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RBA admits low interest rates will boost cost of housing

RBA admits low interest rates will boost cost of housing

by Shared by Nestegg | Feb 17, 2021 | News

The housing market has been touted for its resilience, the minutes from the RBA’s February board meeting revealed, with the bank acknowledging the market’s key role in the country’s economic recovery. Read more at Nestegg.
Further support for locked down Victorian businesses, urges ombudsman

Further support for locked down Victorian businesses, urges ombudsman

by Adrian Flores | Feb 16, 2021 | News

Last Friday, Victorian Premier Daniel Andrews announced a statewide lockdown until at least the end of Wednesday, 17 February, as it aims to contain a recent COVID outbreak that began within its hotel quarantine system. Much like the stage 4 restrictions last year,...
Federal Court hands out highest-ever $22.68m penalty to tax exploitation promoter

Federal Court hands out highest-ever $22.68m penalty to tax exploitation promoter

by Shared by AccountantsDaily | Feb 16, 2021 | News

The penalties are the largest ever for promoters of tax exploitation schemes and were ordered by the Federal Court last Friday against Paul Enzo Bogiatto and his associated companies. Read more at the AccountantsDaily.
Super funds deliver slim January gains

Super funds deliver slim January gains

by Shared by Nestegg | Feb 16, 2021 | News

SuperRatings research showed that super funds returned members on average 0.4 per cent for both the median balanced option and median growth option. Read more at Nestegg.
Over 500k businesses graduated off JobKeeper since September

Over 500k businesses graduated off JobKeeper since September

by Adrian Flores | Feb 15, 2021 | News

The ATO figures reveal that all industries have experienced significant falls in the number of employees covered by the JobKeeper program, with the majority falling by at least half. By industry, retail trade (down 68 per cent), accommodation and food services (down...
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