Lisa Cusano

Managing Director
17 years of experience providing tax consulting and tax compliance services 
Specialises in tax advisory and tax compliance services in relation to trusts (MITs and AMITs), banks and mutual banks 
Supports credit unions, non-bank lenders, ETFs and LICs
Adelaide
@alvarezmarsal
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Lisa Cusano is a Managing Director with Alvarez & Marsal Tax in Melbourne. She brings 17 years of experience providing tax consulting and tax compliance services to businesses in the corporate and financial services industry. 

Ms. Cusano’s primary areas of specialisation include tax advisory and tax compliance services in relation to trusts (MITs and AMITs), banks, mutual banks, credit unions, non-bank lenders, ETFs and LICs. As well as handling the application and reporting of operational taxes and obligations, including withholding taxes, she has worked with clients across the financial services industry, specialising in banking and wealth and asset management. 

Prior to joining A&M, Ms. Cusano spent 17 years with EY, serving most recently as a Partner in the Financial Services practice. She provided tax services to clients in the banking and capital markets and wealth and asset management sectors and led the wealth and asset management tax practice in Melbourne. During her time at EY, Ms. Cusano gained experience managing and leading large projects across multiple disciplines, with a strong focus on assurance over controls framework and compliance with ATO governance.

Ms. Cusano earned a bachelor’s degree in commerce from the University of South Australia. She is a Chartered Accountant and holds a Certificate of Public Practice with Chartered Accountants Australia and New Zealand. Ms. Cusano is a Council Member of the Cairnmillar Institute, one of Australia’s leading centres for psychology and counselling services and an industry leader in psychology education and training. 

Insights By This Professional

This report provides an in-depth analysis of the evolving private debt landscape in Australia, examining it within the context of global trends and the impact of regulatory changes.
Recent amendments to Australia’s thin capitalisation rules in Division 820 of the Income Tax Assessment Act 1997 (Cth) (ITAA 1997) to implement new earnings-based tests for general class investors have resulted in complexity within the financial services sector, despite the existing thin capitalisation tests for ADIs and financial entities being largely retained.
Recent legislative changes to Australia’s taxation system, coupled with current market conditions, present a unique set of tax and commercial considerations for Private Equity (PE) fund CFOs. In this update, A&M analyses these factors and explores effective strategies to navigate them.
Latest insights The latest insights from Lisa Cusano's team
Thought Leadership
Discover Payday Super draft legislation and how employers will need to reassess how they manage superannuation compliance beginning 1 July 2026.
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