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 warns it will be watching ‘double dippers’ this tax year
According to the ATO data, around 8.4 million Australians claimed nearly $19.8 billion in work-related expenses in 2021. “When people prepare...
Retail sales rise for the 4th month
The latest Australian Bureau of Statistics figure showed retail turnover rose 0.9 per cent in April 2022, reaching another record level. Director...
ATO view on member payments after death a ‘Pandora’s box’
In a recent online article, actuarial firm and education provider Accurium explained that over the years, the ATO has adjusted its views on...
Two tax hangovers ‘could be stumbling blocks’ for Labor
Mr Treatt, who is head of tax policy and advocacy at TI, said putting major tax reform on the agenda was a challenge and one “classic example” of...
Cost pressures continue to impact businesses
ABS head of industry statistics, John Shepherd, said most of these businesses were finding that increases in the cost of products and services...
Midyear sales get underway with Australians set to spend $8.8bn
The forecasts from the Australian Retailers Association (ARA) in collaboration with Roy Morgan showed that around 6.2 million Australians plan on...
Helping households with energy bills
The Energy Accounts Payment Assistance (EAPA) program has helped 49,000 NSW households experiencing short-term financial hardship with their...
Small-business wages are outpacing national average
Wages rose to unprecedented levels in April to 4.1 per cent y/y – a reflection of the tight labour market as small businesses struggle to retain...
Put your tax cards on the table, ALP urged
So said the head of tax policy and advocacy at the Tax Institute, Scott Treatt, and senior advocate Robyn Jacobson as they gave voice to concerns...
IPA signs historical partnership agreement with Solomon Islands
The strategic partnership, in collaboration with Monarch Institute, will see the joint delivery of ISIA’s first professional qualification...
