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.
Economists predict a further drop in unemployment
The latest Queensland Investment Corporation (QIC) economic note showed that economists widely predict a fall in the number of people unemployed...
ATO tipped to be ‘unshackled’ in 2021
Cove Legal practice director Roger Blow believes the signs are pointing towards renewed ATO activity, a year after the Tax Office...
‘Aussies to keep economy ticking with $200bn in savings’
According to new Treasury data, households and businesses have stockpiled a wealth of $200 billion during the COVID-19 pandemic, having tightened...
Why opt-in super reforms is a ‘secret tax’ on Aussie workers
The Morrison government is reportedly weighing allowing workers to choose between putting money in their super or having more take-home pay. Read...
Payment times improving but recovery far from guaranteed
The latest CreditorWatch Business Risk Review for December 2020 showed 15 out of 19 industry groups have reported a reduction in the time it...
Retail turnover spikes as Australians spend big in November
The latest figures from the Australia Bureau of Statistics found that retail turnover rose by 7.1 per cent month-on-month, following a rise of...
80¢ per hour work-from-home deduction method extended
The 80¢ per hour shortcut method, introduced in April 2020 in response to COVID-19, will now be in place until 30 June 2021. Read more at the...
6-member SMSFs still sparking client interest
In early September, the government reintroduced its measure to increase the number of members allowed in an SMSF to six, when it introduced...
Phoney tax agent jailed after 14 years on the run
Sentenced in the Parramatta Local Court last month, Ibrahim El-Hassan had posed to be a tax agent and lodged multiple false income tax returns on...
VIC records highest loan deferrals
Figures released by the Australian Prudential Regulation Authority (APRA) on temporary loan repayment deferrals due to the coronavirus pandemic...
