The Australian government has announced a crackdown on tax adviser misconduct following the PwC scandal. The government will increase penalties for promoting tax avoidance schemes tenfold and give financial regulators much stronger powers. Advisers and firms promoting tax exploitation schemes could now face fines of up to $780 million. The Treasurer, Jim Chalmers, says the new regulations, described as "the biggest crackdown on tax adviser misconduct in Australian history," is necessary to rebui