Advice ain't cheap: when you'll need to spend more than $3000

Australian Financial Review | Saturday 4 May 2019

Michael Croker says Bill Shorten is impugning accountants.  Supplied

Michael Croker says Bill Shorten is impugning accountants. Supplied

The wealth wars took a bitter turn when Labor leader Bill Shorten, in full campaign mode, described tax deductions for accounting advice as "one of the rorts we want to shut down".

A clearly incensed Michael Croker, the tax leader with Chartered Accountants Australia and New Zealand, accused Shorten of impugning an entire profession with comments that scraped the "bottom of the political barrel".