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Why a surprise jump in unemployment isn’t as bad as it sounds

Why a surprise jump in unemployment isn’t as bad as it sounds

by Jeff Borland | Jul 21, 2025 | News

While this is bad news, it’s not as bad as it might seem. Higher unemployment came from more people looking for work. In the long run, that’s good for the economy. And these figures also make it more likely we’ll see an interest rate cut next month – which is now...
How to identify and tackle financial abuse in business

How to identify and tackle financial abuse in business

by Phoebe Armstrong and Helena Vallely | Jul 18, 2025 | Features

At a glance Economic abuse has huge financial and emotional impacts on small business owners. Accountants are an important line of defence for SME clients.  Often hidden in plain sight, economic abuse is more common than many realise. Affecting more than 2.4 million...
Social media ‘finfluencers’: How accountants can protect clients from risky advice

Social media ‘finfluencers’: How accountants can protect clients from risky advice

by Jasmine Crittenden | Jul 17, 2025 | Features

At a glance Unlicensed financial influencers on social media increasingly influence Australians’ financial and tax decisions. Some finfluencers offer misleading or unlawful advice, risking legal and financial harm. Accountants have an opportunity to educate clients,...
Climate reporting: SME accountants’ next new expertise

Climate reporting: SME accountants’ next new expertise

by Jasmine Crittenden | Jul 16, 2025 | Features

At a glance Climate rules will affect SMEs via supply chains and finance expectations. Accountants can offer new services like GHG emissions accounting and strategic advice. Upskilling now can differentiate your practice and open new revenue streams. For accountants...
Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief

Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief

by Stella Huangfu | Jul 15, 2025 | News

Those earlier moves were aimed at supporting the economy as growth slowed and inflation eased. This time, however, the bank chose to pause, signalling a more cautious stance. The decision will be hard for the millions of mortgage holders and aspiring home owners who...
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