Before you complete your tax return for 2022–23, find out what’s new and any changes that may affect you. Working from home deduction changes The fixed rate method for calculating your deduction for working from home expenses has been revised. The revised fixed rate method allows you to claim...
A sharp fall in consumer prices will take pressure off the Reserve Bank, but persistent growth in rents and services will keep further rate hikes in play. The consumer price index sunk back to 5.6 per cent in the year to May, from 6.8 per cent...
More than half of financially vulnerable Australians cannot afford to pay utility bills on time, new Salvation Army research has found, as cost of living pressures continue to mount nationwide. The survey found 64 per cent of those polled did not have enough money to pay...
Workforce shortages continue to plague manufacturing businesses, even as the slowing economy and the influx of migrants take the edge off the competitive labour market. The monthly business survey by Westpac and the Australian Chamber of Commerce and Industry released on Tuesday revealed ongoing tightness in...
Fledgling aviation engineers will have access to fresh training facilities as part of a boost for the sector by the flying kangaroo. Qantas will partner with Aviation Australia to set up an engineering academy near airports in Melbourne and Brisbane. The academy is expected to train up...
Tanya Plibersek has spoken openly about the state of Australia’s environment but promises the federal government is up to the challenge of fixing the issues. During a nationwide zoom call, the environment minister faced questions about conservation, environmental offsets, deforestation and the Murray-Darling Basin. More than 1000...