Intergenerational Report 2023: Six key points for Australian businesses
Australia is getting older, the tax base is changing, but there are opportunities to boost productivity, the Intergenerational Report says.
Judo Bank reports seven-fold profit increase, growing SME loan book as it challenges Big Four lending
Significant growth to its loan book underpinned those results, with Judo Bank increasing its SME lending portfolio from $6.1 billion to $8.9 billion.
Stop and pay attention: The (un)surprising commercial value of women
Between Barbie, Beyonce and Taylor Swift tours, these three juggernauts alone have made a $9 billion economic impact, writes Elaine Stead.
Small business concerns central to new competition law review, says Andrew Leigh
Australia's competition policies will face a fresh federal government review, as market concentration and falling business formation rates set off alarm bells in Canberra.
Retail wreckage: Business numbers fall by more than 2,000 as consumer spending slows
The retail sector shed more businesses on a net basis than any other industry sector last year, exposing a harsh environment for established traders and fresh entrepreneurs alike.
Report payments made to contractors: ATO warns as TPAR deadline looms
More than 16,000 penalties were recently issued by the ATO for businesses that didn’t lodge their TPARs for previous years.
ATO to shut down tech trouble hotline as more self-help services go digital
The Australian Taxation Office is reminding businesses and tax professionals its technical help hotline will be disconnected in November, urging callers to visit its online self-help services instead.
ATO reimbursement scheme under the microscope as small businesses pay $1 million to challenge tax decisions
Small businesses are spending more than $1 million in legal fees to challenge decisions handed down by the Australian Taxation Office (ATO), but an official reimbursement program offers "insufficient certainty" over what costs are actually covered, according to a new review by the tax office watchdog.
Increasing life expectancy to see Australia’s ‘care’ economy make up 15% of GDP: Intergenerational report
In four decades’ time Australians will be living longer, with more years in good health -- but the larger cohort of aged people will increase the need for care.
RBA gives Big 4 banks another ten months to lift their game on least-cost routing
The Reserve Bank of Australia has given breathing room to the major banks and payment service providers failing to promote least-cost routing among merchants, saying they have until June 2024 to boost merchant uptake before facing a regulatory crackdown.
Easing labour market may spell good news on interest rates
The series of interest rate rises were aimed at taking the heat out of inflation and slowing the economy.
F45 will pull its shares from the NYSE — but there may be a silver lining
Australian-born gym chain F45 intends to delist its shares from the New York Stock Exchange, after what one market observer dubbed a "disaster" run for the company since its powerhouse IPO lifted the company a AU$2 billion valuation.
