Articles

Scientists have unearthed 17 “exceptionally rare” teeth from a giant herbivorous dinosaur that roamed Australia millions of years ago. The teeth were discovered near the western Queensland town of Winton, which paleontologists believe around 96 million years ago was the edge of an inland ocean. Several partial...

Three of the big four banks have raised their variable home loan rates following the central bank’s decision to lift the official cash rate. Commonwealth Bank, NAB and ANZ have all moved on Wednesday to raise their rates by 0.5 per cent. The Reserve Bank of Australia...

Treasurer Jim Chalmers says neither his department nor the Reserve Bank are forecasting a recession for Australia. A number of economists have suggested lower house prices, a drop-off in dwelling investment and a range of global pressures will bring the economy close to recession in 2023. Dr...

Taxes on Ukrainian goods being imported into Australia have been scrapped following Anthony Albanese’s tour of the war-torn nation. The prime minister visited the towns of Bucha, Irpin and Hostomel on Sunday, before meeting with Ukrainian President Volodymyr Zelenskiy in the capital Kyiv. The federal government pledged...

The trustee is responsible for managing the trust’s tax affairs, including registering the trust in the tax system, lodging trust tax returns and paying some tax liabilities. The beneficiaries include their share of the trust’s net income in their tax returns and may need to pay instalments on their expected...