Inflation has surged to 7.3 per cent annually in the September quarter as supply chain bottlenecks, high energy prices and expensive freight continues to drive up the cost of living. Inflation over the quarter hit 1.8 per cent, according to data from the national statistics bureau. Underlying...
Federal budget tax cuts for electric cars and moves to create a national electric vehicle charging network in Australia have been welcomed by motoring and environmental groups overnight. The policies could shave $4700 off the cost of buying an electric car for an individual and $9000...
The local share market has managed to eke out some small gains despite inflation coming in hotter than expected, raising the possibility of a pivot back to more aggressive rate hikes. The benchmark S&P/ASX200 index finished Wednesday up 12.3 points to 6810.9, a gain of 0.18...
How to Teach Your Kids About Investment As a parent, you want what’s best for your children. This is why you teach them about cleanliness, health, nutrition, good behaviour, the value of education and so on. But how come very few parents take the time to...
Tried-and-Tested Tax Planning Strategies for Small Businesses Every dollar counts in business, especially for small enterprises. Therefore, you need to find ways to minimise your tax liability in addition to optimising income or profit. With a small business tax planning strategy, you can increase profits while also...
Treasurer Jim Chalmers has downplayed expectations of cost of living relief in next week’s federal budget, warning some measures could push inflation even higher. Dr Chalmers noted the cost of living could surge due to devastating floods in NSW, Victoria and Tasmania pushing up the price...
Employees should have the right to “disconnect” from work and not be contacted by bosses after knock-off time, a parliamentary committee recommends. The Senate committee on work and care released its interim report on Tuesday, which included eight “urgent” recommendations for improving the balance between those...
The four-year market value of chatbots is expected to reach more than $162 billion but users are still frustrated by online assistants. Queensland researchers surveyed 145 participants and found that when informed a human interaction option was available late in the service, aggression increased. The Queensland University...
All lenders, lessors and finance brokers must be licensed by ASIC or be a representative of someone who is licensed. Search ASIC Connect’s Professional Registers to check your credit provider is licensed before you deal with them. Some businesses that are exempt from licensing, such as retail stores...
Worker shortages have topped the list of concerns eroding the confidence of Australian business leaders. Inflation and rising interest rates also contributed to the dip in director confidence as measured by the Australian Institute of Company Directors. Director sentiment dropped to its lowest point in two years...