TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
Treasurer reiterates ‘emergency’ support for small business is over
But he also said that the time “for large scale economy‑wide emergency support is over”. “Australia’s SME sector has shown remarkable resilience...
Working from home necessary to save fuel, says global energy watchdog
The recommendations released on Friday (18 March) have been made to try and preserve the dwindling bank of oil accessible to many countries. It...
McDonald’s Australia defends reducing its local tax bill as NGOs raise questions offshore
The American company's latest financial accounts for the year ending December 31, 2020, obtained by ABC News, show McDonald's paid its head...
Early payments will earn automatic interest, says ATO
For eligible payments made after 13 March 2022, the ATO is paying IEP entitlements generally within two weeks of the due date of the liability....
Crypto currency and the ATO
Firstly, the latest ATO guide makes the comment that most people hold cryptocurrency as an investment which they hope grows in value over time to...
Federal budget 2022: Accountants call for more support
Treasurer Josh Frydenberg has indicated this year’s budget will feature a curb on government spending in a bid to allow the economy to begin a...
Retail sales strengthen in February despite ongoing disruption
The Mastercard SpendingPulse™, which measured in-store and online retail sales across all forms of payment found that sales in February also...
NSW, Victoria lead nation with record-low unemployment rates
In NSW the unemployment rate fell 0.5 percentage points to 3.7 per cent in February as the state economy rebounds following the omicron outbreak....
Josh Frydenberg announces ‘targeted’ cost of living measures ahead of federal budget
In the traditional pre-budget speech to the Australian Chamber of Commerce and Industry today (18 March), Mr Frydenberg will set out how the 29...
Cost of hiring an employee now $23,860
The HR Industry Benchmark Survey, of 1,500 Australian and New Zealand HR professionals, has been conducted annually for the last three years and...
