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.
ATO budget boost puts shadow economy on notice
Included in that is an increase of around $200 million per year for four years to the Tax Avoidance Taskforce that has also been extended by a...
NAB opens $1k grants to customers severely impacted by floods
The grants provided access to funds to those experiencing major structural damage or severe internal damage to their property to meet their...
IPA calls for small business support in ‘well-being’ budget
“This is an out-of-cycle budget that is unlikely to tackle the structural deficit and support business for medium-term economic growth,” the IPA...
Treasurer finds extra $22bn and promises a ‘wellbeing’ budget
Jim Chalmers said as well as some extra cash that has been found, Tuesday’s (25 October) budget will be the first “wellbeing” budget delivered in...
Australia to cut economic growth forecasts on lower consumer spending
Budget papers are set to show gross domestic product (GDP) for fiscal 2023-2024 will be downgraded to 1.5% from the 2.5% forecast in April. GDP...
Worrying signs of weak wages growth
In the fortnight to 9 September, non-union back agreements, covering 25,968 employees, had an average annual wage increase of just 2.4%. On...
No real wage growth for at least 2 years: Treasurer
In ABC News on Sunday (23 October), Jim Chalmers said inflation will persist for longer than the government had anticipated and wages growth will...
Big business says jobs, housing availability significant challenges in regional Australia
The Regional Australia Institute’s Regional Australia Council members include some of Australia’s biggest employers such as Aurizon, Australia...
Federal Budget 2022-23: Business owners flag tax cuts, skills as priorities
Australian small business owners have underscored the pressures they’re facing and called out the major items they’re hoping the Government will...
Till debt do us part
To understand the budget task facing Australia, look first at our history. The gap between what the government takes in each year and what it...
