Property investors are anxiously awaiting any potential changes to tax breaks after a week of mixed messages on negative gearing and capital gains tax. Prime Minister Anthony Albanese has repeatedly insisted Labor has no plans to touch the tax concessions, despite reports Treasury was preparing advice...
Less than a quarter of Australians are satisfied with their financial position, with younger generations increasingly relying on grandparents for support. Research conducted by investment group MLC found 70 per cent of people said financial wellbeing was important to meeting life goals, but only 23 per...
People with disability could receive higher quality support as the federal government trials a program that pays service providers based on whether they achieve results for participants. Those on the National Disability Insurance Scheme (NDIS) currently pay providers for their service, but this pilot will attempt...
Retail sales figures should show the Australian economy continues to “muddle along” without setting off too many alarm bells about an imminent recession or inflation kicking off again. Economists expect the Australian Bureau of Statistics on Tuesday to reveal retail trade picked up 0.4 per cent...
Aboriginal and Torres Strait Islander-owned businesses have secured $10 billion in commonwealth contracts since 2015 under the government’s Indigenous procurement policy. Daniel Joinbee’s Gunggandji Aerospace is one of 4,100 Indigenous businesses awarded more than 71,000 contracts over the past nine years. Mr Joinbee is an air force...
A major airline deal promising better value airfares into Europe and Asia won’t crash prices for passengers but will be difficult for regulators to turn away, an aviation expert says. Qatar Airways has proposed purchasing one-quarter of Virgin Australia, allowing the local carrier to launch flights...