NEWS UPDATE
NEWS UPDATE
As the calendar year winds down, many people switch into holiday mode and plan to “reset” in January. While rest is important, this final stretch of the year is actually one of the most powerful times to prepare for a healthier, wealthier, and more organised...
Taxation is a fundamental part of life in Australia, yet it remains one of the most misunderstood areas for individuals and businesses alike. Whether you’re an employee, sole trader, investor, or business owner, understanding your tax obligations—and how to manage them effectively—can make a significant...
Australians are being urged to engage more closely with their super, because small tweaks made early in life can grow into large differences over time. Fewer than half of all Australians have actively chosen how their super is invested, with nearly one in three unaware...
Gold has made its biggest jump since the 1979 oil crisis in 2025 – with prices doubling in the last two years – a performance which might previously have meant forecasts of a big correction. Yet a growing investor pool and factors ranging from US...
By the end of January Australians should have a clearer picture of whether they can expect interest rate hikes next year. Quarterly inflation data, due to be released by the Australian Bureau of Statistics on January 28, will confirm or allay Reserve Bank fears that...
A forecast multibillion-dollar uptick in Christmas and holiday spending is being taken as a sign Australians are finally getting beyond cost-of-living woes. Consumers are by and large expected to loosen the purse strings over the silly season, with significantly increased outlays on gifts, food, dining...
The business community remains dead against a bold Productivity Commission bid to transform the corporate tax regime, even after it reduced the proposed rate for big firms. The government’s economic think tank on Friday released the five final reports from its inquiry into Australia’s stalled...
Following pressure from regulators, Australia’s largest bank says it will repay $68 million to low-income customers who incurred unusually high bank fees for services such as dishonoured payments and overdraws. Commonwealth Bank said on Tuesday it would make the “goodwill adjustments” in early February and...
Key points Lots of uncertainty by 2025 turned out okay… 2025 initially saw turmoil as US President Trump announced tariffs that were much higher than expected along with a bunch of other moves to upend US institutions and the global economic order. But the global...
The treasurer has been urged to raise the GST, lower the capital gains discount and introduce a modest inheritance tax to fix his ailing budget as Australia’s nascent data centre boom lifts productivity hopes. In next week’s Mid-Year Economic and Fiscal Outlook, Jim Chalmers will...
Almost two in three Australians would not consider working for a company that required a long commute and many were willing to sacrifice higher wages and perks to work closer to home. Employees with short commutes also reported being happier and more productive, and saved...
Albert Einstein reportedly called compound interest the “eighth wonder of the world.” Whether or not he actually said it, the sentiment holds true. Compound interest is one of the most powerful forces in investing, not because it is flashy or complex, but because it rewards...
Running a small business comes with plenty of moving parts—managing customers, marketing your services, staying on top of expenses, and keeping operations running smoothly. But one area that often catches business owners off guard is tax planning, particularly when it comes to the Business Activity...
Key points Lots of uncertainty by 2025 turned out okay… 2025 initially saw turmoil as US President Trump announced tariffs that were much higher than expected along with a bunch of other moves to upend US institutions and the global economic order. But the global...
Nearly two in every five Australians fear they will not be able to retire, as housing prices and day-to-day costs grind higher, new data shows. Roughly 38 per cent of Australian superannuation members have that worry, up from 28 per cent in 2024, while two...
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