More businesses are struggling to pay outstanding invoices to suppliers though the proportion falling behind is still below pre-pandemic levels. Wednesday’s risk update from CreditorWatch suggests lacklustre consumer spending and elevated costs of doing business have firms paying late at the highest rate since March 2021. The...
A majority of aged-care providers are seriously concerned about how Australia will handle a rapidly maturing population. The Aged and Community Care Providers Association’s state of the sector survey released on Wednesday shows seven out of 10 providers worry about the nation’s readiness for an ageing...
Lodging your own tax return? Read this before the 31 October deadline. If you run a business you need to lodge a tax return, even if you made a loss. When you lodge your own tax return, you need to lodge by 31 October. You can lodge online using myTax...
Surcharges for payments made by debit card could soon be dumped, but business groups have warned there might be unintended consequences for consumers. The federal government said it was prepared to ban debit payment surcharges by 2026, pending a review carried out by the Reserve Bank. The...
Tens of billions of dollars will be spent on a new defence precinct in Western Australia to get it ready for nuclear-powered submarines, creating 10,000 jobs. Defence Minister Richard Marles and WA Premier Roger Cook will announce on Wednesday the establishment of a consolidated Commonwealth precinct...
Subscription traps that make it difficult and confusing to cancel ongoing contracts could soon be banned. Online retailers who force customers to set up accounts and provide unnecessary information during transactions will also be targeted. The Albanese government has outlined a range of legislative measures to try...