by Shared from Accountants Daily | Oct 3, 2022 | News
They said it exposed a need for land tax reform along national lines but Queensland’s decision to go it alone would have “consequences for confidence” and should never have gone that far. Queensland Premier Annastacia Palaszczuk ditched the controversial land tax...
by Shared from Yahoo Finance | Oct 3, 2022 | News
If the RBA hikes does in fact lift rates by 0.50 per cent, RateCity.com.au analysis found the average borrower could be paying $760 more a month than they were before hikes started in May. For an owner-occupier borrower with a $500,000 debt at the start of the hikes,...
by Keeli Cambourne | Sep 29, 2022 | News
The latest data from the Australian Bureau of Statistics found household wealth fell 3.3 per cent ($484 billion) in the June quarter 2022 to $14.4 trillion, and wealth per capita fell to $553,954. And half the 3.3 per cent fall was due to falling superannuation...
by Keeli Cambourne | Sep 29, 2022 | News
According to the latest ABS figures there were 471,000 job vacancies in August 2022, a decrease of 10,000 from May 2022. The number of job vacancies in August 2022 was 41 per cent higher than August last year (334,000), when the labour market was impacted by the delta...
by Keeli Cambourne | Sep 29, 2022 | News
But despite the uptick, small businesses are now waiting longer for invoices to be paid. The Xero Small Business Index rose seven points in August to 119 points, and Joseph Lyons, managing director of APAC at Xero, said the result demonstrates that small businesses...