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.
Travel and exports push GDP up again
This is the third consecutive quarter of economic growth, following a contraction in the September quarter 2021, which was impacted by the delta...
SMEs increasing wages to attract staff
Despite the rising costs of doing business the report found that SME revenue continues to remain steady with more than two-thirds of businesses...
Late payments cost Aussie small businesses $1.1bn per year
In its latest report, Crunch: Cash flow challenges facing small businesses, Part II, Xero looked at the way in which late payments affect cash...
Household spending and consumer confidence continues to rise
However, it is hoped that Tuesday’s (6 September) fifth rate rise will have a bigger impact on cooling the economy. In July household spending...
Government should consider extending work rights of foreign students
The Australian Industry Group chief executive Innes Willox said the government should permanently extend the COVID concessions allowing foreign...
Entrenched inflation a real risk, says ACCI
ACCI chief executive Andrew McKellar said this fifth increase to the official cash rate in as many months has rapidly brought interest rates...
Robodebt payouts not taxable, says ATO
The income compliance class action (also known as the Robodebt class action) relates to Centrelink debts raised by income compliance reviews...
Federal Court confirms dishonest tax agent should be banned
Barbara Beckett had been convicted and sentenced for falsifying documents and had lied to cover up her actions and deceive authorities. She had...
Job ads continue to rise
In its latest report, ANZ reported that job ads increased 2 per cent month on month in August, exceeding the peak in March and said the immediate...
Two-thirds of small businesses looking to expand overseas: Report
And of those businesses that have already entered international markets, the majority are increasing their profits are have made significant...
