by Chris Sheedy | Aug 16, 2023 | Features
The human mind is a fascinating machine. But just like any machine, it isn’t without its quirks. It’s also no stranger to breakdowns. Behavioural economics offers excellent examples of this – of our tendency to believe things that ‘sound right’ or carry a sheen of the...
by Peter Martin | Aug 15, 2023 | Features
This finding, in an Economic Society of Australia poll of 51 leading economists selected by their peers, comes ahead of next month’s release of a government employment white paper, and an expected direction from Treasurer Jim Chalmers that the Reserve Bank quantify...
by The Conversation | Aug 14, 2023 | News
One proposal is for higher-income earners who don’t have private health insurance to pay a larger Medicare Levy Surcharge – an increase from 1.25% or 1.5%, to 2%. And if they want to avoid that surcharge, they’d need to take out higher-level hospital cover than...
by Sophie Deutsch | Aug 11, 2023 | Features
Requests for accountant’s letters have surged in the past few years, and this should be a huge area for concern. That’s according to three spokespeople, representing each of the three accounting bodies in Australia, at Ignition’s ‘Accountant Letters: To-do or not...
by Michelle Grattan | Aug 7, 2023 | News
Sparked by the PwC scandal, which involved the consultancy’s use of confidential government information for commercial gain, the planned measures will also expand tax promoter penalty laws to make it easier for the Australian Taxation Office to apply them to advisers...