Deepfake images and videos are harming Australian children and businesses and laws are urgently needed to prevent more people being extorted or scammed through the technology, experts say. The warnings came at the AI Leadership Summit in Melbourne on Monday, with speakers calling for strict technical...
Independent MP Allegra Spender represents the country’s richest electorate but believes the tax system unfairly advantages wealthier Australians over working people. Australia should look at increasing consumption taxes like the GST and reducing tax concessions, while cutting income tax, to tackle intergenerational inequality, she told the...
From 1 July 2026, employers will be required to pay their employees’ super at the same time as their salary and wages. On 2 May 2023 the Australian Government announced that from 1 July 2026, employers will be required to pay their employees’ super guarantee (SG) at the...
As the festive season approaches, you may be thinking of hiring new employees to help with your business. Here are some key things to remember when it comes to your tax and super obligations. Withhold the right amount of tax As an employer, you’ll need to make sure...
Labor has defended its economic track record as sluggish growth is expected for the Australian economy, while unemployment is likely to climb. Treasurer Jim Chalmers will meet with world counterparts in Washington as the International Monetary Fund flags protectionist trade policies and commodity price shocks as...
A homeless person could have an extra meal every day for more than two years, under proposed tax changes to motivate businesses to donate more food and cut waste. Foodbank chief executive Brianna Casey says under the current rules, the tax system treats donating food no...