Preparing a will is an important step in managing your estate and ensuring your wishes are honoured after you pass away. Before meeting with a lawyer to draft your will, it’s beneficial to have several items prepared to make the process as smooth and comprehensive...
Wages are growing faster than inflation and this milestone has been reached earlier than expected. The official wage price index rose 4.2 per cent in the 12 months to December, a little above forecasts and up from the 4.1 per cent annual growth in September. On a...
New data collection methods could end the days of short-term rental property owners claiming tax deductions when the home is not being rented. Prime Minister Anthony Albanese has vowed to raise the issue of the owners of holiday rentals or Airbnbs claiming tax deductions for the...
Australian workers could be missing out on higher pay because of a common clause in contracts that stops employees moving to competitors. About one in five employers are using what are known as non-compete clauses, according to an entirely new dataset released by the Australian Bureau...
The outgoing head of the ATO has called for the tax office to have the power to collect evidence as part of criminal investigations. In a speech to the National Press Club, ATO commissioner Chris Jordan said the organisation should be given powers similar to those...
Citizen juries should be used to better regulate large online platforms in a bid to counter growing harms on the internet, a report has urged. The report published by the Lowy Institute has called for small representative groups to be in charge of decision-making about how...