NEWS UPDATE
NEWS UPDATE
The divide between people who earn income from investments and those who work for a living could be exacerbated by the artificial intelligence revolution, economists at Australia’s largest business lender warn. While the adoption of AI is expected to boost productivity, without policy intervention the…
Start ups and small businesses will be forced to wait longer to find out if they will get special treatment from looming tax changes, as the government looks to enact the measures within weeks. Measures in the federal budget limiting negative gearing to new properties…
Australian businesses are under fire from both sides as conflict in the Middle East drives up prices and weakens demand. After first lighting a fire under fuel costs, the impacts of the US-Israeli-led war in the Middle East have begun flowing through the rest of…
From 1 July 2026, Australian employers will face one of the most important superannuation compliance changes in many years. Under the Australian Government’s Payday Super reform, employers will need to pay employee superannuation guarantee contributions in line with their regular pay cycle, rather than treating…
In many small businesses, success is not just built on products, systems or premises. It is often built around people. A founder who holds the client relationships. A senior technician who understands the systems. A sales manager who brings in new work. A business partner…
The likelihood of a rate hike in June has shrunk after a surprise jump in the unemployment rate showed the Iran war is having a material impact on Australia’s economy. While bad news for workers, the rise in the jobless rate from 4.3 per cent…
Softer auction rates are a sign tax changes in the federal budget are making things easier for first home buyers, the housing minister says, as Labor weathered another day of criticism from investors and entrepreneurs. Auction clearance rates held below 60 per cent nationally for…
Australia is well-positioned to take advantage of the global boom in artificial intelligence but governments and regulators need to get the policy settings right so they don’t stifle start-ups. That’s the message from two of the country’s biggest entrepreneurs in the AI space, including the…
Australia’s temporary fuel excise cut, which has brought down petrol prices, is likely to remain just that, federal Energy Minister Chris Bowen says. The three-month cut to the fuel excise started in April in response to soaring prices caused by the US-Israeli-led war on Iran…
States and territories are being urged to slash stamp duty for small businesses and families to help them handle the fallout of a contentious overhaul of tax on investments. The federal government has flagged some GST relief for Australians affected by a new 30 per…
Changing a business’s ownership structure can be a complex process, often necessitated by various circumstances, such as partnership disputes, divorce, retirement, or the sale of the business. Regardless of the reason, it’s crucial to understand the legal implications and ensure the transition is smooth and…
The federal government must crack on with harmonising regulations so that businesses like retailers, airports and farmers can avoid costly red tape, a major business lobby says. The Alliance of Industry Associations, representing 30 groups including banks, business, builders, farmers, transport, tourism and retail, made…
Email scams have become one of the most common and costly threats facing small businesses and everyday consumers. What used to be obvious — poorly written emails, strange attachments and unbelievable offers — has become far more sophisticated. Today, scam emails can look like they…
Jim Chalmers is putting the finishing touches on his fifth federal budget, with some of the measures starting to be revealed. WHAT’S ALREADY KNOWN ABOUT THE BUDGET * The government has already flagged large cuts to the NDIS, with savings of $15 billion to be…
For many small business owners, payroll can feel like one of those back-office jobs that simply needs to “get done.” Wages are paid, payslips are issued, and everyone moves on. But in reality, payroll is one of the most important responsibilities in any business. When…
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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