There have been significant changes in the global and Australian economic and tax landscape over the past year. We have seen heightened international conflict and the fight against inflation and higher interest rates. We have seen increased focus on easing cost of living pressures, which led to modification of Stage 3 personal tax cuts and a continued focus on multinational tax measures and corporate tax governance.
This year’s program again provided an outstanding array of speakers and topics. Antony Steinberg (RBC) delivered a keynote address on the Australian infrastructure market. Aaron Bennett and Steele Broderick delivered the ATO keynote address.
This year we explored further the topical areas of thin capitalisation reform and Taxable Australian Real Property (TARP), which are areas of particular significance to the industry. Eugene Wheelahan KC, CTA, and Mia Clarebrough also presented on the emerging issues around transfer pricing and debt/equity.
A highlight was hearing from the array of experienced participants in the panel sessions dealing with investor competitiveness, regimes relevant to institutional investors and issues around private capital.