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.
Millions of Aussies owed $1.6 billion refund
The Australian Securities and Investments Commission (ASIC) estimates 2.7 million Aussies are still owed refunds to the tune of $1.6 billion....
Businesses remain confident despite headwinds
Conditions remain strong across industries and states — with wholesale and retail rising notably in the month with both the employment and...
Spending declines as rising interest rates impact households
The index fell 0.5 per cent down to 114.9 in September from 115.5 a month earlier, as higher interest rates begin to take a toll on household...
Unemployment drops in September as employment soars to a record high
The results showed that more than 161,000 extra people found work. However, underemployment was still up 233,000 to 1.56 million (10.5 per cent...
BDO urges Govt to introduce tax reform in October Budget
Mark Molesworth, Tax Partner at BDO in Australia, said Treasurer Jim Chalmers should take the opportunity to put the government’s stamp on things...
COVID kicked ATO objections up a gear
Launching an interim report on the ATO’s handling of objections, the Inspector-General of Taxation Karen Payne said 61 per cent of objections in...
Gen Z receive only 2.8% of stage 3 tax cuts in first year: Research
The aged-based data breakdown reveals that Gen Z would receive only 2.8 per cent of the first year of the stage-three tax cuts in financial year...
Motherhood costs women more than half their earnings
The report found that the “motherhood penalty” was due to a number of factors, including lower participation rates and reduced working hours and,...
Turnover rises across most industries in August 2022
The Australian Bureau of Statistics found that business turnover rose in 12 of the 13 selected industries in August 2022, with an 8.2 per cent...
Albanese gives strongest indication yet stage-three tax cuts are here to stay
The defence minister, Richard Marles, has also put his department on notice that it would not be immune to the search for savings even as the...
