Only one in 20 Australian businesses are ready to deploy and leverage AI despite research suggesting almost all jobs will be affected, a report says. The crucial lack of understanding about generative artificial intelligence comes as workers already embracing such tools save about 5.3 hours a...
Three in five Australian voters favour scaling back negative gearing and the capital gains tax discount, new polling suggests. One in five want investment property tax breaks to stay the same, according to the polling by independent consultancy RedBridge Group on behalf of national housing affordability...
Four-year forecasts for state and territory shares of GST are being sought as the pushback against the annual carve-up of the tax continues. A longer forecast window from the Commonwealth Grants Commission would help secure budget bottom lines and reorganise spending if needed, advocates say. Under the...
WHAT IS A DEFAULT OFFER? * The default market offer is a price cap on how much retailers can charge customers on their default energy plans * It is a reference price for market competitors, according to the energy regulator, and is what retailers have to advertise...
A jump in paid parental leave to 26 weeks will help address the gender pay gap and stop working parents from losing out when they have children, the peak union body has said as legislation cemented the move on Monday. The 20 weeks of paid leave...
The cost of a morning brew came under fire in parliament as it was revealed a tin of coffee has almost doubled in price within a year at some major supermarkets. Labor MP Steve Georganas lifted the lid on the price hike of Nescafe-branded coffee during...