The accounting body’s CEO, Ainslie van Onselen, says it opened an investigation into the matter in January, and those involved in the scandal face fines or having their right to practise revoked.
The Greens oppose the Housing Australia Future Fund in the Senate on the grounds it does not spend enough; immigration will offset the benefits of the $10b housing fund, says former RBA official Peter Tulip. Follow updates here.
Australian tax advisory firm Greenwoods is joining PwC Australia, bringing its 15 partners and 50 staff to the global business. Greenwoods & Herbert Smith Freehills – which is associated with but