01May2026

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Publisher
Michael Walls
michael@accessnews.com.au
0407 783 413

CPA Australia supports the Tax Ombudsman’s call for fairer General Interest Charges (GIC) remission and welcomes the ATO accepting all recommendations to improve transparency, consistency and fairness. The group says reforms must include empathy and proportionality, especially for taxpayers facing genuine financial hardship. It stresses clearer guidance, better communication and more balanced decision-making, particularly since GIC became non-deductible in 2025, increasing financial pressure on individuals and small businesses.

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EXTREME weather caused almost $3.5B in insured losses across 264,000 claims in 2025, according to the Insurance Council of Australia. Ex-Tropical Cyclone Alfred was the costliest event at $1.5 billion, while severe spring hailstorms added $1.4B. Five major events were declared significant or catastrophic. Insurers expect costs to rise as more claims arrive and continue supporting recovery efforts, with further extreme weather already impacting Australia in early 2026.

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Ingleburn Magpies launch 2026 season
THE Ingleburn Magpies Junior Australian Rules Football Club are set to launch their 2026 Season in style on Monday,  February 23 at Memorial Oval in Ingleburn at 4.30pm.

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Macarthur Advocate covers the business and community issues of the Macarthur region. Macarthur Advocate is a prime media source for connecting with the pulse of the region and tapping into it's vast opportunities.

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