Major increase in civil penalties on the table for rogue tax agents
Assistant Treasurer Stephen Jones has told accountants, lawyers and other professionals they have until January 21 to respond to a raft of changes to tax agent regulation as a part of the government’s response to the PwC confidentiality breach.
Bush businesses hit harder by rising costs, closing banks
Regional businesses were also more concerned about the rising costs of goods or services, with 73% in country areas registering their worries compared to 64% in the cities.
Here’s (yet another reason) why fintech Up is the coolest, most innovative bank in Australia
Informed by a survey of gen Z and Y respondents aged 18 to 34, Up's Hi-Fi product aims to help young Australians reach their financial goals.
Crowdfunding platform Banana aims to fix fashion’s “inventory problem”, connect designers, producers and consumers
The world’s first fashion crowdfunding platform Banana has made its debut to bridge the gap between designers, producers and consumers and bring fashion ideas to life.
Government pledges $8.1 million and crackdowns to ensure small businesses are paid on time
The Albanese government has committed to speed up payment times for small business, crack down on non-compliance, and name and shame big businesses.
Happy birthday AUD: A timeline of how the Australian dollar was floated 40 years ago
The momentous decision to float the Australian dollar was taken on Friday, December 9, 1983, by the Hawke Labor Government.
Gina Rinehart forays into retail fashion with Driza-Bone acquisition
Propel Group is selling its water-resistant coat and apparel brand Driza-Bone to billionaire mining magnate Gina Rinehart via her S Kidman and Co pastoral company.
Australian quantum computing to get $18.5 million grant boost
Minister for Science and Industry, Ed Husic, has announced an $18.5 million grant program to bolster quantum computing in Australia.
“Imagine the possible”: ATO commissioner envisions BAS-free future for small business
Outgoing Australian Taxation Office commissioner Chris Jordan has reaffirmed the office's commitment to a fully digital tax system, asking taxpayers to imagine a potentially "BAS-free" future for small businesses.
“Staple of any Christmas lunch”: Agriculture minister urges supermarkets to freeze ham prices
Senator Watt on Monday sent a stern warning to supermarkets to "not profit off hardworking Aussies" in the lead-up to Christmas.
Queensland-based Beefy’s Pies acquired by Retail Food Group for $10 million
Beefy’s Pies may soon be available for franchising after an agreement was reached for the retail chain’s acquisition by listed cafe operator Retail Food Group for $10 million.
With inflation at 4.9%, will the RBA hold fire on interest rates?
Australia’s inflation rate has dived from 5.6% to 4.9% in October, pushing it below 5% for the first time in 20 months.
