The peak business group has cut its economic expectations for next financial year to reflect the higher oil, gas, freight and fertiliser prices weighing on confidence and investment.
Sean Smith
Small businesses that create jobs are being slugged with a ‘productivity tax’ and punished compared to companies which barely grow, an eminent economist says.
Blair Jackson
Pauline Hanson says there is more “to do” after One Nation was tipped to bag a whopping 59 seats in new polling.
Nathan Schmidt
The Australian dream of owning a home outright by retirement has found itself competing with a so-called “Netflix effect”.
David Hannant
Energy Minister Chris Bowen has confirmed more fuel will arrive in Australia in the coming weeks, but says “a lot of concern” remains.
Ike Morris
The days of flipping houses could be dead, experts say, in the wake of major changes to investment property taxes.
The Australian sharemarket has pushed through choppy financial seas to achieve a stabilising weekly gain.
WA businesses caught by the Budget’s trust tax overhaul could face a costly State duty trap, with Canberra and the WA Government each blaming the other over who should fix it.
Ryan Johnson
An Australian thinktank says artificial intelligence could cause job market disruption at “a pace most workers have never experienced”.
Matt Mckenzie
Labor cabinet secretary Andrew Charlton has made a big concession on the impact of the new CGT changes on some small businesses.
Ria Pandey
The Albanese Government’s Budget does little to fix Australia’s productivity crisis and does ‘nothing’ to grow the economic pie, according to SGH boss Ryan Stokes.
Adrian Rauso
WA’s mining sector remains worried about the Federal Government’s capital gains tax shake-up despite an in-person charm offensive by Treasurer Jim Chalmers.
Rebecca Le May
The Australian sharemarket has recorded its best day in six weeks, as higher jobless figures spark investor relief that rate hikes may be off the table.
One state will cut 1700 jobs in the public service as it tries to recover from years of soaring debt and return to a budget surplus.
The Treasurer has given a firm commitment to maintaining WA’s current GST share, on his post-Budget trip to Perth.
SGH boss Ryan Stokes says the Albanese Government’s recent tax overhaul will ‘punish aspiration’ and adds to a broader policy environment making Australia lose its investment attractiveness.
Australia’s latest unemployment rate has been revealed as inflation bites businesses and slashes margins.
The impending release of labour force data will have a big bearing on whether interest rates rise again soon, as economists debate the Reserve Bank's next move.
Jacob Shteyman
Outgoing ASIC chair Joe Longo issued a dire warning that Australia risks a “lost generation” if it doesn’t embrace innovation in technology and startups.
Investors are expected to flee WA’s property market thanks to rate rises and Federal Budget tax hikes, as signs emerge that the days of white hot price growth are finally ending.
Australian shares have plunged amid uncertainty surrounding the federal budget and fears surging global bond yields could trigger rate rises in the US.
An investment expert has warned Australians an “extremely overvalued” property market will take a hit from rate hikes, Federal Budget tax changes and a potential economic downturn.
A major review of Australia’s $103 billion GST funding system is under way. Here’s how a small Canberra bureaucracy decides where the cash flows.
The UN has cut its forecast for global economic growth, saying the Middle East crisis has reignited inflationary pressures and heightened uncertainty.
Edith M. Lederer