Mild growth for services sector in July

Mild growth for services sector in July

The Australian Industry Group Australian Performance of Services Index (Australian PSI®) rose by 2.9 points to 51.7 in July but the growth was scattered across industries showing a two-speed services sector emerging, hampered by labour costs and skills shortages....
Dispatches from the inflation frontline

Dispatches from the inflation frontline

While the big supermarkets have a price tag of up to $11 for the salad staple, Mr Chilman’s client is still selling them for around $5 – which is basically what they cost him. Like many small business owners around Australia, the greengrocer doesn’t want to lose his...
The ATO’s post-Covid money chase

The ATO’s post-Covid money chase

It’s not just businesses that are struggling to deal with the legacy of the COVID pandemic. The Australian Taxation Office (ATO) is battling to close an expanding gap between what Australians owe and what it is taking in. And the new federal government certainly won’t...