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.
Tax practitioners have high level of trust: TPB
The survey, conducted in the lead-up to tax time, indicated that consumers place an exceptionally high level of confidence in their registered...
Online retail sales down again but consumer confidence lifts
However, in year-on-year terms, the index continued to grow, albeit slowing in May (10.4 per cent y/y). Department stores continued to grow, and...
Increasing proportion of accountants assisting with SMSF setups
Based on the 2022 report, 65 per cent of advisers reported assisting clients with SMSF establishments in the past 12 months — an increase from 54...
Car allowance increase ‘welcome news’
The new rate applies to eligible taxpayers who elect to use the cents-per-kilometre method when calculating income tax deductions for their...
Wash sales: The ATO is cleaning up dirty laundry
The ATO is warning taxpayers to not engage in “asset wash sales” to artificially increase their losses and reduce gains or expected gains. Wash...
Industry bodies call on government to let pensioners re-enter the workforce to solve labour shortage
At the same time, the Australian Retailers Association is in crisis with the worst labour shortage it has experienced in decades and limited...
Higher electricity prices will hit businesses and consumers in late 2022: ANZ
In its latest analysis, the ANZ said retail electricity prices will rise sharply in quarter three but electricity credits for households in some...
New data reveals that less than 50% of women in the workforce work full-time
The report highlighted that the gender pay gap is far from reducing and that women are continuing to miss out on management roles. Even women now...
1 in 5 part-time workers want more hours
The latest statistics showed there are 821,000 part-time workers who preferred and were available to work more hours. Additionally, about half of...
Aggressive approaches to work test may attract ATO scrutiny
In a recent podcast, Colonial First State senior technical services manager Linda Bruce explained that with the work test being moved out of the...




















