Message from the Board of Taxation

Vale Michael Andrew AO

It is with great sadness that the Board of Taxation (the Board) acknowledges the passing of its Chair, Michael Andrew AO, on Sunday 23 June.

Michael was a highly respected member of the business and tax community as is reflected in the statement made by the Treasurer, the Hon Josh Frydenberg MP (below), acknowledging both Michael’s distinguished career and the significant contribution that he made to improve the design of the tax system.

The Board would like to recognise and acknowledge the integrity, leadership and keen intellect Michael brought to making the tax system simpler and fairer for all Australians. Michael leaves behind an enduring legacy. We will miss his friendship, guidance and support.

We offer our condolences to Michael’s family and friends.

Yours sincerely
The Board

 

Message from the Federal Treasurer: the Hon Josh Frydenberg MP

Vale Michael Andrew AO

I was deeply saddened to hear of the passing of Michael Andrew AO yesterday.

Michael was a highly respected member of the business and tax community and made a significant contribution to improving Australia’s tax system.

Michael had a long, distinguished career in business both domestically and on the global stage. He was Chairman and CEO of KPMG International from May 2011 to July 2014 – the first Australian to be CEO of one of the Big Four accounting firms. He was the Chair of the Australian B20 Working Group on Anti-Corruption and Transparency and its Global CEO Forum, and he was a member of the Business Council of Australia and the International Business Council of the World Economic Forum.

Alongside Michael’s career in business and other charitable pursuits, he made a substantial contribution to the advancement of tax policy in Australia. Michael was appointed Chair of the Board of Taxation in January 2015 and Chair of the Black Economy Taskforce in December 2016.

Under Michael’s chair, the Board has made valuable contributions on a range of issues spanning the tax system, with Michael bringing a real focus on simplification and red tape reduction.

He also leaves a significant legacy with his Black Economy Taskforce report recommendations. The cash economy has been a long standing problem, but it was Michael’s drive and leadership that moved the conversation forward. We are now seeing the results of the innovative, multi-layered approach that Michael championed.

Michael’s ambition was to make the tax system fairer for all Australians and leave it in better shape for future generations. Michael’s legacy will continue well in to the future.

On a personal level over the number of years I have known Michael I have always found him profoundly decent, professional and possessing a strong sense of public duty.

I wish to express our deepest condolences to his wife Mardi, and his daughters Danielle and Monique. I’d also like to record our heartfelt appreciation for the time and effort Michael gave to the advancement of taxation policy in Australia.

Treasurer

 

Message from the President of the Tax Institute

Vale Michael Andrew AO

Dear Members,

The Tax Institute is deeply saddened by the passing of Michael Andrew AO. Michael was well known among The Tax Institute community and had a strong working relationship with the Institute. Michael combined an unassuming and collegiate manner with the exemplary thoroughness of a true professional.

The Institute wishes to acknowledge the outstanding contribution Michael made to the tax community, particularly in his most recent role as Chair of the Board of Taxation.

Kind regards,

Tim Neilson, CTA

President

 

Message from the Melbourne Cricket Club Committee (27.6.19)

Vale Michael Andrew AO

This week we have been deeply saddened by the passing of our Treasurer Michael Andrew AO.

An MCC member for the past 37 years, Michael was a committee member between 2007-11 and again from 2014, where he served as Vice-President and Treasurer, as well as chair of several sub-committees.

“The Club’s deepest condolences are with Michael’s wife Mardi, daughters Danielle and Monique, extended family, friends and colleagues. We are grateful for Michael’s many years of dedicated and loyal service to the Melbourne Cricket Club,” MCC President Michael Happell said.

“Michael brought a wealth of business, finance and risk management knowledge from his outstanding national and international experience to the MCC. He was a trusted and valued confidant to his fellow committee members and his contribution to the success of the MCC will be missed,” he said.

Michael had previously held the roles of Global Chairman and CEO of KPMG International (2011-14) and Chairman of KPMG Australia and Asia-Pacific (2006-11) where he had also been a partner since 1988. He was the current Chairman of the Australian Government’s Board of Taxation, Director of Racing Victoria, and chaired the B20 Anti-Corruption and Transparency Working Group (2014).

He had been a member of the International Business Council of the World Economic Forum, Business Council of Australia and was Vice-Chair of the Committee for Melbourne. Michael also sat on the board of several charities and advisory boards including Good to Great Schools Australia, Australian Prostate Cancer Research (chairman) and Eliminate Dengue Research Program.

Having been awarded honourary doctorates of Commerce and Laws from Melbourne and Monash Universities, Michael Andrew had also been appointed as an Officer to the Order of Australia (AO) for his distinguished service to the accountancy profession at the national and international level.

 

FJM 30.6.19

[Tax Month – June 2019]

 

 

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