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Scammers are constantly refining their tactics to target small businesses, making it essential to stay informed and vigilant.  The federal government’s Scamwatch website is an excellent resource for understanding current scams and reporting new ones. Knowing the risks and implementing prevention measures can be critical to safeguarding...

Treasury has updated its economic and fiscal forecasts for the next four years in its mid-year budget update. BUDGET DEFICITS (PREVIOUS IN BRACKETS): * 2025/26 – $36.8 billion ($42.2b) * 2026/27 – $34.3b ($35.4b) * 2027/28 – $36.2b ($27.1b) * 2028/29 – $36b ($37b) * Total – $143.3b ($151.7b) GROSS DEBT: * 2025/26...

Treasurer Jim Chalmers will unveil a $5.4 billion improvement in the federal budget this financial year, even as the deficit sinks to its worst level in five years. With judicious use of words such as “sensible” and “restraint”, Dr Chalmers will tout the government’s responsible economic...

Treasurer Jim Chalmers has used a $4.9 billion blowout in home battery subsidies to claim the government saved taxpayers $6.7 billion in the mid-year budget update. The battery subsidy program was initially set to cost taxpayers $2.3 billion but the forecast cost was revised up to...