Business Leaders Hit Out at FBR's 'Rushed' Finance Bill – Errors Spark Outcry
Sydney, NSW – Leading business figures in Australia are voicing strong criticism of the Federal Board of Revenue (FBR) over what they describe as a rushed and flawed Finance Bill (2025-26). Concerns are mounting that crucial errors within the legislation haven't been addressed, leading to potential disruption and uncertainty for businesses across the country.
Ehsan Malik, Chairman of the Anomalies Committee (Business), has been particularly vocal, expressing serious disappointment with the FBR Member Inland Revenue (Policy) for failing to consult with the committee prior to the bill's finalisation. Malik argues that the committee, comprised of industry experts, was ready and willing to identify and rectify errors, but were effectively ignored.
“This is deeply concerning,
