Treasurer Jim Chalmers is confident Australia is not heading towards a recession despite some economists warning the path to a soft landing from soaring inflation is narrowing. He says the Australian economy might stutter as interest rates lift, but neither the Reserve Bank nor Treasury are...
Millions of Australian households are being urged to prepare for wild weather events and emergencies after a survey revealed about half the population doesn’t have a plan. One in five families has discussed the safest place to meet in an emergency and more than 12.3 million...
A forward-looking indicator of economic growth has sunk to its lowest level since the COVID-19 pandemic. The Westpac-Melbourne Institute leading index returned its 10th negative result in a row in June. The six-month annualised growth rate in the index, which signals the likely pace of economic activity...
An electric vehicle price battle is emerging after MG revealed plans to launch the cheapest electric car in Australia days before one of its biggest rivals was expected to do the same. The Chinese automaker unexpectedly cut $6000 from the cheapest price for its MG4 electric...
Find out which expenses you can claim as income tax deductions and work out the amount to claim. How to claim deductions How to claim income tax deductions for work-related expenses and other expenses, and record your deductions. Cars, transport and travel Deductions for car, transport and travel expenses...
The Australian economy could benefit to the tune of over $1 billion if more was done to harness the skills of migrants and refugees. That is the conclusion of a new report launched in Canberra on Tuesday as the nation marked World Refugee Day. The Billion Dollar...
As tax time approaches, you should start preparing to meet your annual tax and super obligations. We’ve kick-started the process by pulling together a list of key hints to help you keep on top of things: Single Touch Payroll (STP) finalisation: you need to finalise your employees’ STP...
Gas connections will need to be switched off at hundreds of homes each day if Australia hopes to achieve net-zero emissions by 2050. The sale of new gas stoves and other appliances should be banned in coming years, the Grattan Institute recommends, and no new gas...
THE PUSH FOR A WORKPLACE RESPIRATORY DISEASE REGISTER 2016 First Australian case of engineered stone-related silicosis is identified, a 54-year-old stonemason in Queensland. March 2019 Gold Coast stonecutter Anthony White becomes the first tradesman known to have died from silicosis, a disease caused by inhalation of crystalline silica dust....
Life is unpredictable, and financial surprises can arise when you least expect them. This is where an emergency fund comes in. This financial safety net is designed to cover unexpected expenses, like car repairs or medical bills, or provide support if you lose your job...