NEWS UPDATE
NEWS UPDATE
Australia’s unemployment rate probably needs to edge a little higher to help get inflation back under control, Reserve Bank governor Michele Bullock says. Prefacing her remarks by saying the RBA does not want to see high unemployment, Ms Bullock told a business event on Tuesday…
For many of us, work has a habit of expanding to fill almost every available space in our lives. Emails creep into evenings, weekends become recovery time, and personal appointments are squeezed around meetings and deadlines. Most of the time, we simply keep going. But…
For many business owners, years — sometimes decades — of hard work go into building a business. Yet while considerable thought is often given to starting and growing a business, far less attention can be given to how that business will eventually end or change…
For many people, an accountant is someone they speak to once a year, hand over a collection of documents to, and hopefully receive a tax refund from shortly afterwards. But good accounting advice can offer much more than completing an annual tax return. Whether you…
The adoption of artificial intelligence is rocketing in Australia, creating massive demand for infrastructure that will deliver jobs and economic benefits. The nation was at the “cusp of a data centre boom”, Oxford Economics head of economics Harry Murphy Cruise told a conference in Sydney…
Eligible small businesses can continue to claim an immediate deduction for assets costing less than $20,000. From 1 July 2026, the $20,000 instant asset write-off is permanent, giving eligible small businesses greater certainty when investing in assets. If your business has an aggregated annual turnover…
Starting a business is exciting, but the legal decisions made at the beginning can have long-term consequences. From choosing the right structure to employing staff, signing contracts and protecting your brand, there is much more involved than simply registering a name and opening the doors….
Almost three million Australians are expected to retire over the next decade, but not everyone is heading toward their golden years with confidence. Many are still thinking about their “number” – the preferred size of their superannuation pot and their likely annual living costs. The…
One-size-fits-all restrictions on how artificial intelligence data centres are powered could send investment in the growing technology overseas, business groups warn. In a submission to a Senate inquiry into AI data centres, the Australian Chamber of Commerce and Industry said a source neutral approach was…
Artificial intelligence could be the ticket out of stunted economic growth while risking the future of increasingly high-skilled jobs, according to Treasury advice. In a brief handed to the treasurer, AI has been characterised as a tool which could provide significant productivity gains across the…
For many business owners, profit is the headline number. But in day-to-day business, cash flow is often what keeps the doors open. A business can be profitable on paper and still experience financial pressure if customers are slow to pay, tax obligations are underestimated, expenses…
A modular home factory will receive $120 million in taxpayer backing to turbocharge the fledgling industry and solve Australia’s housing shortage. The investment in Built Living – a 50:50 joint venture between Australian contractor Built and Bunnings owner Wesfarmers – is the first foray into…
Tax is an unavoidable part of running a small business, but it is also one of the areas that can create the most confusion. For many business owners, tax sits somewhere between administration, compliance and financial planning. It is often pushed aside while the more…
Workers being able to access their superannuation early would destroy their retirement earnings, the treasurer has warned, following calls by Pauline Hanson. The One Nation leader has called for a relaxation of rules that would allow people to withdraw their super in times of crisis…
Tax is one of those unavoidable parts of running a business. When things are going well, paying tax can actually be a sign that your business is profitable. But without planning, tax can also create cash-flow pressure, unexpected bills and, in the worst cases, serious…
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Financial Services Guide Part 1
Joel Plowman’s Financial Services Guide Part 2
Leigh Jenkins Financial Services Guide Part 2
Rod Harper Financial Services Guide Part 2
Mark Trajkovski Financial Services Guide Part 2