You can claim tax deductions for expenses you incur while running your business if they’re directly related to earning your business income. This is also known as assessable income. Take Zac for example. Zac is a sole trader who works as a management consultant. As part of his...
Almost three in four Australians want laws to restrict the use of generative AI tools and most people believe the technology is being developed too quickly, a survey has found. But the university research, released on Monday, found less than half of all Australians had used...
More than one million Australians who contracted long COVID at the height of the pandemic cost the national economy almost $10 billion in lost productivity. Academics from the Australian National University (ANU), University of NSW (UNSW) and Melbourne University have found around 100 million labour hours...
The federal government has reached an agreement with states and territories on a contentious reform to the NDIS. The Senate is deliberating on National Disability Insurance Scheme reform to cap funding to the NDIS at eight per cent per year, but state and territory governments had...
The future of the federal government’s signature manufacturing strategy could rest on it pulling financial support for a controversial Northern Territory gas project. As Labor looks to pass its Future Made in Australia policy through the lower house as early as Wednesday, the Greens have flagged...
Many Australians are paying for a subscription they no longer need simply because they find it too difficult to cancel, a report has found. The Consumer Policy Research Centre has revealed one-in-10 Aussies are stuck with something they don’t want and one in three have been...