcoming CGT reforms represent one of the most significant tax changes affecting agriculture in decades. This article explores why farming businesses are uniquely exposed, what is changing from 1 July 2027 and the practical questions farmers should be asking now. 

Economic conditions have a direct and significant impact on audit judgement because they influence how businesses operate, manage cash, and make critical financial assumptions. For auditors in Australia, shifting economic conditions mean greater scrutiny, deeper analysis, and increased reliance on professional judgement. When uncertainty rises, audit judgement becomes more complex, particularly in areas involving forecasts, valuations, and risk assessment. 

For many business owners, the audit process can feel daunting, at times even overwhelming. It is often viewed as a necessary compliance exercise: something to get through, rather than something to lean into. But in my experience as an auditor, that perspective is where the opportunity is missed.

An audit, when approached the right way, can be far more than a regulatory requirement. It can become a powerful lens through which to better understand your business, challenge assumptions, and ultimately strengthen how you operate.

When people hear the term capital gains tax (CGT), they often think of investment properties, shares and managed funds. However, according to Business Advisory Partner Ryan Lu, that perception only tells part of the story.

Many Australians don't realise they may be able to access their super before they retire. In this article, Megan Mann explains how Transition to Retirement pensions work, the rules to be aware of, and why they can be a valuable planning tool in the years leading up to retirement. 

For many farming families, passing the farm to the next generation isn't the hard part; it's ensuring Mum and Dad remain financially secure afterwards. This article explores how Centrelink gifting rules can affect Age Pension eligibility and why planning ahead may open up more options. 

AI is changing how audits are delivered, but the story is not just about tools. At PKF Melbourne, our focus is on building the capability of our people to use AI responsibly, critically and effectively.