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.
Small business will have voice at Jobs and Skills Summit
The Council of Small Business Organisations Australia (COSBOA) will be representing the needs of the country’s small businesses and COSBOA chief...
Shift away from tax agents ‘holds pitfalls for crypto, gig workers’
Figures released by the ATO this week showed myTax lodgements growing fivefold since the app was introduced and 9 per cent in 2019–20 alone,...
TPB launches new 2022–23 Corporate Plan with an agenda for excellence
TPB chair Ian Klug said in the next 12 months, the TPB will strive for excellence in itself and the profession it regulates acknowledging the...
Cashless retail sales defying expectations
The monthly data for July showed moderate growth in sales, after forecasting last month that there would be a fall of around 0.1 per cent....
STP records nearly finalised, says ATO
In its latest update, the ATO advised that the STP system for 2022 is progressing well and that contact centres are meeting 90 per cent of their...
ATO debt levels ‘much higher’ than pre-pandemic
She said many SMEs owing money to the ATO were carrying six-figure debts – with some above $1 million – and many were surprised by director...
Business confidence and conditions rally as economy strains capacity limits
Increasing prices, increased demand and continued hiring were hallmarks of the report indicating the economy was still running hot. The latest...
Household spending continued to rise in June
The ABS data showed that household spending rose 10.2 per cent in June 2022, compared to the same time last year. Jacqui Vitas, head of...
Australian unemployment increases to 8.5% in July as workforce swells to 14.7 million Australians
The Roy Morgan employment series data showed that in July unemployment increased 0.7 per cent points to 8.5 per cent. Roy Morgan’s unemployment...
Reserve Bank to trial digital currency in ‘limited-scale pilot’ scheme
Unlike well known cryptocurrencies such as Bitcoin and Ether, which were created by private entities or individuals, a CBDC is issued and...
