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.
Home loan deferrals wind down as banks end mortgage holidays
The latest data from the Australian Banking Association reveals there were just 3,170 home loans with the big four banks and Suncorp still...
Budget must focus on imbalances, says ACTU
In a speech made to the National Press Club on Tuesday, ACTU president Michele O’Neil pointed to the growing inequality between the haves and the...
Victorian ombudsman finds 12,000 businesses ‘unfairly denied’ COVID-19 grants
As a result of the probe, the Department of Jobs, Precincts and Regions said it would now reopen the Business Support Fund for eligible...
ATO flags audit requirements for accepting downsizer contributions
From 1 July 2018, members of SMSFs aged 65 years or older can make downsizer contributions into their fund of up to $300,000 from the proceeds of...
WA woman faces jail term over early access to super fraud
The 35-year-old woman has been accused of submitting several false hardship claims from early 2019 on behalf of other people, in order to access...
Pre-insolvency provider charged for alleged illegal ‘phoenix’ activity
A long-standing Serious Financial Crime Taskforce (SFCT) investigation led by the Australian Taxation Office (ATO) and the Australian Federal...
Hume praises ‘overwhelming success’ of early access to super scheme
A survey released by the Australian Bureau of Statistics showed that the majority of money withdrawn from super was used to pay bills. Read more...
Scrap tax returns and save on accounting fees, says think tank
The Blueprint Institute on Tuesday released a report titled Bye–Bye Tax Returns which proposes the federal government introduce a $3,000...
ATO promises not to ‘destroy’ businesses as it resumes debt collection
While the Tax Office has now confirmed that it has resumed pursuing and enforcing debt recovery, ATO second commissioner Jeremy Hirschhorn has...
What did Aussies spend their super on?
A survey released by the Australian Bureau of Statistics showed that the majority of money withdrawn from super was used to pay bills. Read more...
