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.
Government appoints insolvency committee members
The federal government on Thursday announced six new appointments to its insolvency practitioner registration and disciplinary committees, each...
Financial complaints ombudsman details COVID-19 disputes
The Australian Financial Complaints Authority (AFCA) on Thursday reported fielding 11,482 coronavirus-related complaints about financial products...
RBA puts chatter of an earlier rate hike to rest
As the RBA announced its rate hold earlier this month, chatter among investors increased, with many predicting that given the property price...
ATO circles privately owned and wealthy groups as audits heat up
Jonathan Ortner, a partner at law firm Arnold Bloch Leibler, has warned practitioners to prepare for the ATO to ramp up its auditing efforts,...
SMSF sector continues steady expansion
The ATO has released the 11th edition of the annual statistical overview on self-managed super funds (SMSFs), providing deeper statistics and...
Australian workforce reaches record high in February
Stats released by Roy Morgan showed that the number of Australians looking to participate in the workforce has increased to a record level 14.6...
Women still face 101-year wait for financial gender equality
A study released by the Grattan Institute shows the COVID recession hit women much harder than men, and will compound women’s lifetime economic...
Retail sales recovery uneven despite 10% increase in January
The ABS figures showed year-on-year increases for household goods (up by $902 million or 20 per cent); clothing, footwear and personal...
Quarterly GDP figures mask woes of struggling sectors, says industry body
The Australian Chamber of Commerce and Industry responded to the latest ABS National Accounts data, saying it shows the economic recovery is now...
Cost of retirement up in December quarter
The ASFA’s Standard December 2020 quarterly figures indicate that couples aged around 65 living a comfortable retirement need to spend $62,562...
