The Australian share market pared some of its heavy losses as buying emerged in beaten down shares, but still ended lower amid renewed concern about a global recession. The benchmark S&P/ASX200 index ended 63.4 points, or 0.94 per cent lower, to 6,700.2 on Wednesday. The broader All...
Employment Minister Tony Burke stands by his recent comments that he doesn’t believe wage growth is about to fuel inflation, after Reserve Bank governor Philip Lowe warned against excessive wage rises. Dr Lowe told an event on Tuesday that a steady state of wage growth should...
Superannuation Changes Every Business Owner Needs to Know With the end of financial year (EOFY) 2022 just around the corner, it’s crucial for business owners to know about soon-to-be-implemented changes in Australian super funds. Come 1 July, companies need to be prepared to address superannuation guarantee (SG)...
You may be eligible to claim a tax offset on your super income stream and super contributions you make on behalf of your spouse. Australian super income stream tax offset A super income stream is a series of regular payments from your super fund. If you receive...
5 Easy Ways To Increase Property Value Your home is more than simply a place to unwind; it’s also an investment. If you plan to sell your property someday, increasing its value now can help you get a better return on your investment. Most people believe that increasing...
Energy operators have been put on notice as the consumer watchdog is given additional powers to monitor pricing. Treasurer Jim Chalmers on Tuesday announced an expansion to the competition and consumer regulator’s ability to monitor energy market prices. Australians are already experiencing tough financial times and the...