Tax auditors


Westpoint paper trail snares KPMG

Major accounting firm KPMG has received a rare rebuke from the Australian Securities and Investments Commission, with three partners agreeing to be banned from auditing companies.

Taxpayer Alert: ATO has your bank application under review

ATO auditors are trying to stitch up taxpayers with big tax bills on the basis of inflated income figures provided to lenders — but often it’s the mortgage brokers doing the inflating, writes Chris Seage.